Tech Company Financing Transactions
CNaught Funding Round
Carthona Capital, Greycroft Partners and LongRun Capital participated in a $2.3 million venture round for CNaught. The round closed on 10/11/2023.
Transaction Overview
Company Name
Announced On
10/11/2023
Transaction Type
Venture Equity
Amount
$2,250,000
Round
Undisclosed
Proceeds Purpose
The voluntary carbon-offset market has been growing dramatically, but it's also been mired in controversy over offsets that don't avoid emissions.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
333 Bush Street 4th Floor
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Undisclosed
Website
Email Address
Overview
We need more people to put more money into reducing the amount of carbon in the atmosphere through purchasing voluntary carbon credits. Today, too many potential buyers don't know how or what to buy. They are afraid of doing it wrong. They are afraid of purchasing credits that underperform and leave them open to lawsuits. This isn't their fault. The market is opaque, confusing, and hard to navigate for even experienced buyers, and organizations need a substantially easier solution
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Chen
Chief Operating Officer
Steven Siger
Chief Technical Officer
Dan Kokotov
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