Tech Company Financing Transactions
Kita Funding Round
Kita secured a $4.8 million Seed financing round on 2/22/2023. Investors included Octopus Ventures, Carbon13 and Chaucer Group.
Transaction Overview
Company Name
Announced On
2/22/2023
Transaction Type
Venture Equity
Amount
$4,808,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to build its team, scale its underlying technology-based risk modelling, launch its first insurance product, Carbon Purchase Protection Cover, and begin building a wider portfolio of carbon insurance products to cover the full spectrum of risks in the carbon markets.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
Britannia Court, 5 Moor Street,
Worcester, England, WR1 3DB
UK
Worcester, England, WR1 3DB
UK
Phone
Undisclosed
Website
Email Address
Overview
Carbon insurance is what we do. In fact, it's all we do. This singlemindedness enables us to build a company that offers tailored insurance products to all parties - buyers, sellers, intermediaries - across the carbon market. Ambitious? Yes. But also streamlined and focused and specific. By keeping our brief laser-focused, we can offer insurance policies that are rooted in research, constantly re-calibrated as we acquire new data and based on the expertise that we and our partners pride ourselves on.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Natalia Dorfman
Chief Financial Officer
Tom Merriman
Chief Technical Officer
Paul Young
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Where The Data Comes From
Our team works diligently to report on funding rounds that are announced publicly. All VC database entries on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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