Brightly operates an AI-based platform that quantifies methane emissions avoided when nonprofit Food Rescue Organizations (FROs) divert edible food from landfills and converts those avoided emissions into marketable carbon credits. The platform uses robust datasets, including USDA and EPA resources, to calculate avoided methane with the intent of producing high-quality, food waste–based carbon credits. Those credits are sold to food producers, manufacturers, and retailers, and proceeds are routed to FROs to enable them to rescue more food and feed more people. The company positions itself at the intersection of climate mitigation and food-security impact, targeting methane reduction from landfilled food waste. Brightly is an 18-month-old startup that recently closed an oversubscribed seed financing, indicating early market interest and investor support. The raise is intended to scale credit generation and expand financial support for food-rescue operations.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2024