CarbonTrail launches funding round to spread its wings

CarbonTrail CEO Tom Hallam wants to prevent a billion tonnes of emissions. (Image: CarbonTrail)

Fri, 06 Sep 2024

Software startup CarbonTrail is launching a $650,000 seed funding round to expand into Australia and the European Union. Founder and CEO Tom Hallam said the Christchurch-based company aimed to prevent one billion tonnes of greenhouse-gas emissions by 2050. It was founded in 2022, and its carbon-reporting technology is now based on a powerful AI model.CarbonTrail has several NZ competitors in this space, but Hallam said it had the edge. “We create audit-ready measurements in the time it takes our competitors to do what’s ca...

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