Scope3 secures millions in funding for sustainable AI expansion
Through the closing of $25 million in funding with GV’s assistance, Scope3 is set to tackle the artificial intelligence (AI) industry’s impact on the climate, seeing them branch out from its advertising focus.
In addition to GV, Craft Ventures, Venrock and Room40 Ventures – all pre-existing investors – as well as Virgo Strategic Investments and Aperiam Ventures – fresh investors – contributed to the round.
The funding closure will see Scope3 leverage its decarbonisation knowledge and methodologies that is typically reserved for the media and advertising sector, and apply it to the AI space.