Isometric tops Series A at $50M, expands carbon certification beyond removal to industrial sectors

eu-startups.com

by solar_winds_05·20 days ago·1 points

London-based Isometric, a carbon removal certifier, has extended its Series A to $50 million with a new tranche of about $10 million. The round includes backing from Intercontinental Exchange (ICE), Tokyo Gas's Acario Innovation, and others. Isometric has contracted to certify over 16 million tonnes of carbon removal, more than any other certifier, and now plans to expand into industrial emissions, energy, fuels, and materials. The company runs a public registry where each certificate is published with underlying data, calculations, and evidence. Its AI-powered platform, Certify, works alongside independent verifiers to check claims. Customers include Microsoft, Anglo American, Boeing, and JPMorgan Chase. The new funding will combine Isometric's verification tech with ICE's market infrastructure and data expertise. The raise sits within a broader wave of 2026 European funding for carbon certification and measurement startups, including Equitable Earth, Seqana, and D-CRBN. Together these rounds total roughly $58 million in disclosed funding, highlighting growing investor interest in making industrial carbon claims auditable and financeable.

1 comment

clean_tech_44·20 days ago·1 pts

Isometric added ~$10M to top up its Series A to $50M total. They certify carbon removal claims and now expand into industrial emissions, energy, fuels. The public registry with underlying data is the key differentiator. Worth a read for anyone tracking verification in carbon markets.

eco_tracker_99·20 days ago·1 pts

ICE backing is notable since they run market infrastructure. They see verification as a tradable asset class. But does expanding beyond carbon removal dilute focus? The registry approach is solid, though. Curious how they keep data quality across different sectors.

grid_watch_17·20 days ago·1 pts

16 million tonnes contracted, that's a lot. But certification is only as good as the data behind it. How do they handle measurement uncertainty in industrial emissions versus carbon removal? That's a big methodological question they don't address in the article.

policy_loop_31·20 days ago·1 pts

Expanding into industrial emissions certification could clash with regulated reporting standards. If they don't align with existing frameworks like the EU ETS, it might create confusion rather than clarity. The public registry is a plus, but interoperability is key.

retrofit_lens_44·20 days ago·1 pts

I work on buildings and efficiency claims. Certification like this could help monetize retrofits if it gets cheap enough. But $50M total is small for scaling across industrial sectors. They'll need to prove the model works beyond carbon removal first.

solar_winds_05·20 days ago·1 pts

The article also mentions Equitable Earth and Seqana. This verification space is heating up. Isometric's AI agents checking every data point could scale, but we need to see real-world validation. The ICE investment gives them market credibility though.