Tech Company Financing Transactions
Greenpixie Funding Round
On 7/24/2023, Greenpixie raised $65 thousand in funding from Innovate UK.
Transaction Overview
Company Name
Announced On
7/24/2023
Transaction Type
Venture Equity
Amount
$65,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the funds to help reduce 'data centre emissions by millions of tonnes per year'.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
The Fisheries 1 Mentmore Terrace
London, England, E8 3PN
UK
London, England, E8 3PN
UK
Phone
Undisclosed
Website
Email Address
Overview
Greenpixie provides emissions data for cloud computing use. As environmental regulations broaden, businesses are now required to report a wider array of carbon emissions, including those from cloud computing - an industry which already emits more carbon than the entire airline sector. However, major cloud providers are not supplying the necessary cloud emissions data for regulatory compliance or for proactive carbon reduction strategies.
Management Team
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