Image credit: Carbon Maps
Paris-based Carbon Maps, a holistic local weather administration platform for the meals trade, introduced on Monday that it has secured €4M in a Pre-Seed spherical of funding from European enterprise capital corporations Breega and Samaipata.
Carbon Maps says it plans to utilise the capital to enhance its platform’s options and fashions, rent roughly 15 new abilities, and broaden its providers to different EU nations.
Three entrepreneurs with backgrounds in meals, knowledge science, and provide chains – Patrick Asdaghi (serial entrepreneur and founding father of FoodChéri, acquired by Sodexo in 2021), Jérémie Wainstain (agritech professional with a physics Ph.D.), and Estelle Huynh (former COO at Mojix, a US-based provide chain traceability SaaS) – based Carbon Maps.
The French agency is on a mission to assist meals corporations lower their environmental footprint, together with elements reminiscent of carbon footprint, biodiversity impression, water use and animal welfare.
Leveraging science-based mathematical fashions coupled with AI, Carbon Maps collects and analyses knowledge throughout all levels of the meals chain, from farmers to shoppers, to calculate varied impression indicators.
“Our ambition is to turn into the main environmental accounting platform bringing collectively all gamers within the meals worth chain, empowering them to evaluate their merchandise’ local weather impression to allow them to cut back it sustainably,” states Patrick Asdaghi, CEO of Carbon Maps.
Carbon Maps reveals that its clear, auditable calculations are primarily based on requirements and fashions validated by the scientific group reminiscent of GHG Protocol, ISO 14040 & 14044, and IPCC.
“Our meals system is a serious contributing issue to international greenhouse fuel emissions, biodiversity destruction, deforestation, and water consumption worldwide,” Asdaghi provides.
“Carbon Maps gives concrete instruments and options that allow manufacturers to develop actionable insights on an SKU-basis, and construct credible, efficient local weather plans related to their provide chains and their areas,” says Asdaghi.
The platform plans to cowl all essential indicators wanted to assist meals corporations’ ESG (Environmental, Social, and Governance) methods, and combine the Eco-Rating, an environmental client product label detailed in France’s Local weather & Resilience Regulation. It’s anticipated to be in impact by the tip of 2023.
Breega Capital is a Paris-based enterprise capital agency that sometimes invests in Seed and Sequence A startups throughout Europe.
François Paulus, Chairman and co-founder of Breega, says, “At Breega, we’re thrilled to resume our assist to Patrick and his co-founders of their mission to construct the instruments and infrastructure to assist meals corporations handle their local weather impression journey.”
“Carbon Maps’ vertical strategy, factoring usually underestimated agricultural practices of their science-based platform, is a recreation changer,” he provides,
Samaipata is an early-stage founder’s fund that invests in marketplaces and digital manufacturers throughout Europe.
“The worldwide potential of Carbon Maps is obvious and huge. Seeing the in depth preliminary curiosity in France, we wish to leverage our community in Southern Europe to assist the corporate broaden quickly because the urgency of standardised environmental labelling is gaining momentum,” says Aurore Falque-Pierrotin, Accomplice at Samaipata.
