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Coral Climate, a Blockchain and AI climate technology company, raises $3M in a Pre-seed funding round

Writer's picture: TinaTina

Blockchain and AI climate technology company

September 23, 2024


Coral, a climate tech startup based in the UAE, has successfully closed its seed round, raising $3 million. The funding was led by experienced tech investors with a combined 40 years in the industry. Daniele Sileri, Coral’s Director of Product and Strategy expressed excitement about the completion of the seed round and appreciation for the investors' support.

Project

Latest Raise

Latest Raise Date

Stage

Category

Coral Climate

$3M

September 23, 2024

Pre-Seed

Energy

This investment will help Coral scale its platform, grow its team, and advance its goal of making carbon neutrality more accessible and transparent for businesses globally.


About Coral

Coral is a UAE-based climate tech company that simplifies carbon accounting, reporting, and offsetting. Their platform helps businesses measure, manage, and reduce their carbon footprint using AI-driven tools for emissions tracking and transparent reporting. Coral offers solutions for both enterprises and consumers, making it easier to achieve carbon neutrality and comply with regulatory requirements.


 

About Investor

Undisclosed

 

 

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