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FUND RAISING
Database Reference: F231109-347
Business: Amee
Web: http://www.amee.com
Other Web Links: Twitter
Location: UK, London
Region: Europe
Business description: AMEE helps companies, governments and consumers calculate their carbon footprint consistent with the best science and international standards. The AMEE API provides access to the up-to-date carbon and environmental data. Amee applications and solutions help ensure compliance with authoritative international standards.
Category: Energy, Carbon
Contact 1: Gavin Starks, founder and CEO, Twitter
Contact 2: Andrew Conway, founder and Chief Scientist
Contact 3: Pat Burtis, Investment Manager, Amadeus Capital Partners
Investors: Led by Amadeus Capital Partners. Existing investors, including O’Reilly AlphaTech Ventures and Union Square Ventures also participated in the financing.
Round: Series B
Amount raised: $5,500,000
Details: Amadeus Capital Partners, the European technology investor, has led a $5.5m Series B financing in AMEE. The funding will be used to expand AMEE’s geographic reach and enrich its scientific platform. AMEE’s end market, enterprise carbon management, is expected to reach $4 billion by 2017, driven by increasing regulatory and consumer pressure to combat climate change. Pat Burtis, Investment Manager at Amadeus Capital Partners, joins the AMEE Board of Directors
Link: Press Release
Legal advisers on the funding were Gunderson Dettmer for Amadeus, and Cooley Godward for AMEE
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