ClimateTrade is a technology company.
ClimateTrade has raised $8.0M across 1 funding round.
ClimateTrade has raised $8.0M in total across 1 funding round.
ClimateTrade has raised $8.0M in total across 1 funding round.
ClimateTrade's investors include Amasia, Ampli Ventures, General Catalyst, Indeed.com, Inventure, Mendoza Ventures, Menlo Ventures, Recall Capital, Jeff Seibert, Wayne Chang.
ClimateTrade is a blockchain-powered climate marketplace that enables companies to offset carbon emissions transparently by purchasing certified carbon credits, renewable energy certificates, and biodiversity offsets from over 180 projects across 35+ countries.[1][2][3][4] It serves large enterprises like Telefónica, Banco Santander, Iberia, Cabify, and Melià Hotels, solving the inefficiencies of traditional carbon markets—such as high transaction costs (reduced by 30-40%), long sales times (from 2-3 months to 5 minutes), and intermediaries—through its SaaS platform ClimatetradeGO and API integrations that allow real-time offsetting during customer purchases.[1][3][4] The company has demonstrated strong growth, offsetting nearly 2 million metric tons of CO2 in 2021 alone, raising €7 million in funding (including from Amasia, Wayra, Borderless Capital, ClearSky, and Zubi Capital), and planning a €13 million round while expanding into Europe, Asia, and the US.[2][4]
Founded in 2018 in Valencia, Spain (with operations now in Spain, Portugal, the US, and a base in Miami, Florida), ClimateTrade was started by Francisco Benedito Valentin, a law graduate and MBA holder who launched his first company at age 16 and spent 15 years in banking.[2][3][4] The idea emerged from identifying flaws in the opaque, intermediary-heavy traditional carbon bond market, where companies faced high costs and delays after calculating their emissions footprint; Benedito's team pioneered blockchain to create a direct "eBay or Wallapop" style marketplace for offsets, ensuring funds go straight to projects and credits are verifiably retired.[1][3] Early traction came from partnerships with major Spanish firms like Iberia and Telefónica, leveraging Algorand blockchain for scalability, low fees, and transparency, alongside a €1 million seed round backed by Borderless Capital to fuel US expansion.[2][3]
ClimateTrade rides the climate tech and blockchain convergence wave, capitalizing on surging corporate net-zero mandates and tokenization trends like KlimaDAO amid rising ESG pressures.[4] Its timing aligns with global regulatory pushes (e.g., EU carbon border taxes) and blockchain's maturation for scalability via networks like Algorand, enabling mass-market decarbonization where traditional markets fail.[3] Market forces favoring it include exploding demand for verified offsets (projected multi-trillion carbon market) and investor appetite for impact tech, as seen in its funding and client roster of Fortune 500 firms.[1][2][4] By democratizing access and proving real-world scale (150+ projects, millions of tons offset), it influences the ecosystem by accelerating blockchain adoption in sustainability, inspiring similar platforms, and bridging Web3 with enterprise climate action.[3][4]
ClimateTrade is poised for explosive growth through its €13 million raise, geographic expansion (US, Europe, Asia), and API-driven product innovations that embed offsetting into e-commerce and services.[4] Trends like AI-enhanced emissions tracking, tokenized real-world assets, and mandatory Scope 3 reporting will amplify its marketplace, potentially scaling to billions in offset volume as corporates race to 2030 net-zero goals. Its influence may evolve from Spanish pioneer to global standard-setter, powering decentralized climate finance—transforming how businesses fight emissions, one transparent transaction at a time, much like its "eBay of carbon" roots redefined accessibility.[1]
ClimateTrade has raised $8.0M across 1 funding round. Most recently, it raised $8.0M Seed in January 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2022 | $8.0M Seed | Amasia, Ampli Ventures, General Catalyst, Indeed.com, Inventure, Mendoza Ventures, Menlo Ventures, Recall Capital, Jeff Seibert, Wayne Chang |