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§ Private Profile · Aschebergsgatan 44, Gothenburg, Västra Götaland 411 33, Sweden
SaaS climate intelligence platform for the food industry, automating life cycle assessments to calculate and track product carbon footprints.
CarbonCloud has raised $9.0M across 2 funding rounds.
Key people at CarbonCloud.
CarbonCloud has raised $9.0M in total across 2 funding rounds.
Based in Gothenburg, Sweden, CarbonCloud provides a SaaS climate intelligence platform that enables food and beverage companies to calculate, track, and reduce the carbon footprints of their products across the supply chain. The subscription-based software automates life cycle assessments and generates real-time insights to build a global network of climate calculations for agricultural producers and stakeholders. Operating with a workforce of approximately 29 employees, the enterprise has secured a total of €8.5 million in capital, which includes a €7.5 million Series A funding round completed in 2023. This recent financing was led by venture firms Cusp Capital and Peak, alongside earlier backing from Maki VC, to support a growing customer base that features major industry players like Dole Sunshine Company and Oatly. The climate technology company CarbonCloud was originally founded in 2019 by David Bryngelsson and Mikael Tönnberg.
CarbonCloud has raised $9.0M across 2 funding rounds. Most recently, it raised $8.0M Series A in February 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2023 | $8M Series A | Peak, JAN Sessenhausen | 468 Capital, Cusp Capital Partners, Felix Capital, RTP Global, Maki.vc, TS Ventures | Announced |
| Sep 1, 2020 | $1M Seed | Maki.vc, TIM Schumacher | Energy Impact Partners, Heartcore Capital, World Fund | Announced |
CarbonCloud has raised $9.0M in total across 2 funding rounds.
CarbonCloud's investors include Peak, Jan Sessenhausen, 468 Capital, Cusp Capital Partners, Felix Capital, RTP Global, Maki.vc, TS Ventures, Tim Schumacher, Energy Impact Partners, Heartcore Capital, World Fund.
Key people at CarbonCloud.
CarbonCloud is a SaaS climate intelligence platform that calculates, manages, and reduces carbon footprints across food supply chains, enabling food and beverage companies to achieve net-zero goals with accurate, real-time data.[1][2][3][4] It serves retailers, wholesalers, brand owners, ingredient producers, and major players like Oatly and Naturli Foods by automating Scope 3 emissions tracking, product carbon footprint (PCF) assessments, and supplier collaboration, addressing the food industry's 25% share of global emissions through AI-driven insights and compliant reporting.[1][2][4][5]
The platform solves the information gap in food value chains—where 2 billion people need seamless climate data exchange—by providing granular, audit-ready calculations using scientifically validated models aligned with GHG Protocol and ISO 14067, replacing costly consultants with scalable tools for emissions hotspots identification and reduction strategies.[2][4][5]
CarbonCloud originated as a 2016 spinout from food and climate research at Chalmers University of Technology in Sweden, evolving into a dedicated company by 2019 with headquarters in Gothenburg (Vastra Gotaland).[1][5] Founders David Bryngelsson (CEO, PhD with 8 years of climate mitigation research at Chalmers) and Mikael Tönnberg (CTO, prior e-commerce entrepreneur) combined academic expertise in food-climate impacts with business experience to make climate-smart choices accessible for producers, chefs, and consumers.[5]
Early traction came from partnerships like Chalmers University and customers including Oatly (featured in Forbes), Estrella, and Naturli Foods, validating the platform's ability to deliver superior, cost-effective climate footprint calculations at scale.[5] Maki.vc invested in 2019, recognizing its potential to enable global climate labeling for food portfolios.[5]
CarbonCloud rides the surging demand for Scope 3 emissions transparency amid regulatory pressures like CSRD, EU deforestation rules, and global net-zero mandates, where food production's 25% emissions share demands actionable data.[2][4] Timing aligns with AI advancements in sustainability tech, enabling granular tracking in complex supply chains that traditional methods can't scale, positioning it ahead of competitors like Valified (ESG for SMEs), Net0 (general decarbonization), and Coastal Carbon (niche ocean focus).[1]
It influences the ecosystem by creating a networked infrastructure for climate data exchange, empowering F&B firms to drive supplier reductions, inform consumer labels, and compete on sustainability—fostering a shift from opaque reporting to collaborative, science-driven decarbonization.[2][5][6]
CarbonCloud is poised to dominate food climate tech as regulations tighten and AI refines emissions intelligence, potentially expanding to adjacent sectors like agriculture tech while deepening integrations for consumer-facing labels.[1][4] Trends like real-time supply chain AI and mandatory PCF disclosure will accelerate adoption, evolving its role from calculator to ecosystem orchestrator—ultimately making climate-competitive food procurement standard, as it empowers the industry to slash its massive emissions footprint.[2][5]