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Everimpact Closes €1.7M Seed Funding Round

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It is getting hotter than it used to and colder than it ought to be. The norm has been shifted and the natural has been tampered with – Global warming.

Climate Change & Global Warming
Global warming refers to the rise in global temperatures due mainly to the increasing concentrations of greenhouse gases in the atmosphere. Climate change gives a broader insight into global warming. It refers to the broader range of changes that are happening to our planet. These include rising sea levels; shrinking mountain glaciers; accelerating ice melt in Greenland, Antarctica and the Arctic; and shifts in flower/plant blooming times. These are all consequences of global warming, which is caused mainly by people burning fossil fuels and putting out heat-trapping gases into the air.

The advent of the Industrial Revolution brought annual temperature has risen about 2 degrees Fahrenheit. Between 1880—the year that accurate recordkeeping began—and 1980, it rose on average by 0.07 degrees Celsius (0.13 degrees Fahrenheit) every 10 years. Since 1981, however, the rate of increase has more than doubled: For the last 40 years, we have seen the global annual temperature rise 0.32 degrees Fahrenheit, per decade.

As a result of man’s inalienable activities, the planet has never been hotter. Nine of the 10 warmest years since 1880 have occurred since 2005—and the 5 warmest years on record have all occurred since 2015 and it is getting even hotter.

whilst world leaders gather to deliberate on sustainable solutions to manage the global threat, Everimpact is sitting up too.

Everimpact
Ever impact is a Paris, France-based climate tech company that empowers cities and companies
to lead the transition to a low-carbon world.

Everimpact measures its greenhouse gas emissions, identify opportunities to reduce emissions and unlock capital to finance them.
Everimpact measures emissions precisely and in real-time with satellites, sensors and AI.
This game-changing, certified data, empowers cities and businesses to identify reduction opportunities and finance them through trusted carbon markets.

Everimpact Seed Funding
The seed round which raised €1.7M was led by Motion ventures, with participation from Climate-Kic, EIT Urban Mobility, ADB Ventures, Wilhelmsen, Transport Capital, IMC Ventures, MOL PLUS, Blue Star Group and Rainmaking Impact.

The company says it intends to use the funds to expand carbon monitoring and monetisation capabilities in cities at a global level and expand the shipping measurement solution currently trialled on a Mitsubishi Corporation Group vessel and available through an Early Adopter Program.

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