Climate tech specialist Chooose has landed $15 million in fresh funding.
The investment in the Norway-based company was led by climate-tech focused investors GenZero and SoundWaves, the investment vehicle founded by actor Ashton Kutcher. Shell Ventures and Vinyl Capital also contributed to the round.
The startup has developed a software-as-a-service platform to help companies build and manage climate programs including offsetting initiatives, carbon removal and the purchase of sustainable aviation fuel.
Chooose will use the investment to support new sectors as well as to widen its offering to include both available and up and coming carbon solutions.
The company also wants to expand to new geographies.
“The need for climate action has never been greater. And now everywhere we look, we see individuals and organizations wanting to factor climate impact into their decision-making, and to support solutions. But getting started can seem daunting – we know software can make this easier by embedding awareness and access to climate solutions in the right places,” says Andreas Slettvoll, CEO and co-founder of Chooose.
“This is why we’re building Chooose. We are honored to have GenZero and SoundWaves lead this funding – both partners bring new technical competence and resources around climate and company building.”
Frederick Teo, CEO of Temasek-owned GenZero, says: “Many consumers and businesses are rightly concerned about their carbon footprint. This is especially true in the context of higher emission activities like air travel, but we see this rapidly becoming relevant in all sectors. To unlock these reductions, they need accessible, accurate emission information to decision on, and trusted ways of addressing the emissions that do happen.”
