Alectro secures pre-seed funding from QVentures to expand its carbon tracking platform
The investment round was led by QVentures with backing from international investors to drive expansion and product development.
Alectro provides a virtual sustainability officer platform that enables small and medium enterprises to track, audit, and offset their carbon emissions. The digital service brings climate measurement tools directly to employees to help organisations reach carbon neutrality.
Alectro has secured pre-seed investment from QVentures and a group of international backers. The capital will support the company as it expands its market reach and develops new features for its climate measurement platform.
Founded to help organisations manage their carbon footprint, the business provides tools for emissions profiling and reduction strategies. The fresh funding follows heightened interest in corporate climate targets following the COP26 climate summit.
The company has previously built traction across various sectors, ranging from financial technology start-ups to established institutions.
From the founder
"We’re thrilled that QVentures will be part of the Alectro story, and we’re incredibly excited about working together in partnership to help to create the future of service-based sustainability. We’re a mission-driven organisation, trying to solve one of the world’s greatest challenges, and having QVentures onboard will help us to scale and achieve that faster."
Bertie Ivory-Peters
Co-Founder at Alectro
Investor perspective
"Following the UK government’s call for businesses to do their part in tackling climate change, we’re proud to be supporting a company that is working to positively impact this goal. Alectro will help companies create a more sustainable world for future generations."
Robert Walsh
Managing Partner, QVentures
Use of funds
- 01Expand into international markets
- 02Continue product development