Climate finance firm Creatura raises $2.4 million
Tokyo-based climate finance firm Creatura has raised $2.4 million in a Series A funding round that included DBJ Capital, and Mitsui Sumitomo Insurance Venture Capital .
Founded in 2022, Creattura promotes carbon project development, provides carbon credits, and offers consulting services to help companies and other entities decarbonize their operations. Since its establishment, the cumulative amount of carbon credits and renewable energy certificates sold exceeds the equivalent of 800,000 tons of CO2. This volume is comparable to the annual emissions of approximately 400,000 individuals.
“We are honored to participate in Creattura’s Series A funding round. We view carbon credits as a promising solution for achieving carbon neutrality and have high expectations for our business strategy, which involves global expansion while ensuring reliability. As a venture capital firm under a government-affiliated financial institution, DBJ Capital will actively support your business and work on addressing global challenges related to carbon neutrality.” – Yoshitake Ishimoto, Senior Investment Manager, Investment Department, DBJ Capital Corp.
“Congratulations on the successful first close of your Series A round of funding. As global trading of greenhouse gas emissions through carbon credit systems expands, there is a rapid increase in domestic companies’ commitment in Japan, driven by upcoming regulations on greenhouse gas emissions and the full-scale operation of the carbon credit trading market. We are confident that, with the solutions provided by Creattura, you will create a trading environment where domestic companies contributing to decarbonization are accurately recognized as leading companies offering valuable services to both the supply and demand sides of the carbon credit market.” – Shungo Takagi, Investment Development Associate, Mitsui Sumitomo Insurance Capital Co.
“We are extremely proud to have received investment from two renowned Japanese VCs, DBJ Capital and Mitsui Sumitomo Insurance Capital. This July has been reported as the hottest summer since meteorological observations began, and we believe that most people are experiencing abnormal changes in weather firsthand. These climate changes are starting to have negative economic impacts on human society, manifesting as localized disasters due to heavy rain, high temperatures, impacts on agriculture from droughts and floods, and outbreaks of disease. Since our society is built upon this natural capital, addressing climate change, which is the foundation of this capital, is recognized by us as the most important challenge for leaving a sustainable society for future generations. With the investment we have received, we will accelerate the realization of our IT and technology capabilities and the development of carbon projects both domestically and internationally. Creattura will continue to fully commit to creating innovative solutions using technology and carbon finance to ensure that our irreplaceable natural heritage is preserved for the next generation. ” – Tomomichi Hattori, CEO and Representative Director, Creattura Co Ltd.