Greenspark raises £1m in a seed round led by Fuel Ventures to scale its climate tech platform.
Fuel Ventures led the seed financing for the London-based climate tech start-up, with participation from several new and existing backers.
Greenspark provides climate tech tools that allow online businesses to embed environmental initiatives into their operations. The platform connects commercial touchpoints with initiatives such as tree planting and carbon offsetting.
Greenspark has secured £1m in a seed funding round led by Fuel Ventures. The capital will support the expansion of the climate tech start up, which offers an impact platform for online enterprises. Additional participation came from Pitchdrive, 1818 Venture Capital, Zone2Boost, Great Stuff Ventures, QC Ventures, and Boost Fund, alongside existing backers Anthemis, BBVA, and Perivoli Innovations. The company provides direct integrations with e-commerce and payment systems to automate environmental actions such as carbon offsetting and reforestation.
From the founder
"At Greenspark, we’re on a mission to tackle some of the greatest issues facing our planet right now, like climate change, deforestation and plastic pollution. We believe that collectively we have the power to address these major threats head-on. We’re bringing a whole new approach to tackling world issues through tools that are not simply altruistic but make business sense,"
Lenny Leemann
co-Founder and CEO at Greenspark
Investor perspective
"Greenspark is the latest impact-driven business to the Fuel Ventures portfolio, and we couldn’t be more excited to be backing experienced founders Lenny and Matt in executing their vision to enable positive climate action with every transaction."
Mike Stevenson
Principal, Fuel Ventures
Investors
Mike Stevenson
Fuel Ventures
Wim Derkinderen
Pitchdrive
1818 Venture Capital
Zone2Boost
Great Stuff Ventures
QC Ventures
Boost Fund
Categories
About the company
Greenspark
Greenspark provides digital tools that enable businesses to integrate environmental impact into their daily operations.