ClimateCamp has secured €3.5 million in seed funding led by Expon Capital to enhance its platform functioning for reducing Scope 3 emissions through collaborative, AI-driven solutions.

Target Information

ClimateCamp is an innovative platform established in 2022, dedicated to assisting companies in reducing their Scope 3 emissions through the use of AI-driven automation. The company has rapidly grown, currently supporting over 800 businesses in actively sharing their carbon emissions data, with ambitions to reach 2,000 participants by the end of the year. ClimateCamp stands out in its industry by emphasizing collaboration with suppliers, which is crucial given that over 85% of emissions for most companies are generated within their value chains.

By facilitating supplier engagement in calculating emissions, setting reduction targets, and implementing strategies, ClimateCamp aligns itself with the principles set forth by the Science-Based Targets initiative (SBTi). Its unique focus on collaborative decarbonization distinguishes it from competitors, enabling businesses to forge networks with suppliers, customers, and partners to undertake collective climate action.

Industry Overview in Belgium

The climate tech sector in Belgium has become increasingly pivotal as businesses grapple with achieving sustainability amidst stringent regulations. With the European Union's emphasis on reducing greenhouse gas emissions,