carbmee secures €20M funding for AI-driven carbon emission reporting

AI-powered carbon management software company carbmee has raised a €20 million funding round. 

Typically, organisations struggle to track their carbon footprint effectively or accurately, due to siloed functions and a reliance on tools like Excel. 

By leveraging advanced data analytics and AI, carbmee’s centralised platform enables companies to manage, reduce, and report on their carbon emissions with accuracy and efficiency.

With a rapidly growing team of over 60 international colleagues and offices in Berlin, Munich, and New York, Carbmee serves well-known enterprise customers, including Lufthansa Technik, Kärcher, Hilti, Miele, Coca-Cola, Schaeffler, and Anglo American. 

The funds raised will be invested in further developing carbmee’s Environmental Intelligence System, the platform EIS™, with a focus on features like collecting granular LCA data and carbmee Studio, the recently launched customisation tool that enables users to create tailored, AI-driven reports and dashboards with ease.

According to CEO and co-founder Christian Heinrich, the funding is “a clear confirmation that we made the right decisions already 4 years ago anticipating the importance of scope 3 emissions in manufacturing industries."

“With over 80 per cent of emissions being rooted in the supply chain, we have built a platform that not only meets the evolving needs of complex industry enterprises but also plays a critical role in the global shift toward sustainability.”

Long term customers of carbmee’s platform, some of which are customers since the funding year, are seeing transformative results in their sustainability.

Toine Rombouts, lead of expert hub procurement direct material and services at KWS Saat, states that with carbmee, the company was able to calculate their supplier carbon footprint 94 per cent faster than with traditional methods.

CommerzVentures led the round with participation from Fly Ventures.

Paul Morgenthaler, Managing Partner at CommerzVentures commented,

“Christian and Robin have already achieved phenomenal growth since founding carbmee. They are at the forefront of a vital industrial step-change as businesses worldwide demand the knowledge and support to manage their carbon emissions.

Their powerful software reduces the complexity of decarbonising global supply chains, solving a key problem for industries.”

Lead image: Freepik.