£120K
The pre-seed investment from Carbon13 will support Eslando in expanding its textile recycling technology.
"This investment from Carbon13 is a tremendous validation of Eslando’s potential to revolutionise the fashion industry,"
C
Carbon13
AcceleratorCarbon13 runs a venture launchpad that accelerates early stage founders working on solutions to the climate emergency and Net Zero targets.
Portfolio
2
companies
Portfolio companies
E
Eslando
Eslando develops artificial intelligence sorting technology to accelerate textile recycling and reduce waste.
Kita
Kita provides carbon insurance products to reduce risk in carbon credit transactions.
Recent investments
£4.0M
Octopus Ventures led the oversubscribed seed round alongside participants including Insurtech Gateway and Chaucer Group.
"Carbon removal plays a critical role in the fight against climate change and there is a pressing need to scale these technologies at an unprecedented size and pace. Insurance is essential to enable this rate of growth by de-risking investments into carbon removal solutions and building in incentives that increase the supply of high-quality carbon credits in the market. We are thrilled to have the opportunity to work with Kita in bringing 'first of its kind' carbon insurance solutions to market to help unlock billions of dollars of investment into the space, increase transparency in the Voluntary Carbon Market, and fight the climate crisis."
Octopus Ventures + 5 others
