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§ Private Profile · Gran Via Marqués Del Turia, Valencia, 46005, Spain
Operates a blockchain marketplace for companies to buy carbon, plastic, biodiversity offsets, and provides climate SaaS solutions.
ClimateTrade is a blockchain-based marketplace and climate software provider based in Valencia, Spain, and Miami, Florida, that enables companies and individuals to purchase carbon, plastic, and biodiversity offsets. The platform facilitates the trading of renewable energy certificates from certified mitigation projects across more than 35 countries while offering software-as-a-service solutions for integrating carbon-neutral features directly into corporate systems. Operating with a global workforce of 45 full-time employees, the organization has successfully facilitated the offset of over 5.5 million tons of carbon emissions through its digital certification infrastructure. The marketplace currently serves a growing network of over 3,000 active users and 300 registered corporate clients, providing decarbonization services to enterprise customers such as Telefónica, Banco Santander, Cabify, and Iberia. Backed by venture capital investors including the firm Amasia, ClimateTrade was founded in 2019 by Francisco Benedito.
ClimateTrade has raised $8.0M across 1 funding round.
ClimateTrade has raised $8.0M in total across 1 funding round.
ClimateTrade has raised $8.0M across 1 funding round. Most recently, it raised $8.0M Seed in January 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2022 | $8M Seed | — | Amasia, Ampli Ventures, General Catalyst, Indeed.com, Inventure, Mendoza Ventures, Menlo Ventures, Recall Capital, Jeff Seibert, Wayne Chang, Algorand, Borderless Capital, ClearSky, GED, Omron Ventures, SIX Fintech Ventures, Wayra, Iker Marcaide | Announced |
ClimateTrade is a blockchain-powered climate marketplace that enables companies to offset carbon emissions transparently by purchasing certified carbon credits, renewable energy certificates, and biodiversity offsets from over 180 projects across 35+ countries.[1][2][3][4] It serves large enterprises like Telefónica, Banco Santander, Iberia, Cabify, and Melià Hotels, solving the inefficiencies of traditional carbon markets—such as high transaction costs (reduced by 30-40%), long sales times (from 2-3 months to 5 minutes), and intermediaries—through its SaaS platform ClimatetradeGO and API integrations that allow real-time offsetting during customer purchases.[1][3][4] The company has demonstrated strong growth, offsetting nearly 2 million metric tons of CO2 in 2021 alone, raising €7 million in funding (including from Amasia, Wayra, Borderless Capital, ClearSky, and Zubi Capital), and planning a €13 million round while expanding into Europe, Asia, and the US.[2][4]
Founded in 2018 in Valencia, Spain (with operations now in Spain, Portugal, the US, and a base in Miami, Florida), ClimateTrade was started by Francisco Benedito Valentin, a law graduate and MBA holder who launched his first company at age 16 and spent 15 years in banking.[2][3][4] The idea emerged from identifying flaws in the opaque, intermediary-heavy traditional carbon bond market, where companies faced high costs and delays after calculating their emissions footprint; Benedito's team pioneered blockchain to create a direct "eBay or Wallapop" style marketplace for offsets, ensuring funds go straight to projects and credits are verifiably retired.[1][3] Early traction came from partnerships with major Spanish firms like Iberia and Telefónica, leveraging Algorand blockchain for scalability, low fees, and transparency, alongside a €1 million seed round backed by Borderless Capital to fuel US expansion.[2][3]
ClimateTrade rides the climate tech and blockchain convergence wave, capitalizing on surging corporate net-zero mandates and tokenization trends like KlimaDAO amid rising ESG pressures.[4] Its timing aligns with global regulatory pushes (e.g., EU carbon border taxes) and blockchain's maturation for scalability via networks like Algorand, enabling mass-market decarbonization where traditional markets fail.[3] Market forces favoring it include exploding demand for verified offsets (projected multi-trillion carbon market) and investor appetite for impact tech, as seen in its funding and client roster of Fortune 500 firms.[1][2][4] By democratizing access and proving real-world scale (150+ projects, millions of tons offset), it influences the ecosystem by accelerating blockchain adoption in sustainability, inspiring similar platforms, and bridging Web3 with enterprise climate action.[3][4]
ClimateTrade is poised for explosive growth through its €13 million raise, geographic expansion (US, Europe, Asia), and API-driven product innovations that embed offsetting into e-commerce and services.[4] Trends like AI-enhanced emissions tracking, tokenized real-world assets, and mandatory Scope 3 reporting will amplify its marketplace, potentially scaling to billions in offset volume as corporates race to 2030 net-zero goals. Its influence may evolve from Spanish pioneer to global standard-setter, powering decentralized climate finance—transforming how businesses fight emissions, one transparent transaction at a time, much like its "eBay of carbon" roots redefined accessibility.[1]
ClimateTrade has raised $8.0M in total across 1 funding round.
ClimateTrade's investors include Amasia, Ampli Ventures, General Catalyst, Indeed.com, Inventure, Mendoza Ventures, Menlo Ventures, Recall Capital, Jeff Seibert, Wayne Chang, Algorand, Borderless Capital.