CFEX, a San Francisco, CA-based supplier of a cloud-based decarbonization platform, raised an undisclosed quantity in Seed funding.
The spherical was led by Accurant Worldwide.
The corporate intends to make use of the funds to speed up the roll-out of its merchandise to assist enterprises worldwide to realize Web Zero.
Led by CEO Jian Zhang, CFEX companions with enterprises and Carbon-Free Vitality suppliers worldwide to decarbonize their companies. Its Carbon Free Vitality Cloud utility suite helps these organizations observe Scope 2 emissions, plan mitigation methods and operationalize mitigation packages. The corporate delivers turnkey purposes that allow its purchasers to:
- Calculate Scope 2 emissions on a 24×7 hourly foundation with accuracy and auditability
- Develop mitigation methods and simulate their carbon and value impacts
- Operationalize Scope 2 mitigation packages together with administration of vitality knowledge, Vitality Attribute Certificates (EACs), PPA contracts, and billing and settlement processes
- Consider the efficiency and effectiveness of Scope 2 mitigation packages.
FinSMEs
08/02/2023
