Earthbanc Raises $1.5M in Pre Seed Round
- Earthbanc, a Stockholm, Sweden-based carbon credit and finance platform, raised $1.5m in Pre-Seed funding
- The company intends to use the funds to launch the Earth banc protocol and web3 platform, enabling the onboarding of 150,000 farmers on the waitlist in South Asia and Africa
- The company provides a carbon credit and finance platform with operations across 20 countries
- It develops carbon projects, sells verified and audited carbon credits, and enables investors to finance carbon removal
- The company has audited the carbon stocks of over 13M hectares of forest globally using satellites and proprietary remote sensing technology