Carbonfact Revolutionizes Fashion Industry with $15M Series A Funding

Carbonfact, a YCombinator alumnus, secures a $15M Series A round to tackle emissions monitoring in the fashion industry. With complex supply chains and increasing reporting requirements, Carbonfact's automated carbon management software helps fashion companies measure, reduce, and disclose their products' emissions in line with regulations like the EU's Corporate Sustainability Reporting Directive (CSRD). By analyzing over 100 data points per garment and using machine learning to fill in missing details, Carbonfact empowers brands to identify emission-intensive processes, create reduction plans, and generate accurate reports for carbon disclosure. Led by European VC Alven and global VC firm Headline, this funding round reaffirms Carbonfact's leadership in product-centric Carbon Management Platforms. With the fashion industry emitting high levels of emissions globally, Carbonfact's innovative solution is poised to drive real sustainability efforts and access valuable incentives for its customers.