Read the Pitch Deck This Climate Tech Company Used to Raise $4M

Climate technology firm 51toCarbonZero has raised $4 million in a funding round led by venture capital firm Fuel Ventures.

51toCarbonZero is a carbon-management platform that specializes in media, marketing, and advertising. The firm helps companies measure and reduce climate-warming emissions while maintaining business outcomes.

Adtech firms Innovid, Magnite, PubMatic, Mediavine, and agency Dept have all worked with 51toCarbonZero to reduce their emissions. The platform also has a partnership with ad industry group the American Association of Advertising Agencies (4A’s) to help support the association’s members’ efforts to measure their carbon footprints.

While some efforts to demand companies reduce their carbon emissions have stalled due to the political environment in the U.S., regulations in the EU will require companies operating within Europe to disclose emissions starting as early as 2028. The rules were initially set to go into effect in 2026, but the EU Parliament voted in early April for a two-year delay to give companies more time to adapt.

With the influx of cash, which also includes funding from angel investors, 51toCarbonZero plans to expand its footprint across the U.K., Europe, and the U.S. It will also invest in artificial intelligence to improve clients’ experience on its platform.

“We’re poised to extend our reach and enhance our platform’s capabilities, particularly through AI integration,” Neil Woodcock, cofounder and executive chairman of 51toCarbonZero, said in a statement.

The company’s mission is to simplify the path to net zero, he continued, in order to reduce global emissions by 500 million metric tons of CO2 equivalent emissions.

“Our continued investment in 51toCarbonZero underscores our confidence in their mission and the impressive progress they’ve made since our previous investment,” Mark Pearson, founder of Fuel Ventures, said in a statement. He added that the platform “not only addresses the urgent need for emissions management but also empowers companies to take actionable steps towards sustainability. We’re excited to support their expansion into new markets and industries.”

Check out the pitch deck below.