HomeBlockchainNet Zero Company raises $5.5M in Seed funding for blockchain-powered carbon removal...

Net Zero Company raises $5.5M in Seed funding for blockchain-powered carbon removal token

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Stockholm Carbon Removal Company Net Zero Company Secures $5.5 Million Seed Round

Stockholm-based carbon removal company, Net Zero Company, made headlines today with the announcement of the completion of a $5.5 million Seed round. Founded in 2022, the company is led by CEO HaĚŠkan Nordkvist, a sustainability expert with a background at IKEA Group and advisory roles at prestigious institutions like the University of Cambridge accelerators.

Net Zero Company’s innovative Carbon Removal Token (CRT) is set to revolutionize the market for verified carbon credits, addressing the projected need for billions of tonnes of carbon removals by 2030. The CRT offers security, transparency, and traceability through blockchain technology, making it accessible to anyone looking to take climate action.

Partnering with tech giants like Microsoft and Metaco/Ripple, Net Zero Company is on a mission to democratize access to carbon removals and provide nature-based solutions to combat escalating emissions and rising temperatures. Lead investors in the Seed round include Oilinvest, VARO Energy, and SilviCarbon, signaling strong support for the company’s vision.

The funding will fuel global expansion and the launch of a new product suite, including the Carbon Removal Token, a real-world, asset-backed token. With the urgency of climate change looming large, Net Zero Company’s innovative approach to carbon removal solutions is poised to make a significant impact in the fight against environmental degradation.

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