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§ Private Profile · London, United Kingdom
SaaS carbon accounting platform automating operational & supply chain emissions for large enterprises using machine learning, focused on scope 3.
Based in London, the United Kingdom, Emitwise provides a SaaS carbon accounting platform that utilizes machine learning to automate the measurement and management of operational and supply chain emissions. The company primarily serves large multinational enterprises, particularly within the manufacturing sector, helping them navigate environmental and sustainability regulations by tracking complex scope 3 emissions. Operating on a subscription model, the firm recently expanded its offerings with the launch of Procurewise, a dedicated tool for supply chain emissions management. Emitwise operates with a workforce of over 30 employees and has raised more than $17 million in total funding, including a $10 million Series A round. The company's financial backers include venture capital firms Xplorer Capital and ArcTern Ventures, as well as former Uber executive Ryan Graves. Emitwise was founded in 2019 by Mauro Cozzi, Ben Peddie, and Eduardo Gómez.
Emitwise has raised $19.6M across 4 funding rounds.
Emitwise has raised $19.6M in total across 4 funding rounds.
Emitwise has raised $19.6M across 4 funding rounds. Most recently, it raised $10.0M Series A in March 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 31, 2022 | $10M Series A | Nathan Feltz | ArcTern Ventures, Outsized Ventures, True Ventures | Announced |
| May 24, 2021 | $3.2M Seed Plus | Marc Faucher | Magnus Rausing, Peter Harrison, Lightbird Ventures, Ryan Graves, Social Impact Capital, True Ventures | Announced |
| Nov 19, 2020 | $3.4M Venture Round | Ryan Graves | — | Announced |
| Aug 1, 2020 | $3M Seed | — | 50 Partners, CapitalX, Eunoia Capital Partners, Eurazeo, Expa, Pareto Holdings, Pebblebed, Stride VC, Alexis LE Quoc, Eric Nadalin, Jean Sébastien Wallez, Louis Beryl, ArcTern Ventures | Announced |
Emitwise is a technology company that builds an AI-driven carbon management platform designed to help businesses with complex supply chains accurately measure, report, and reduce their carbon emissions, particularly focusing on Scope 3 emissions across operations and suppliers. Its platform serves procurement and sustainability teams in large enterprises, enabling them to gain visibility into their supply chains, engage suppliers, and make data-driven decisions to meet net-zero targets. Emitwise’s solution addresses the challenge of managing carbon footprints in complex supply chains by automating data collection and providing financial-grade emissions accounting, thereby accelerating climate action and regulatory compliance[1][4][6].
Founded in 2019 and headquartered in London, Emitwise was created to solve the problem that companies could not effectively manage or reduce carbon emissions they could not measure. The founders, with backgrounds in carbon accounting and technology, developed the platform to simplify and automate carbon measurement and reporting, especially for Scope 3 emissions, which are notoriously difficult to track. Early traction came from partnerships with global businesses and climate initiatives, positioning Emitwise as a trusted partner for supply chain decarbonization. The company’s evolution culminated in its acquisition by Green Project Technologies (an ACT Group company) in 2025, marking a strategic step to expand its climate innovation capabilities[1][2][4][5].
Emitwise rides the growing global trend of corporate sustainability and regulatory pressure to reduce carbon emissions, especially Scope 3, which accounts for the majority of many companies’ footprints but has been difficult to measure and manage. The timing is critical as governments and investors increasingly demand transparent, auditable emissions data and companies seek to future-proof their operations against climate risks. Emitwise’s technology addresses these market forces by providing scalable, automated solutions that integrate carbon accounting into procurement and supply chain management workflows. Its acquisition by Green Project Technologies signals a consolidation trend in climate tech, aiming to offer end-to-end decarbonization solutions for businesses at all levels of climate maturity[1][2][4][6].
Emitwise is poised to deepen its impact on corporate decarbonization by leveraging its AI-driven platform and expanded capabilities under Green Project Technologies. Future trends shaping its journey include increasing regulatory demands for Scope 3 transparency, growing corporate net-zero commitments, and the integration of carbon data into financial and procurement decision-making. As climate action accelerates globally, Emitwise’s influence is likely to grow by enabling more companies and suppliers to participate in emissions reduction, linking sustainability with profitability and resilience. The company’s continued innovation in automation and supplier engagement will be key to scaling impact and simplifying complex carbon management challenges[2][5][6].
Emitwise has raised $19.6M in total across 4 funding rounds.
Emitwise's investors include Nathan Feltz, ArcTern Ventures, Outsized Ventures, True Ventures, Marc Faucher, Magnus Rausing, Peter Harrison, Lightbird Ventures, Ryan Graves, Social Impact Capital, 50 Partners, CapitalX.