Climatiq, a Berlin-based climate-tech startup, has just raised $11.6 million in fresh Series A funding to tackle one of sustainability’s biggest headaches: Scope 3 emissions. Backed by leading European VCs, Climatiq is betting that its AI-powered carbon data platform can finally bring precision and transparency to the murky world of indirect emissions.
Key Takeaways
- Climatiq secured $11.6 million in a Series A led by Alstin Capital.
- Its AI matches messy procurement data to 190,000+ verified emissions factors.
- The platform focuses on Scope 3 emissions—often 80–90% of a company’s carbon footprint.
- Funding will expand its engineering team and strengthen its emissions database.
- Major clients like Siemens and Celonis already use Climatiq’s plug‑and‑play API.
Climatiq announced this week that it closed an $11.6 million Series A funding round, led by Alstin Capital, with participation from Singular and Cherry Ventures. Despite a global slowdown in climate-tech VC funding, Climatiq successfully convinced investors that its solution could unlock real progress for companies struggling to measure and reduce hidden emissions.
Founded in Berlin, Climatiq aims to make carbon accounting as seamless as possible by embedding automated emissions data directly into everyday business processes.
The Scope 3 Problem
When companies think about their carbon footprint, Scope 1 and Scope 2 emissions—those from owned operations and purchased energy—are relatively easy to measure. The real challenge is Scope 3: all indirect emissions from suppliers, logistics, employee travel, purchased goods and services, and waste.
For many large companies, Scope 3 can make up more than 90% of their total emissions. Yet, reporting is mostly guesswork—based on rough averages and industry factors that rarely reflect real activities. This makes credible sustainability reporting difficult and compliance with regulations like the EU’s CSRD increasingly risky.
How Climatiq’s AI Makes It Simple
Climatiq’s main selling point is its AI-powered data engine that can process huge volumes of messy business data—like invoices, bills of materials, and procurement reports—and automatically match them to the right emissions factors.
Key Features:
- 190,000+ verified emissions factors covering 300+ regions.
- Scientific vetting based on the GHG Protocol, ISO standards, and leading climate research.
- Autopilot AI that reads unstructured text and links it to accurate carbon values.
- Transparent audit trail so companies can see exactly how every CO₂ number was calculated.
This means a procurement manager or CFO can plug Climatiq’s API into their ERP system and get real, traceable carbon data—without months of manual research.
Who’s Using It Already?
Early adopters include enterprise clients like Siemens and Celonis, who integrate Climatiq’s API into their own sustainability workflows. The tool works on a pay-per-request basis, so companies only pay for what they use. This makes Climatiq scalable for both SMEs and large multinationals.
Why This Matters Now
Regulatory pressure is rising. New rules like the EU’s Corporate Sustainability Reporting Directive (CSRD) mean thousands of companies will soon need to disclose full Scope 3 data—or face penalties.
Investors care. Accurate emissions reporting can make or break ESG scores, which affect how much capital flows into a business.
Data builds trust. Consumers and partners are pushing for proof, not promises. AI-enabled carbon accounting brings credibility.
Expert Voice
A recent Systemiq report found that AI could help cut up to 5.4 billion tonnes of CO₂e by 2030 if used to optimize supply chains, logistics, and energy systems. But without trustworthy data, those AI tools are blind. Climatiq aims to be that data backbone.
At the same time, AI’s own carbon footprint is a growing concern. Training big models and running massive data centers generates CO₂ too—around 1% of global emissions by some estimates. The hope is that tools like Climatiq deliver net savings by enabling smarter cuts elsewhere.
Conclusion
As carbon reporting shifts from voluntary to mandatory, solutions like Climatiq’s promise to ease the compliance burden and make climate action credible. By turning dusty invoices into actionable climate data, they could give companies the real numbers they need to cut emissions—and prove it to regulators, investors, and the public.