Senken, founded in 2022 and headquartered in Germany, operates at the intersection of the Blockchain and Financial Services industries. Their mission, captured in the slogan "Helping companies neutralise emissions with carbon credits that actually work," is targeted at addressing the significant issue of ineffective carbon credits in the market.
The company differentiates itself with a proprietary 600+ data point AI Quality Framework. This advanced system is designed to ensure that only the highest-quality carbon credits are incorporated into client portfolios. Senken underscores their commitment to integrity and transparency, aiming to help businesses achieve net-zero emissions goals without falling into the trap of greenwashing.
In terms of financial backing, Senken secured a $7.50M Venture Round investment on 26 January 2023, supported by notable investors such as Obvious Ventures, Climate Capital, Offline Ventures, Inflection.xyz, Kraken Ventures, and Four Acres Capital.