EXCLUSIVE: Carbonfact Raises $2M in Seed Funding

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EXCLUSIVE: Carbonfact Raises $2M in Seed Funding
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Alven and Y-Combinator led the round for the apparel and footwear life-cycle assessment software which aims to help brands lower their carbon emissions.

The methodology was developed under LCA specialist Dr. Bahareh Zamani, Ph.D., who joined the team in January.

Carbonfact uses a combination of brand-supplied data and independent supply chain research to collect data from suppliers for the assessment. With multichannel retailers such as La Redoute or Yoox Net-a-porter, Carbonfact calculates the LCA across the product catalogue so that sites can identify which brands or product categories are high carbon.

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