What is Trace?
Trace operates as a digital platform designed to assist climate-conscious individuals and businesses in measuring, reducing, and offsetting their carbon footprint. Through intuitive and engaging digital tools, the company provides users with the means to track their environmental impact over time. Trace's core mission is to dismantle the barriers to achieving carbon neutrality, making the process effective, accessible, and ultimately rewarding for its users.
How much funding has Trace raised?
Trace has raised a total of $1.9M across 1 funding round:
Other Financing Round
$1.9M
Other Financing Round (2022): $1.9M with participation from 5 Pillars Capital, Antler VC, Epoch Capital, Existential Capital, and The Fund
Key Investors in Trace
Epoch Capital
Epoch Capital is a proprietary trading firm founded in Sydney in 2007, focused on transforming discretionary trading decisions into systematic trades. The company is committed to producing successful trades through a combination of complex research and technology-driven strategies, employing a world-class team across Sydney, New York, and London.
5 Pillars Capital
5 Pillars Capital is an investor participating in the funding round, likely focusing on strategic growth opportunities within the climate tech sector.
Antler VC
Antler VC is a global venture capital firm that invests in early-stage technology companies, suggesting a focus on Trace's innovative approach to carbon management.
What's next for Trace?
With the recent influx of major strategic investment, Trace is well-positioned to scale its operations and enhance its digital offerings. The company's focus on simplifying carbon footprint management and incentivizing climate action suggests a strategic expansion into new markets or the development of advanced features. This backing will likely fuel further innovation in their tools for measuring, reducing, and offsetting carbon emissions, solidifying Trace's role as a key player in the growing climate tech industry.
See full Trace company page
