Altruistiq Raises £15 Million in Seed Round

by Kay Aloha Villamor in July 27th, 2022

Altruistiq a London-based climate SaaS startup,  announced that it raised £15 million in a seed funding round. 

Molten Ventures led the round with Norrsken VC participating. Angel investors include Octopus Energy CEO and Founder Greg Jackson, Careem CEO and co-founder Mudassir Sheikha, Atomico Investment Partner Siraj Khaliq, and Kingfisher CEO Sir Ian Cheshire.

The £15 million clams will help support Altruistiq’s goal of shifting an entire global standard with its abatement engine design.

Company: Altruistiq

Raised: £15.0M

Round: Seed Round

Funding Month: July 2022

Lead Investors: Venture capital firm Molten

Additional Investors: Norrsken, Greg Jackson, Mudassir Sheikha, Siraj Khaliq, Sir Ian Cheshire

Company Website: https://altruistiq.com/

Software Category: Cloud-based sustainability platform

About the Company: Founded in 2021, Altruistiq's SaaS platform enables large, complex enterprises to automate sustainability data measurement, management, and exchange - with unparalleled accuracy and ease. Altruistiq is a decision-making environment for business sustainability teams. Altruistiq's mission is to help businesses do more of what is measurably good, and less of what is immeasurably wrong.

Source: https://tech.eu/2022/07/25/in-the-sustainability-data-management-wars-altruistiq-raises-ps15-million




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