Sunday, December 22, 2024

US climate tech start-up Persefoni secures $50m in Series C-1 funding round

US climate tech start-up Persefoni secures $50 million in funding, launches PersefoniGPT, an AI tool for carbon accounting and climate management.

Facts

  • Persefoni, a climate tech start-up from Tempe, Arizona, secures $50 million in Series C-1 funding.
  • The funding is used to launch PersefoniGPT, an AI tool combining generative AI with ESG responsibilities.
  • Persefoni’s technology simplifies carbon footprint calculation, identifies decarbonisation strategies, and performs climate trajectory modeling.
  • Led by TPG Rise, the funding round includes participation from various investors, totaling over $150 million raised.
  • PersefoniGPT aims to simplify carbon accounting, assurance, and audit processes using AI knowledge.
  • Persefoni’s core platform offers AI capabilities for data management, anomaly detection, and automated error resolution.
  • The integration of AI and GPT models is expected to play a larger role in climate tech for carbon emissions mitigation.
  • Persefoni partners with companies like Workiva, Deloitte, ERM, and investor Bain & Co.

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