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Emissions tracking startups are attracting cash

Ben Geman of Axios writes on startups that are tracking emissions.

The C3 Take
  • 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.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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