Total amount raised
£19.2 Millions
Latest funding date
06/01/2024
Location
Climate X has successfully raised $18 million in a funding round led by GV (Google Ventures). The company offers two main products, Spectra and Adapt, which provide comprehensive climate risk and resilience data and analytics.
Keep reading to explore the intricacies of Climate X's fundraising journey and the investors backing this innovative platform.
What Is Climate X?
Climate X specializes in providing advanced climate risk data and analytics. Their solutions are trusted by leading global financial institutions to turn climate risk into revenue opportunities.
Operating in the climate risk data and analytics industry, Climate X serves sectors like banking, real estate, and insurance. The company has offices in the United Kingdom and the United States.
Climate X's products, Spectra and Adapt, offer comprehensive tools for assessing climate risks and identifying adaptation investment opportunities. The company is recognized for its authoritative data and innovative solutions, which are aligned with global standards and regulations.
How Much Funding Has Climate X Raised?
- Pre-Seed Round
- Amount Raised: $1.5M
- Date: July 2021
- Lead Investors: Pale blue dot
- Seed Round
- Amount Raised: $5.6M
- Date: March 2022
- Lead Investors: CommerzVentures, noa
- Series A
- Amount Raised: $18M
- Date: June 2024
- Lead Investors: Google Ventures
Climate X has raised a total of $25.1M in funding.
Key Investors
- Google Ventures
- Details: Google Ventures, also known as GV, is the venture capital arm of Alphabet Inc. They invest in startups across various stages and sectors.
- Investment Focus Areas: Technology, healthcare, consumer products, artificial intelligence
- Notable Investments: Uber, Slack, Medium
- CommerzVentures
- Details: CommerzVentures is the corporate venture capital arm of Commerzbank, focusing on fintech and insurtech startups. They aim to support innovative companies that can transform financial services.
- Investment Focus Areas: Fintech, insurtech, regtech
- Notable Investments: Mambu, eToro, Marqeta
- noa
- Details: noa is a venture capital firm that invests in early-stage technology companies. They focus on startups that have the potential to disrupt traditional industries.
- Investment Focus Areas: Technology, digital health, sustainability
- Notable Investments: Not publicly disclosed
- Pale blue dot
- Details: Pale blue dot is a venture capital firm that invests in climate tech startups. They aim to support companies that can have a significant positive impact on the environment.
- Investment Focus Areas: Climate tech, renewable energy, sustainable agriculture
- Notable Investments: Not publicly disclosed
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