London based carbon markets startup raised $45m in Seed funding led by BBVA, BNP Paribas, CIBC, Itaú Unibanco, National Australia Bank, NatWest, Standard Chartered, SMBC and UBS.
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Carbonplace raises $45m in Seed funding
Commenting on the development, Robert Begbie, CEO of NatWest Markets, cited data from McKinsey showing that "global demand for voluntary carbon credits is likely to increase by a factor of 15 in the next several years." He said Carbonplace is uniquely positioned to meet that demand by providing scalable technology to environmentally-conscious businesses.
