What is PathZero?
PathZero is a technology firm dedicated to assisting corporations and financial institutions in the critical task of measuring, managing, and disclosing emissions stemming from their investment portfolios. In an era where environmental, social, and governance (ESG) factors are paramount, PathZero provides essential tools and insights for accurate carbon accounting and transparent reporting. The company's focus on portfolio-level emissions addresses a key challenge for the financial sector in its transition towards sustainable practices.
How much funding has PathZero raised?
PathZero has raised a total of $11.7M across 3 funding rounds:
Angel/Seed
$1M
Unspecified
$5M
Series A
$5.7M
Angel/Seed (2020): $1M with participation from Antler, Simon Sheikh, and Black Nova Group
Unspecified (2021): $5M led by Phil Vernon, Carthona Capital, Antler Australia, and Paul Rayson
Series A (2022): $5.7M supported by Carthona Capital, Antler, and Clyde Bank Holdings
Key Investors in PathZero
Carthona Capital
Carthona Capital is a venture capital firm based in Sydney, Australia, that invests globally in early-stage startups, typically at the Pre-Seed, Seed, or Series A stages. They take a hands-on approach, actively supporting portfolio companies through multiple financing rounds.
Antler
Antler is a global venture capital firm that partners with exceptional founders across six continents to launch and scale startups. They invest in early-stage companies and provide support for growth and development.
Clyde Bank Holdings
An entity involved in the company's funding rounds, likely providing strategic or financial backing.
What's next for PathZero?
With its recent major strategic investment, PathZero is poised for significant expansion and innovation. The company is likely to leverage this new financing to enhance its platform capabilities, broaden its market reach, and deepen its partnerships within the financial and corporate sectors. This strategic backing signals strong confidence in PathZero's business model and its potential to become a leader in the rapidly growing field of climate tech and sustainable finance. Future developments may include expanded data analytics, new disclosure frameworks, and enhanced tools for emissions reduction strategies.
See full PathZero company page
