London-Based Clearly Raises €3.9M to Target Net Zero in Supply Chains
Clearly, a London-based platform for climate analytics has raised €3.9 million in initial money to advance its goal of accelerating net-zero ambitions throughout international supply chains. Pace Ventures and Nine Realms led the fundraising round. Notable angels including Margaux Primat and Lord Nash were among the existing investors, as well as Mobilion, Next Gear, and M1720. With this additional funding, Clearly will be able to expand its business and improve its product line to satisfy the rising demand on a worldwide scale.
Increasing AI Proficiency and Expanding Activities
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Expanding Clearly’s suite of in-house AI capabilities, which form the basis of its climate intelligence platform, will be made possible by this new funding. With these finances, the company intends to expand its workforce and improve its current offerings in order to better serve its expanding clientele. Clearly gives fleet owners, logistics managers, and other supply chain stakeholders useful insights to help them make decisions that increase financial and energy efficiency by utilising AI and real-time data integration.
Resolving a Serious Issue in the Transportation Sector
Since the transportation industry contributes around 25% of global emissions, decarbonization is an essential goal for reaching net-zero emissions. Clearly meets this difficulty head-on by providing a platform that combines information from multiple sources, such as asset management, operations, vehicle mobility, and energy usage. As a result, businesses are able to determine which decarbonization projects are most successful and secure funding for them, making sustainability a competitive advantage.
Market Effect and Upcoming Opportunities
Clearly was founded in 2021 by Danielle Walsh, a former director of HSBC, and has since become popular with business clients in the US, Europe, and Asia. The company’s technology, which works with significant players in consumer products, package delivery, and fleet management, has already recorded data from over 100 million journeys. Given that the transportation industry is expected to invest $1.75 trillion a year in order to achieve net-zero targets, Clearly’s solutions are expected to be crucial in the global shift towards more environmentally friendly technologies.
Concluding Remarks: Developing Sustainable Supply Chains
With this latest fundraising round, Clearly has made great progress toward its goal of decarbonising supply chains globally. The company provides organisations with real-time decision-making tools and AI-driven insights, which not only help them decrease emissions but also help them reach their sustainability goals in a way that is profitable. Clearly is ideally positioned to spearhead the push toward achieving sustainable mobility as the need for data-driven procurement and sustainable operations only grows.
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