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Today: September 15, 2024
May 13, 2024
1 min read

Jejakin Indonesia Secures $27M Funding Boost For Carbon Management


TLDR:

Jejakin, an Indonesian carbon management provider, secured $2.7 million in new funding to enhance its platform functionalities, accelerate growth, and enable more companies and individuals to take climate action. The funding will be allocated to research and development, technological improvement, market growth, and other areas.

  • Jejakin secures $2.7 million in new funding from notable corporates and venture capital firms in Southeast Asia.
  • The funding will be allocated to research and development, technological improvement, market growth, and other areas to accelerate growth and enhance platform functionalities.

Jejakin, founded in 2018, offers artificial intelligence and internet of things-based solutions to help businesses achieve zero emissions targets. The company provides three main products: CarbonIQ, CarbonAtlas, and CarbonSpace. Their platform assists businesses in calculating emission footprints, monitoring climate programs, and supporting climate actions.

The Indonesian government’s proactive steps towards sustainability, including participation in the Voluntary Carbon Market and implementation of a mandatory carbon market, create opportunities for innovative solutions like Jejakin to empower businesses to meet sustainability goals.

Jejakin has achieved milestones, including certification as a B Corporation, recognizing their commitment to social and environmental good alongside profitability. With support from notable investors and corporates, Jejakin aims to continue driving climate actions in Indonesia and fostering a sustainable future.


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