Berlin — goodcarbon secures €5.25 million in funding to bring new high-quality nature-based solutions to market and enable companies to meet their long-term net zero and nature commitments. Ocean 14 Capital leads the round, with participation from Silverstrand Capital, high profile angel investors and existing investors Planet A Ventures, 468 Capital and Greenfield Capital.
Founded in 2021 by Jérôme Cochet (photo left) and David Diallo, goodcarbon offers a platform for companies that want to build and manage trustworthy, long-term portfolios of carbon credits from nature-based solutions. The start-up’s approach involves close collaboration with impact-oriented projects and the cultivation of exclusive goodcarbon original projects.
The EUR 5.25 million investment is aimed at expanding the company’s nature analysis and expertise, strengthening the team and bringing additional high-quality climate protection projects to the market
At the heart of their model is the realization that the following three major challenges of our time are interlinked and require a unified solution: Global warming (“net zero target”), loss of nature (“biodiversity target”) and global inequality (“SDG target”). In the coming years, the start-up aims to become an integral part of the carbon offsetting plans of companies in Germany and beyond.
“This financing round marks a pivotal moment for goodcarbon and our mission to provide companies with access to high-quality nature-based solutions that enable them to implement their emission reduction strategies while protecting our planet,” says Jérôme Cochet (photo left), founder and CEO of goodcarbon. “It is estimated that 10 billion tons of carbon reduction can come from nature by 2030, but we need to close the financing gap for high quality installations. Many companies are reluctant to enter into long-term partnerships with projects due to a lack of availability and transparency on the actual quality of the projects. With the Ocean 14 Capital fund and Silverstrand Capital on board, we are strengthening our global network and expertise in nature-based solutions and have experienced new partners on our side to expand our Good Carbon Originals projects.”
Nature-based solutions are projects that aim to protect, sustainably manage and restore natural and altered ecosystems, effectively addressing social challenges while benefiting people and nature (IUCN). These projects have long-term, ecologically and economically sustainable effects for nature, local communities and investors alike. Supporting early-stage nature-based solutions means initiating high-impact, high-integrity projects that are scalable, drive innovation, and restore and sustain ecosystems. Nature-based solutions are indeed the most effective tool in the fight against climate change, biodiversity loss and social inequality.
“We are delighted to support goodcarbon and its mission to provide companies with access to nature-based solutions,” says George Duffield of Ocean 14 Capital. “We are particularly impressed by their science-based approach to quality and the alignment between product and market. The fact that they are already working with leading companies such as Deutsche Telekom, Bertelsmann and Melitta clearly demonstrates their potential to lead and make a difference in this space. We look forward to helping goodcarbon enable more companies to confidently deliver on their net zero and nature promises.”
https://www.goodcarbon.earth