Company News
Making Carbon Credits Simple: Our Journey to Raising $4.5M and What Comes Next
Mark Chen
May 6, 2025

Today, I’m excited to share three major milestones for CNaught:

  • $4.5 million in seed funding, led by Bow Capital with participation from FJ Labs, Silence VC, Karman Ventures, and Marketplace Capital, to accelerate our work in making carbon credit investments more secure and scalable.
  • The CNaught Guarantee, a first-of-its-kind mechanism that significantly reduces risk and provides greater confidence for buyers of CNaught carbon credits.
  • New enterprise customers including Palantir and Asana, validating our approach to transparency, quality, and de-risked climate action.

This is a big step–not just for CNaught, but for the entire voluntary carbon market. I’m thrilled to celebrate these milestones with our small–but mighty–team that has worked tirelessly over the last three years to reach this point.

Making Carbon Credits Simple for Busy Teams

CNaught is the easy button for busy sustainability leaders. We make the strategies and tools of the most sophisticated buyers accessible to everyone–regardless of your team size or budget.

Our mission is clear: accelerate decarbonization by removing complexity from the carbon markets. And we’re just getting started.

Why Carbon Markets Need Better Risk Management

The biggest barrier to companies using carbon credits is uncertainty. Negative headlines for poor carbon projects abound, leading businesses to hold off on carbon credits due to concerns around integrity, project permanence, and regulatory risk.

The result: too many companies sit on the sidelines, waiting for solutions that may never come.

We believe that perfect should not be the enemy of good. We believe in building financial and market-based innovations to reduce risk—so companies can act now and grow their businesses while being more sustainable. That’s why we offer deep due diligence and portfolio curation wrapped with a simple buying process that any team can use.

Introducing the CNaught Guarantee

Today, we’re announcing the CNaught Guarantee–a game-changing innovation that provides protection above and beyond the science-backed portfolio approach that already results in lower risk for buyers.

Here’s how it works: if any credits in your CNaught portfolio are canceled or suspended by a registry, we’ll replace them with new, high-integrity credits at no cost to you.

This tonne-for-tonne replacement provides unprecedented security for your carbon investments. We're the only provider offering this level of assurance, setting a new standard in the industry.

Trust by Industry Leaders

Our approach resonates with a wide range of organizations, from public companies to small businesses and leading universities. Select customers include: Palantir, Asana, Harvard Business School, Seattle Chocolates, and Populous.

These organizations represent a diverse range of industries and sustainability goals, yet they all trust CNaught for a shared reason: we simplify the complexities of carbon management, reduce the risk for our buyers, and provide transparent solutions backed by science and data.

With our help, these leaders are not just meeting compliance requirements or appeasing stakeholders—they’re making real, measurable progress in their carbon strategies and acquiring customers that prioritize sustainability.

What’s Next

Making sustainability goals radically easier to achieve is audacious, and we know that we cannot do it alone. That’s why we are thrilled to have the support of new partners Bow Capital, FJ Labs, Silence VC, Karman Ventures, and Marketplace Capital. These investors agree that we can meaningfully grow the impact of sustainability professionals while making their lives better and easier.

We’re excited to use our capital to:

  • Expand the CNaught Guarantee to all of our customers at no cost.
  • Build innovative tools for sustainability teams around reporting, risk modeling, and AI.
  • Expand our reach and continue delivering the solutions that businesses need to confidently meet their sustainability goals.

At CNaught, we believe that companies shouldn’t have to choose between ambition and practicality or sustainability and growth. With our science-backed strategies, you no longer have to make that tradeoff. 

If your company has been looking for a smarter, safer way to engage in carbon markets, let’s chat. 

Mark