The world’s first carbon insurer
Business Model:
Revenue: $0
Employees: 1-10
Address: -
City: London
State: england
Zip: N1 3LJ
Country: GB
Kita’s purpose is to be a new type of insurance company, accelerating the shift to a new decarbonised world. The climate crisis requires carbon sequestration solutions to remove carbon from the atmosphere. Unfortunately, these solutions lack insurance for their key asset - carbon offsets sold within the voluntary carbon markets. This gap contributes to an environment of uncertainty, holding back development, investment and the ability to scale these solutions at speed to achieve necessary climate impact. Our vision is to be the world’s first “carbon insurer”, using parametric insurance products that address this challenge by guaranteeing the quality and delivery of carbon offsets and negative emission technologies. By removing risk on both sides of the carbon transaction, Kita will accelerate the development of high-quality solutions to fight the climate crisis. We are in the process of becoming an insurance company, at which point our insurance solutions will be available. However, we love speaking to future clients and potential partners, so please don’t hesitate to get in touch now.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 6/2022 | Pre-Seed | $438.5k |
Insurtech Gateway Carbon13 Climate VC Echelon Capital |
5/2022 | Pre Seed Round | 1 | $437.2k |
Insurtech Gateway Climate VC Echelon Capital Insurtech Gateway |
2/2023 | Seed Round | $0 |
Carbon13 Chaucer Group Ltd Climate VC Hartree Partners Insurtech Gateway Octopus Ventures Carbon13 Chaucer Group Ltd Climate VC Hartree Partners Insurtech Gateway Octopus Ventures Carbon13 Chaucer Group Ltd Climate VC Hartree Partners Insurtech Gateway Octopus Ventures Carbon13 Chaucer Group Ltd Climate VC Hartree Partners Insurtech Gateway Octopus Ventures |
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