CarbonQuota, a forefront leader in carbon management solutions, is thrilled to announce a £2 million Series A investment round led by Codex Capital Partners. Alongside this investment, CarbonQuota also welcomes significant financial contributions from Chairman Guy Strafford and newly appointed CEO John Edmunds, providing a robust foundation for the company's ambitious growth trajectory.
With over 500,000 carbon footprints calculated to date, covering over 8 million tonnes of CO2e, this Series A funding signifies a pivotal moment for CarbonQuota, reinforcing its position as an industry frontrunner in the rapidly evolving carbon management landscape. It follows a seed round in December 2022, also lead by Codex. Codex Capital Partners’ strategic investment underscores their confidence in CarbonQuota’s innovative solutions, and their focus on automating the decarbonisation of Indirect procurement spend, in key categories such as print, packaging, digital media, and logistics.
Jamie Lawson-Brown, Managing Partner at Codex Capital Partners, remarked, “We are incredibly excited to lead this Series A investment in CarbonQuota. Their approach to carbon management solutions, particularly in automating decarbonisation solutions for sustainability and procurement professionals, aligns seamlessly with our investment thesis focused on sustainable innovation. We are excited to increase our investment in the business, continuing to work alongside Guy, John and the wider team to build both a valuable business and one with a positive impact.”
Guy Strafford, CarbonQuota’s Chairman, commented, “This investment demonstrates our commitment to pioneering sustainable solutions. I am delighted to help support CarbonQuota’s growth alongside Codex Capital Partners and our newly onboarded CEO, John Edmunds, highlighting the strong level of commitment to the business and growth from the senior team.”
John Edmunds, who joined the business in October having run a sequence of digital businesses including most recently Carbon Intelligence, added, “The Series A funding and the significant investments from Guy Strafford and Codex Capital Partners mark an exhilarating next chapter for CarbonQuota. With this robust financial backing, we are poised to accelerate our product development roadmap and deliver unparalleled value to our corporate clients as well as SMEs.”
CarbonQuota’s cutting-edge carbon management solutions empower businesses of all sizes to navigate the complexities of carbon emissions, with a specific emphasis on automating and integrating decarbonisation solutions across entire value chains. This latest investment round will further fuel CarbonQuota’s mission to revolutionise the Carbon Management landscape, driving impactful change across industries.
