Carbon Maps is a entrant that is relatively new the carbon accounting space as it is less than one year old. But the company that is french currently guaranteed $7.6 million in financing (€7 million) after the startup’s €3 million seed circular expansion.

I already covered Carbon Maps back February, you to read this previous article to get the full story so I encourage. But I wanted to share an update as the company managed to convince* that is( to be involved in the seed round. Carbon Maps had currently raised €4 million ($4.3 million at today’s trade rate) from Breega and Samaipata.

As a reminder, Carbon Maps is creating a software-as-a-service platform dedicated to the impact that is environmental of food industry. Unlike other carbon accounting startups, Carbon Maps focuses on one industry in particular and helps companies calculate their footprint that is environmental at product-level.

“The initial step in increasing our effect on environmental surroundings is always to determine and monitor it precisely. We have been believing that just a player that is pure Carbon Maps has the capacity to do this at a sufficiently granular level to enable monitoring and improvement over time,” Daphni partner Stanislas Lot said in a statement.

For instance, a company chicken that is selling might make a life period evaluation of the chicken tits making use of Carbon Maps by firmly taking under consideration many requirements, like the power needed, materials (grains), packaging, transport, waste, etc.

Carbon Maps uses the newest guidelines from standard resources like GHG Protocol, IPCC, ISO 14040 and 14044. It requires into reports carbon emissions beneath the scopes 1, 2 and 3, which means that it is possible to incorporate carbon that is indirect from suppliers and clients.

From there, clients can use the platform to get* that is( and determine goals to lessen environmentally friendly influence with time. it is additionally a way that is good compare several suppliers and optimize the supply chain based on each supplier’s carbon impact.

“We don’t want to create the ratings. We want to create the tools that help with calculations — a sort of SAP,” Carbon Maps co-founder and CEO Patrick Asdaghi told me a months that are few.

Carbon Maps has recently persuaded a dozen customers to make use of its device currently, including Andros, Sodexo, Potel&Chabot, the Bel milk manufacturers’s organization and Foodles.

We’ll most likely notice much more from Carbon Maps within the following months as French legislation is evolving with a implementation that is formal of eco-score rating system right around the corner. Food brands will be able to calculate and add a letter rating from A to E on their packaging, which could create a circle that is virtuous exactly like you can easily see the nutri-score every-where in French supermarkets.