BetaCarbon- Australian Carbon Token logo — Australia’s climate currency

BetaCarbon- Australian Carbon Token

Australia’s climate currency

Founded 2021 Australia Australia 10 employees Seed Total: $4.15M Crypto, Financial Services +1

General Information

Company Name BetaCarbon- Australian Carbon Token
Founded Year 2021
Location Australia Australia
Employees 10
Industries Crypto, Financial Services, Information Technology
Funding Stage Seed
Social

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About BetaCarbon- Australian Carbon Token

BetaCarbon is an Australian startup that has developed the Australian Carbon Token (BCAU), positioning itself as the "Australia's Currency of Climate." The BCAU is a digital asset that provides users with the opportunity to engage with the price of the Australian Carbon market, enabling them to both spend and automatically offset emissions through the Clima Carbon Index at NO ADDITIONAL COST. Listed on Australia's Largest DCE, Coinspot, which boasts over 2.5 million registered users, the token is notionally backed by Australian Carbon Credit Units (ACCU) held in the Australian National Register of Emissions Units. For every ACCU, representing a Tonne of Carbon Avoided or Removed, Australian Carbon Token issues 1000 BCAU tokens. Users are empowered by the token to influence the price of ACCUs, hold assets in their wallets, trade BCAU, spend at any POS that accepts MasterCard, and automatically offset spending at no cost by utilizing the Coinspot Mastercard, which employs the Clima Carbon Index on KG of emissions per $100 spent. The startup secured a notable $3.00M Seed Round investment on 06 January 2022, with contributions from Tribeca Investment Partners and Twynam Agricultural Group. Operating at the intersection of Financial Services and Information Technology, BetaCarbon is headquartered in Australia, having been founded in 2021.

Taxonomy: digital asset, tokenization, carbon market, climate policy, Australian Carbon Credit Units, emissions offset, mastercard integration, crypto trading, blockchain technology, financial inclusion, fintech innovation

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $3.00M 2
Tribeca Investment Partners, Twynam Agricultural Group
06 Jan 2022
Pre Seed Round $1.15M -
08 Nov 2021

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FAQ About BetaCarbon- Australian Carbon Token

Australia’s climate currency
BetaCarbon- Australian Carbon Token was founded in 2021.
BetaCarbon- Australian Carbon Token is headquartered in Australia.
BetaCarbon- Australian Carbon Token operates in Crypto, Financial Services and Information Technology. Its work centres on digital asset, tokenization, carbon market and climate policy.
BetaCarbon- Australian Carbon Token has approximately 10 employees.
BetaCarbon- Australian Carbon Token has completed 2 funding rounds, raising a total of $4.15M. The latest funding stage is Seed.
Top alternatives and competitors to BetaCarbon- Australian Carbon Token include INX, SMART VALOR, BETCONIX - Cryptocurrency Exchange, Quidax, Koibanx. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
BetaCarbon- Australian Carbon Token and INX are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for BetaCarbon- Australian Carbon Token, https://bouncewatch.com/company/betacarbon, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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