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.
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.