Screenshot credit Carbonetworks

We in GreenMonk have written previously about carbon accounting software and the huge opportunities which are about to open up in this space.

Carbon footprint reporting is increasingly becoming part of the purchasing process with purchasers seeking carbon footprint data from their vendors. It will in time be mandatory and when that happens, every company will have a requirement for this kind of software. Companies establishing a name for themselves at this early stage will be well placed when that requirement comes to pass.

No surprise then to see the announcement on Cnet today that software company Carbonetworks received $5 in series A funding for its online carbon calculator from clean-tech venture firm NGEN Partners.

Climate Earth is another player in this space, to my knowledge hasn’t announced any funding yet and their website could stand some work but their Team is impressive.

These companies should be working with AMEE so that everyone can benefit from the data.

Watch this space, more companies and more offerings are likely to spring up and don’t be surprised if some of these early players become attractive acquisition targets for more established software houses.