- CarbonEthics scores $2.1M
- Indonesian startup tackles climate change
- Southeast Asia emerges carbon offset powerhouse
Green giants in the making
CarbonEthics, an Indonesian startup specializing in tech-enabled natural climate projects, has successfully raised $2.1 million in seed funding.
The company partners businesses and institutions to develop innovative solutions for achieving climate goals and generating new revenue streams.
Rooted in Southeast Asia’s potential
Having collaborated major players like Allianz, Ernst & Young, and Danone, CarbonEthics is well-positioned to tap into Southeast Asia’s projected 30% share of the global carbon-offset supply by 2030 through nature-based solutions.
Intudo Ventures led the funding round, joined by several angel investors.
Branching out
Founded in 2019, CarbonEthics aims to become the premier decarbonization partner. Their offerings include nature-based carbon projects, tree planting initiatives focusing on blue carbon ecosystems, and carbon consultancy services.
The fresh capital will enable the company to expand its project portfolio and bolster its team of experts.
