The startup develops an AI-driven energy management platform that focuses on climate change mitigation through precise carbon dioxide emission calculations and strategic planning for decarbonization. By integrating multiple systems, the platform enables businesses to effectively track and reduce their carbon footprint, supporting their transition to sustainable practices.
Funding
$69.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many companies struggle to accurately measure and manage their carbon emissions across their operations and supply chains. This lack of visibility hinders effective decarbonization planning and the ability to meet sustainability goals. Existing carbon accounting methods can be complex, costly, and lack the granularity needed for targeted reduction strategies.
Solution
Sustech provides an AI-driven energy management platform, CARBONIX, that enables businesses to visualize, analyze, and reduce their carbon footprint. The platform integrates data from various sources to provide a comprehensive view of emissions across the value chain. By leveraging AI, Sustech helps companies identify key areas for improvement, develop targeted decarbonization strategies, and track progress against their sustainability targets. The platform also facilitates the trading of environmental credits and supports the implementation of renewable energy solutions.
Target Audience
The primary target audience includes corporations, municipalities, and other organizations seeking to reduce their carbon footprint, improve their sustainability performance, and comply with environmental regulations.
Features
- Comprehensive carbon footprint calculation across Scope 1, 2, and 3 emissions
- AI-powered insights for identifying emission hotspots and reduction opportunities
- Integration with energy management systems, supply chain data, and other relevant sources
- Scenario planning tools for evaluating the impact of different decarbonization strategies
- Environmental credit trading platform for offsetting residual emissions
- Support for renewable energy procurement, including on-site and off-site Power Purchase Agreements (PPAs)
- Distributed power management platform (ELIC) for optimizing energy use