INSUBCONTINENT EXCLUSIVE:
With corporations across the world taking a closer look at the effects their operations have on global climate change, investors are backing
a crop of software and services that are cropping up to pull back the curtain on those climate impacts.The latest of these to raise capital
is The Climate Service, which just closed on $3.82 million in its most recent round of funding.Interestingly, in addition to the traditional
mix of venture investment firms and angel investors, the Durham, N.C.-based company also picked up a commitment from the Association of
International Certified Professional Accountants.Institutional capital, including Persei Venture and Synovia Capital also joined the
round.The company said it would use the cash to expand the scope of its climate scenarios, risks and asset classes monitored by its software
service.The Climate Service bases its models and pricing of climate risk on the framework developed by the Task Force on Climate-Related
regulators are increasingly requiring businesses to measure their exposure to climate change-related risk
As a result, we designed this fundraising round to enable TCS to respond to the demands of industries under pressure to understand, quantify
