Tech Company Financing Transactions
Senken Funding Round
Senken secured a $7.5 million funding round on 1/27/2023. Investors included Obvious Ventures, Climate Capital and Inflection Equity Partners.
Transaction Overview
Company Name
Announced On
1/27/2023
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to power a transparent and liquid marketplace for the purchase, sale, and retirement of carbon credits.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Lottumstrasse 15
Berlin, 10119
DE
Berlin, 10119
DE
Phone
Undisclosed
Website
Email Address
Overview
We all know that reducing emissions is critical, but it's not enough. Offsetting unavoidable emissions with carbon credits is paramount to a complete net-zero strategy. But the current system is flawed: it's hard to access, the industry is full of intermediaries charging high fees, a lack of independent ratings makes it difficult to assess a project's quality, and most transactions happen behind closed doors, hindering price signals.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adrian Wons
Chief Operating Officer
Djamel Mekibes
Founder
René Schäfer
Browse more venture capital transactions:
Prev: 1/27/2023: People Science venture capital transaction
Next: 1/27/2023: Kittyhawk venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs