HomeDeepMarkit NewsDeepMarkit Model Validated by FlowCarbon Raise

DeepMarkit Model Validated by FlowCarbon Raise

DeepMarkit welcomes added validation of its business model as venture capital firms led a US$70 million investment in the recent funding raised by Flowcarbon.

Flowcarbon is a carbon credit start-up co-founded by former WeWork CEO Adam Neumann. It operates in the voluntary carbon market with Web3 which focuses on influencing the blockchain to scale climate change solutions.

The financing boosted the emerging industry that brings carbon credits on-chain, as well as DeepMarkit’s credibility planning to increase the transparency of the market.

The company has been pursuing the tokenization of carbon credits through its wholly-owned subsidiary, First Carbon Corp. with a primary asset MintCarbon.io platform.

Economies worldwide believe that voluntary carbon credit markets are one of the best solutions to cut emissions. Investors are also immensely interested in putting their money in the market, potentially adding to the industry growth.

With that, DeepMarkit focuses on decentralizing the fight against climate change and democratizing access to the voluntary carbon market by minting credits into NFTs.

Read the Full News Release HERE

Read More on DeepMarkit Corp HERE

Most Popular
LATEST CARBON NEWS

Gold Carbon Emissions and Net Zero

The World Gold Council (WGC) analyzes the impact of climate transition on the gold industry and its stakeholders, focusing on power emissions. The WGC and...

Generating Carbon Credits from Mining Waste

One of the world's biggest mining companies, BHP, is exploring generating carbon credits from its waste products through a process called "carbon mineralization". BHP is...

LanzaTech’s Bacteria Carbon Capture Tech

Chicago-based, LanzaTech, has been recycling carbon emissions into products such as clothes, aviation fuel, fragrances, and perfumes. Their patented CarbonSmart technology has shown how its carbon...

Carbon Streaming Enters Canadian Deal to Make 100M Carbon Credits

Carbon Streaming partnered with Will Solutions for a carbon credits deal to ramp up its Sustainable Community Projects in Quebec and Ontario, Canada. Carbon Streaming...
CARBON INVESTOR EDUCATION

Agricultural Carbon Credits and Carbon Farming Guide

There is a long list of sources of carbon emissions, and agriculture is one that may be hard for many people to believe. After all,...

Best Ways Companies Can Cut Carbon Emissions (3 Tips That Work)

In today’s hotter world, reducing carbon emissions has been the name of the game for everyone. So how does this apply to businesses? An increasing...

Carbon Pricing Explained: How Carbon Credits, Carbon Offsets and Taxes are Priced

Carbon pricing puts a price on the unseen costs of CO2 emissions. Learn how carbon is priced and how one method is poised for huge growth.

CBAM Carbon Pricing (EU’s 1st Cross-Border Carbon Policy)

The Paris Agreement created different ways to fight climate change and the EU's Carbon Border Adjustment Mechanism (CBAM) is one of them. Several efforts were...