Carbonplace operates a carbon credit transaction network that connects buyers and sellers of certified carbon credits via their banks, enabling secure transfers. The platform is designed to allow simultaneous settlement of carbon credits with immediate transfer of ownership upon payment, ensuring reporting and traceability throughout the transfer process. Carbonplace expects the system to launch later this year and to be available to clients of participating financial institutions. The company plans to use its new funding to scale the platform and team, expand services to a wider client base of financial institutions, and accelerate partnerships with registries and marketplaces globally. Carbonplace raised USD 45M in funding to support these efforts. The company is led by CEO Scott Eaton, who previously served as CEO of Nivaura, CEO of Algomi until its sale to BGC in 2020, and COO of MarketAxess from 2015–2018.

Total raised

$45M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2023