Terms
- Announced
- 15 Sept 2026
- Instrument
- Equity
- Amount
- US$10.0mReported as US$50m Series A in total; US$10m increment derived
- Source
- isometric.com
Parties
- Project developer
- Isometric
- Recipient type
- Marketplace
- Country
- United Kingdom
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Intercontinental Exchange Investor US$2.00m Estimated: an even share, 1 of 5 Acario Innovation Investor US$2.00m Estimated: an even share, 1 of 5 Motion Ventures Investor US$2.00m Estimated: an even share, 1 of 5 One Capital Investor US$2.00m Estimated: an even share, 1 of 5 Verb Ventures Investor US$2.00m Estimated: an even share, 1 of 5
Carbon
- Pathway
- Carbon market infrastructure
- Project type as recorded
- Carbon removal registry and certification platform
Structure and cover
- Structure flag
- Intermediary / platform equity
What happened
- US$10m extension of the Series A, announced 15 September 2026, bringing the round to US$50m. The increment is derived by subtraction (US$50m total less the US$40m first close of 22 June 2026, EQ-144); the release does not state it. Intercontinental Exchange joined as a strategic investor alongside Acario Innovation, Motion Ventures, One Capital and Verb Ventures, plus Max Junestrand (individual, not added). AVP led the round as a whole. Closing wording: 'With ICE and other new investors, the round now stands at $50 million.'
Kumo note
- The operator of the New York Stock Exchange taking a strategic stake in a carbon removal registry. Exchange infrastructure buying into the measurement layer is the clearest signal yet that the people who run commodity markets expect carbon removal to become one. || Capital into the measurement layer rather than into a project. Isometric issues no credits of its own and removes no carbon; it certifies what others do, so this money buys market infrastructure and not tonnes.
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