Kita provides insurance and risk-transfer solutions focused on voluntary carbon markets, including products to protect buyers against transaction risks such as prepaid credits not being delivered. The company works with insurers such as Tokio Marine Kiln and Tokio Marine & Nichido Fire Insurance Co to develop political risk and transaction-risk insurance offerings. Kita is expanding capabilities to include carbon project risk assessments using satellite-based analytics and aims to integrate those with field services provided by partners like Nippon Koei. The expanded partnership with Tokio Marine Group is intended to create a "one-stop" service across the carbon project life cycle, spanning preliminary screening, detailed due diligence, project design and implementation support, and ongoing compliance and monitoring. Kita positions itself to support the growth and integrity of global carbon markets through combined insurance and project support services.

Total raised

$5M

Funding rounds

2

Latest round

Seed

Latest activity

Feb 2023