Ben Geman of Axios writes on startups that are tracking emissions.
- Watershed is a startup that has recently raised $70 million from VC heavyweights.
- The San Francisco-based company helps companies such as Twitter, Airbnb, and Doordash track direct and operational emissions from supply chains.
- The field of startups that track corporate emissions is expanding with carbon accounting firm Personifi raising $101 million last October.
- These startups are making it more possible for companies to accurately track and meaningfully reduce their carbon footprints.
“Sequoia and Kleiner Perkins led the funding round for San Francisco-based Watershed, which claims a valuation of $1 billion. Clients include Sweetgreen, Twitter, Airbnb and DoorDash.”
Read the full article here.
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