CUR8 Receives €6.1 Million Investment

Climate tech startup CUR8 has raised €6.1 million in a pre-seed investment round. This investment round was led by Google Ventures. Overstory, Gorilla, Sojo, CapitalT and Vaayu also participated in the investment round. Globally, service industries are considering decarbonizing their operations by 2050 as part of a net zero commitment. Decarbonization is an important way to offset emissions. As a climate technology startup, CUR8 is designing the technologies needed to accelerate the decarbonization sector. The startup sources carbon offset credits from key vendors in the market, combines different techniques and tactics, and then designs carbon offset portfolios.

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CUR8 Aims to Expand its Team

The climate technologies startup covers businesses in every sector. It aims to make decarbonization affordable for businesses. It starts at an industry-standard fixed price of 173 euros per decarbonization. They aim to reduce costs as the sector grows and develops. CUR8 plans to expand its team with the investment. It also aims to serve more customers. The startup will facilitate the reduction of 1 billion tons of carbon per year by 2050, balancing both impact and risk.

I've worked for 30 years in climate science and it seems normal to feel overwhelmed and pessimistic about the 2050 net zero deadline. Decarbonization combined with decarbonization at scale is helping us achieve these goals. We need to have the right tools to grow this market to 10 billion tons per year by 2050.