CarbonQuota is delighted to announce a £2 million Series A investment round led by Codex Capital Partners. Alongside this investment, we also welcomed significant financial contributions from our Chairman, Guy Strafford, and recently appointed CEO, John Edmunds.
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, as it reinforces our 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 in supply chain management and clilmate tech solutions, 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 has been developing cutting-edge carbon management solutions to 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 our mission to revolutionise the Carbon Management landscape, driving impactful change across industries.
