Key Carbon
Financials
Estimates*
USD | 2023 |
---|---|
Revenues | <1m |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $22.1m | Early VC | |
* | CAD25.0m | Growth Equity non VC | |
Total Funding | $22.1m |
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EditKey Carbon is dedicated to accelerating climate and biodiversity action by financing and supporting decarbonisation projects. The company operates in the environmental sustainability market, focusing on projects that remove or avoid carbon emissions, improve local biodiversity, soil health, and water quality, and benefit vulnerable communities. Key Carbon's business model revolves around the creation and sale of carbon credits, which are tradable units representing one tonne of carbon dioxide equivalent removed, avoided, or reduced from the atmosphere. These credits are generated from verified projects by reputable developers, ensuring real and measurable emissions reductions. The company serves a diverse range of clients, including corporations looking to offset their carbon footprint, investors seeking sustainable investment opportunities, and governments aiming to meet climate targets. Key Carbon makes money by financing these projects and selling the resulting carbon credits in the carbon markets. The company emphasizes project quality and additionality, ensuring that the projects funded would not have happened without the carbon revenue, thus guaranteeing extra emission reductions.
Keywords: decarbonisation, carbon credits, biodiversity, soil health, water quality, emissions reductions, sustainable investment, climate action, vulnerable communities, environmental sustainability.