goodcarbon, a Berlin-based start-up specializing in high-quality carbon credits from “Nature-based Solutions” announces the successful closing of their funding round of €5.25 Million.
goodcarbon secures funding to bring new high-quality Nature-based Solutions to market and enables companies to deliver on their long-term net zero and nature pledges with confidence.
Ocean 14 Capital fund leads the round, with participation from Silverstrand Capital, high-profile angel investors, and existing investors Planet A Ventures, 468 Capital, and Greenfield Capital.
The €5.25M investment aims to expand the company’s nature analytics and expertise, strengthen its team, and introduce additional high-quality carbon offsetting projects to the market.
goodcarbon, which was founded in 2021 by Jérôme Cochet and David Diallo, offers a platform to businesses looking to build and maintain reliable, long-term carbon credit portfolios derived from Nature-based Solution assets. The start-up’s strategy entails nurturing unique goodcarbon Original concepts and working closely with impact-driven initiatives.
The fundamental tenet of their strategy is the understanding that the three major problems facing our time—Global Inequality (the “SDG target”), Biodiversity Loss (the “biodiversity target”), and Climate Change (the “net zero target”)—are interconnected and require a coordinated response. Further, the start-up hopes to play a significant role in corporate carbon compensation programs in Germany and abroad in the upcoming years.
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According to Jérôme Cochet, Founder & CEO of goodcarbon:
“The funding round marks a pivotal moment for goodcarbon & our mission to provide companies with access to high-quality Nature-based Solutions assets, empowering them to realize their emissions reduction strategies while protecting our planet. Although predictions suggest that nature could reduce carbon emissions by 10 billion tons by 2030, we must still address the financing gap for high-quality assets. Owing to a lack of availability and openness regarding the projects’ actual quality, many businesses are hesitant to finalize long-term relationships with them. We are expanding our goodcarbon Originals projects with seasoned new partners and bolstering our worldwide network and expertise in Nature-based Solutions with the addition of Silverstrand Capital and the Ocean 14 Capital fund.”
Projects known as “nature-based solutions” aim to preserve, manage, and sustainably restore natural and altered ecosystems. They also successfully address social issues while providing benefits to both people and the environment (IUCN). These initiatives have long-term, sustainable effects on the environment and economy that benefit local populations, investors, and the natural world. Furthermore, initiating high-impact, high-integrity projects that are scalable, spur innovation, and restore and protect ecosystems is a key component of supporting early-stage nature-based solutions. Consequently, nature-based solutions stand as the most potent tool against socioeconomic inequity, biodiversity loss, and climate change.
Ocean 14 Capital’s George Duffield states:
“We are excited to be a part of goodcarbon’s journey, supporting their mission to provide companies with access to Nature-based Solutions. Their science-based approach to quality and the product-market fit excite us. Their current partnerships with industry titans like Melitta, Bertelsmann, and Deutsche Telekom attest to their ability to take the lead and effect change in this field. Moreover, we’re excited to work with goodcarbon to help more businesses securely meet their net-zero and environmentally friendly commitments.”
