Financial institutions are waiting for the SEC and other regulators to pass rules about how to disclose emissions from their portfolio companies. Until then, many are following the standard set by the Partnership for Carbon Accounting Financials (PCAF). Pathzero helps them with a platform to exchange carbon information securely and analyze it. The Sydney, Australia-based startup announced today it has raised $8.6 million AUD (about $5.3 million USD) for its Series A+ round, which brings its total Series A funding to $15.6 million AUD.
The funding was led by Carthona Capital (which is also a customer of Pathzero), with participation from Clyde Bank Holdings, Antler, individual invest...
