Climate tech platform Persefoni has recently made headlines with its announcement of securing $50m in its Series C-1 investment round.
Spearheading this substantial funding were notable names such as TPG Rise, with considerable support from Clearvision Ventures, ENEOS Innovation Partners, NGP Energy Technology Partners, Prelude Ventures, Parkway Ventures, Rice Investment Group, Bain and Co., EDF, and Alumni Ventures.
Diving deeper into Persefoni’s offerings, it stands out as a Climate Management & Accounting Platform that serves a vital role for businesses and financial institutions. It provides a consolidated platform for carbon accounting and management, effectively utilising its advanced AI co-pilot product, aptly named PersefoniGPT.
With the new influx of funds, Persefoni has ambitious plans for its future. It aims to enhance its AI developments, solidify its support to the global clientele, and uphold its dedication to providing top-tier climate software solutions.
Moreover, a fascinating detail regarding Persefoni is its foundational ethos. Since its inception in January 2020, the company has integrated AI technology at its core, evident in its formal incorporation name – ‘Persefoni AI Inc.’ The recent strides in GPT and LLM models are set to usher in a new era in the Climate Tech domain, with Persefoni aiming to lead the charge, especially with the imminent launch of PersefoniGPT.
Persefoni isn’t just making waves with customer-centric products scheduled for Q4 2023. It’s also ensuring internal efficiency. By focusing on generative AI, the firm expects to see substantial reductions in operational costs. This isn’t the first taste of AI innovation for Persefoni. It has seamlessly incorporated several AI features into its core platform, greatly assisting in enterprise data management.
Persefoni CEO and Co-Founder Kentaro Kawamori remarked, “This Series C round represents a significant vote of confidence in our strategic vision, our product and sales execution, and our commitment to bringing best-in-class climate software solutions to our customers.”
Kim Stroh, Co-founder and Head of AI, Persefoni, added, “Our early shift to invest in the transformative power of AI and machine learning technologies continues to pay dividends. This innovation drives sustainability and efficiency simultaneously, and it’s a key reason why Persefoni is trusted by partners leading in their respective markets, like Workiva, Deloitte, ERM, and Bain & Co.”
To date, this latest funding round brings Persefoni’s total raised investments to an impressive figure, exceeding $150m.
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