Initiativ is developing the first industrial “neo-bourse,” a digital platform where companies can buy and sell EU Emissions Trading System (EU ETS) quotas without relying on brokers or traders. Its infrastructure blends blockchain, AI-driven price forecasting and sovereign cloud architecture to provide public pricing, instant execution and full traceability. Founded in 2025 by Isaure Courcenet, Nicolas Negrilic and Nicolas Bigotte, the startup targets a €1 trillion annual carbon market that will widen to buildings and road transport in 2027. The company is working toward an ACPR-AMF investment-firm licence, after which several maritime, aviation, energy groups and European financial institutions plan to join. Future product expansion is expected to cover other energy commodities and raw materials, supporting a broader climate-focused financial ecosystem. Initiativ has been accelerated by the Cambridge Institute for Sustainability Leadership and ZEBOX, and it recently won the Start-up World Cup Aix-en-Provence, gaining a spot in the San Francisco finals. The fresh capital will help complete the decentralized exchange, secure regulatory approval and back the commercial launch. Financial metrics such as revenue or active users have not yet been disclosed.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2025