Carbon credit certifier adds $10M to Series A, drawing in ICE

What's the deal? A carbon credit certifier has added $10 million to its Series A round, bringing the total to $50 million, the company said Tuesday. Intercontinental Exchange (ICE) and several other backers joined the extension.

What's the endgame? The company certifies carbon credits, a role that underpins trust in voluntary carbon markets. Fresh capital from an exchange operator brings both funding and market infrastructure expertise to that mission.

The signal: ICE's involvement points to established financial players moving deeper into carbon market infrastructure, where credibility and verification remain central to growth.

Read more: carbon-pulse.com