Isometric Grows Series A to €43 Million to Expand Beyond Carbon Removal
The London-based industrial certifier added around €8.6 million to its Series A, bringing total funding to €64 million as it moves past carbon removal.
AfroEuropa Newsroom
AfroEuropa desk
Isometric, a London-based certifier for the industrial economy, said its Series A has reached €43 million ($50 million), according to EU-Startups. The publication reported that the latest tranche is worth roughly €8.6 million ($10 million), following a previous Series A round valued at €34 million ($40 million) in June. With its earlier funding, the company's combined Seed and Series A total now stands at €64 million ($75 million).
The round brings in a group of new backers alongside existing investors. These include Intercontinental Exchange, Inc. (ICE), Acario Innovation (the corporate venture arm of Tokyo Gas), BY Venture Partners, Dubai Future District Fund, Earth VC, Motion Ventures, One Capital, Plug and Play, Verb Ventures, and Legora founder Max Junestrand.
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