Opna secures $6.5m in seed funding led by Atomico to scale its carbon project platform.
The London-headquartered climate fintech company raised the capital to expand its team, enhance its risk engine, and grow its carbon project offerings.
≈ £5.2M at $1 = £0.7956 on 5 Sep 2023
Opna operates a climate fintech platform designed to help businesses discover, finance, and monitor high-quality carbon projects.
Climate fintech startup Opna has raised $6.5m in a seed round led by Atomico. The financing includes participation from existing investors Pale Blue Dot, MCJ Collective, Angelinvest, and Tiny VC, alongside several prominent angel investors.
The capital will be deployed to expand the company team, enhance its proprietary risk engine, and increase awareness of its financing platform. Funds will also support the expansion of carbon project availability and the development of new financing and insurance services.
Established in 2022, Opna provides a digital infrastructure that allows businesses to connect with vetted project developers, streamline carbon credit sourcing, and monitor financed initiatives through regular risk reporting and KPI tracking.
From the founder
"To achieve their net zero commitments, an increasing number of corporates are seizing control by directly financing the carbon projects underlying the carbon credits,"
Shilpika Gautam
Founder at Opna
Investor perspective
"Producing meaningful climate solutions at the scale and speed we need to combat climate change is a monumental challenge"
Terese Hougaard
Partner, Atomico
Use of funds
- 01Grow the team
- 02Continue product development
- 03Fund research and development
- 04Invest in sales and marketing