What is Squake?
Squake offers an end-to-end solution designed to power accurate carbon calculations and provide tangible compensation for emissions generated across all travel and logistics. The company is positioned to address the growing demand for transparent and actionable environmental impact reporting within the corporate world. Its platform aims to simplify complex carbon accounting, enabling businesses to better manage and mitigate their environmental footprint.
How much funding has Squake raised?
Squake has raised a total of $3.8M across 1 funding round:
Other Financing Round
$3.8M
Other Financing Round (2023): $3.8M with participation from Schenker Ventures, Simon Capital Group, and Rivus Capital
Key Investors in Squake
Schenker Ventures
Schenker Ventures specializes in corporate venture capital and venture building, focusing on empowering startups and entrepreneurs in the logistics sector. They drive innovation through strategic partnerships and expert support, aiming to foster sustainable disruptions in the industry.
Simon Capital Group
Simon Capital Group operates within the Finance industry in the United Kingdom, focusing on investment and financial services.
Rivus Capital
Rivus Capital is a Munich-based private equity investor with a focus on Urban Tech companies, investing its own capital and that of like-minded entrepreneurs to foster sustainable growth and societal value.
What's next for Squake?
The recent major strategic investment signals a new phase of growth and development for Squake. This capital infusion is expected to fuel further innovation in its carbon calculation technology and expand its market reach. The company is likely to focus on enhancing its compensation mechanisms and forging deeper partnerships within the logistics and travel industries to solidify its position as a leader in corporate sustainability solutions. This strategic backing will enable Squake to scale its operations and meet the increasing regulatory and consumer pressure for environmental accountability.
See full Squake company page