YCombinator alumnus Carbonfact has raised a $15M Series A round. Carbonfact’s automated carbon management software tackles this issue with tools to help fashion companies measure, reduce, and disclose their products’ emissions in line with upcoming regulations, such as the EU’s Corporate Sustainability Reporting Directive (CSRD).
Measuring carbon emissions in the fashion industry is a complex task. To calculate the environmental impact of a single garment, more than 100 data points are required, including weight, origin, and energy usage during manufacturing. Fashion companies face a significant challenge in tracking emissions due…
