Turkish Startup Sustable Receives Investment with $5 Million Valuation

Sustable is Turkey's first and only Turkish Standards Institute (TSE) licensed climate management and accounting platform. According to the information conveyed, the platform received investment from Atış Holding and Smartup Partners at a valuation of $ 5 million.

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Sustable

Sustable has laid its foundations in this year. It serves as a new generation carbon management platform for companies, assisting them in the areas of calculation, reporting and decarbonisation. The startup also facilitates the transition to a zero-carbon economy by easily meeting all the requirements of companies in carbon management and climate declaration processes.

The startup offers capabilities to create carbon reduction models in line with the temperature increase scenarios targeted by the Paris Agreement. It performs automatic calculations by adopting the vision of end-to-end automated business processes. It also produces error-free carbon reporting (GHG Protocol, ISO 14064-1, PCAF) ready for verification. The platform facilitates emission tracking in supply chain processes. The platform also provides a unique financial service solution for banks by enabling the management of financed emissions. The platform provides companies with a comprehensive decarbonisation management infrastructure. The Sustable team is currently working on continuous improvements in reporting services with natural language processing and activity data anomaly detection using artificial intelligence.