Skip to content

Sector Deep Dive: Carbon Accounting And Offset

With a focus on climate tech and impact investing, France wants to be a player in this emerging market.

With average global temperatures reaching record levels, climate change is *the* hot topic. Investors and politicians are betting on startups to find solutions. Consequently, that has made climate tech one of Europe’s fastest-growing verticals.

While climate tech spans a wide range of products and services, the carbon tracking and offset segment has emerged as one of the fastest-growing categories. Dealroom lists 305 companies globally in this space. They have raised $24 billion, with $23.1 billion of that money coming since 2021.

About 10% of those companies are in France, according to Dealroom. Those 31 French companies in the carbon tracking and offset segment have raised $1.2 billion. The bulk of these companies are at the very earliest stages, with a single company – Sweep – representing $100 million of that investment. Investment in this sector has come from a mix of private investment, government subsidies, and grants.

As companies face more pressure to monitor and reduce their carbon footprint, let’s take a closer look at the challenges and opportunities for this emerging sector in France. 

This post is for paying subscribers only

Subscribe

Already have an account? Sign In

Latest

🤖 La Machine #36: Tilt Energy + Altertable Target Smarter Grids And Data Stacks With AI 🤖

🤖 La Machine #36: Tilt Energy + Altertable Target Smarter Grids And Data Stacks With AI 🤖

Altertable emerges from stealth to build an AI-native data stack; Tilt Energy wants to use AI to bring 'flexibility' to the grid. Plus, Genesis Robotics raises $85M, Asterion backs deeptech AI, H Company COO exits, France targets AI in justice and music, and Google eyes a French data hub.

Members Public
French Tech Funding Wire June 27: Zama, Orus, Melvan & More!

French Tech Funding Wire June 27: Zama, Orus, Melvan & More!

17 companies raised a total of €177.08 million last week. Other startups that raised a round between June 23 and June 27 include: Ever Dye, Policloud, Le Drive tout nu, Wilgo, Qomon, DejaBlue, GeodAlsics, Waypoint AI, Oria Bioscience, Altertable, Vipali, Hydroclimat, Stairling, and Winalist.

Members Public