Greenspark, a London, UK-based climate-tech startup that provides an Impact-as-a-Service platform, has raised £1 million in seed funding
The round was led by London-based Fuel Ventures, with participation from Pitchdrive, 1818 Venture Capital, Zone2Boost, Great Stuff Ventures, QC-Ventures, and Boost Fund.
The funds will be used to scale the platform focused on helping companies integrate environmental impact throughout their operations.
“At Greenspark, we’re on a mission to tackle some of the greatest issues facing our planet, like climate change, deforestation, and plastic pollution. We believe that collectively we have the power to address these major threats head-on. We’re bringing a new approach to tackling world issues through tools that are not simply altruistic but make business sense,” said Lenny Leemann, co-Founder and CEO. “By proving the economic value of sustainability, we truly believe we can make a huge difference in the world.”
Greenspark‘s Impact-as-a-Service platform allows online businesses to take action on environmental and social issues globally by providing planet-positive online tools.
To date, the UK company has facilitated the planting of over 800,000 trees and prevented over 1.3 million plastic bottles from entering the ocean.
Company: Conscious Ventures Ltd
Raised: £1.0M
Round: Seed Round
Funding Month: February 2023
Lead Investors: Fuel Ventures
Additional Investors: Pitchdrive, 1818 Venture Capital, Zone2Boost, Great Stuff Ventures, QC-Ventures, and Boost Fund
Company Website: https://www.getgreenspark.com/
Software Category: Impact-as-a-Service platform
About the Company: Founded by Lenny Leemann and Matt Williams, Greenspark’s Impact-as-a-Service Platform allows companies to create positive impact at key business touchpoints, track it in an easily digestible way, and then communicate it effectively with their customer base, site visitors, and key stakeholders. Through integrations, businesses can create tangible and engaging climate action, such as planting trees, preventing ocean-bound plastic, and offsetting carbon emissions on behalf of their audience. The platform also focuses on lifting key business objectives like customer engagement, product sales, order value, and loyalty for their clients. Over 300 companies use their tool as part of their sustainability strategy.
Source: https://techfundingnews.com/london-startup-gets-1m-to-assist-online-businesses-achieve-environmental-and-social-goals/