CarbonCloud, founded in 2019 and based in Gothenburg, Sweden, offers a climate intelligence and digital twins platform for packaged food and drink producers. Its product enables customers to establish climate footprints across supply chains and perform automated lifecycle testing. The platform is designed to improve visibility into cross-border supply chains, a key challenge for producers responding to sustainability demand. CarbonCloud cites figures showing 87% of European consumers would accept higher prices for more sustainable food and drink products. Its client roster includes Oatly and Dole Sunshine Company. The company is positioning to roll out its digital food-graph solution more broadly with support from new investment. CarbonCloud provides a platform that enables companies in the food industry to calculate and communicate the climate footprints of their products at scale. The platform is used in-house by brands including Oatly, Naturli Foods, Sproud and Nude, and its model has been used by the Swedish Environmental Protection Agency as well as institutions such as Princeton University and the Potsdam Institute for Climate Impact Research. Founded in 2016 as a spinout from food and climate research at Chalmers University of Technology, the company is based in Gothenburg. The startup plans to use new funding to expand, onboard new customers, and hire across sales, marketing and product development. Recent financing provides the company with fresh capital to support growth and product work.

Total raised

$9M

Funding rounds

2

Latest round

Series A

Latest activity

Feb 2023