Emissium
Links the actual carbon footprint to the flow of electricity in the grid.
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Emissium.io is a CleanTech startup that focuses on helping businesses, particularly electric utilities, understand and reduce their carbon footprint. The company operates in the environmental and energy sectors, providing advanced tools to monitor and manage electricity emissions. Emissium's core technology is a decentralized network that traces the emissions of electricity, allowing companies to make informed decisions about their energy use and sustainability practices.
Emissium serves electric utilities and their clients, as well as any organization interested in reducing its carbon emissions. The company offers more than 10 environmental indicators, including data from the IPCC 2021 report, to provide a comprehensive view of a company's carbon footprint. This information helps businesses uncover strategies for significant improvements toward decarbonization, ultimately accelerating their path to emissions reduction.
The business model of Emissium is based on providing a subscription-based service that offers detailed emissions tracking and forecasting. By using blockchain technology, Emissium ensures the accuracy and transparency of its data, which is crucial for compliance with environmental regulations. The company also leverages machine learning to enhance the accuracy of its predictions, enabling clients to optimize resource allocation and streamline operations.
Emissium makes money through subscription fees paid by its clients for access to its emissions tracking and forecasting platform. Additionally, the company may generate revenue through consulting services, helping businesses develop and implement strategies for reducing their carbon footprint.
Emissium is part of the EPFL Tech Launchpad program and has received significant funding, including a CHF30,000 Ignition grant and a CHF100,000 award from the Tech Launchpad. The company is actively expanding its team, seeking professionals such as Backend Developers and Machine Learning Engineers to further develop its innovative technology.
Keywords: CleanTech, carbon footprint, emissions tracking, blockchain, machine learning, electric utilities, sustainability, decarbonization, environmental indicators, EPFL Tech Launchpad.