What is Chooose?
Headquartered in Oslo, Norway, CHOOOSE directly addresses the critical issue of climate change by tackling industrial emissions. The platform democratizes climate action by enabling individuals to contribute to carbon reduction efforts through a subscription service. By buying and retiring carbon credits, CHOOOSE ensures tangible CO2 removal and channels financial support to vital clean energy initiatives in regions that need them most. This approach positions CHOOOSE as a key player in the burgeoning climate tech and carbon offsetting market, offering a transparent and impactful way for consumers to participate in environmental solutions.
How much funding has Chooose raised?
Chooose has raised a total of $19M across 2 funding rounds:
Angel/Seed
$4M
Other Financing Round
$15M
Angel/Seed (2019): $4M, investors not publicly disclosed
Other Financing Round (2023): $15M led by Sound Ventures and Temasek
Key Investors in Chooose
Sound Ventures
Sound Ventures is a venture capital firm that invests early in visionary founders, providing hands-on support as they scale innovative products and infrastructure. With over 15 years of experience, the firm specializes in identifying industry shifts and backing companies that are achieving product-market fit.
Temasek
Temasek is an investment company headquartered in Singapore. It is a significant global investor with a diverse portfolio, often focusing on long-term value creation and sustainable investments.
What's next for Chooose?
The recent major strategic investment signifies a pivotal moment for Chooose, indicating strong market confidence and providing the necessary capital for accelerated growth and scaling of its operations. This influx of financing is expected to enable Chooose to expand its reach, enhance its platform capabilities, and potentially forge new partnerships within the climate action ecosystem. The company's focus on verifiable carbon credit purchases and support for developing world clean energy projects aligns with increasing global demand for credible sustainability solutions, positioning Chooose for significant future expansion and impact.
See full Chooose company page
