WattCarbon, founded in 2021 and headquartered in the United States, is pioneering the decarbonization of the built environment with their innovative platform dubbed as "The System of Record for the Decarbonization of the Built Environment". The company offers a dedicated measurement and verification platform aimed at tracking decarbonization efforts, playing a pivotal role in the energy industry.
Central to their offering is the WattCarbon Energy Attribute Tracking System (WEATS), which distinguishes itself as the premier registry specifically designed for distributed energy resources. This unique positioning underscores their potential impact on the global sustainability landscape.
In their recent funding milestone, WattCarbon secured a $4.50M seed round investment on November 30, 2022. The investment was led by Looking Glass Capital, alongside a consortium of reputable investors including Village Global, True Ventures, and Greensoil PropTech Ventures, among others. This capital infusion is set to propel WattCarbon's growth trajectory by expanding its capabilities to meet the increasing demand for effective decarbonization solutions.