Gresham House Ventures led the round in the climate impact data business
IN BRIEF:
- Connect Earth is an API-first environmental data company which offers insights into the climate impact of spending and investment decisions for FinTechs and banks
- Connect Earth has estimated carbon emissions for 500m financial transactions since 2022
- The investment will accelerate Connect Earth’s expansion among blue chips in Europe and the US
What does this mean?
Nick Carmont, co-founder and chief technology officer at Connect Earth, comments: “We are delighted to have secured this investment, which will enable us to significantly increase our capacity for working with new partners around the world. Connect Earth has the potential to make a huge impact on the financial sector and this investment will accelerate our ambitions to become the environmental data backbone of financial services across the globe.”
