August 11, 2023, TEMPE, Arizona — The debut of PersefoniGPT, the company’s AI co-pilot solution for carbon accounting and management, and a $50 million Series C-1 fundraising round are both announced by Persefoni, a leading Climate Management & Accounting Platform (CMAP) for businesses and financial institutions. ENEOS Innovation Partners, NGP Energy Technology Partners, Prelude Ventures, Parkway Ventures, Rice Investment Group, Bain and Co., EDF, and Alumni Ventures were also a part of the most recent fundraising round, which TPG Rise led.
According to Kentaro Kawamori, CEO and Co-Founder of Persefoni, “This Series C round represents a significant vote of confidence in our strategic vision, our product and sales execution, and our commitment to bring best-in-class climate software solutions to our customers.” “With this new investment, we can expand on our already-promising AI technologies while also ensuring that we can continue offering our customers industry-leading assistance around the world.
“We formed ‘Persefoni AI Inc.’ when we established the business in January 2020 to firmly establish our investment in AI technology as essential to our corporate ethos. We’re happy to build on this early success with the game-changing skills that generative AI represents and are thrilled to have already realized that ambition. With the introduction of PersefoniGPT, Persefoni is delighted to be at the forefront of this innovation in the Climate Tech field, greatly fueled by breakthroughs in GPT and LLM models.
In addition to being apparent in the customer-facing goods launching in Q4 2023, Persefoni’s increased expenditures in generative AI will substantially influence lowering operating costs going forward. Without including the launch of PersefoniGPT, the business added several AI features to its primary carbon accounting and management platform, which Persefoni’s clients have enthusiastically embraced. With the aid of models that provide features like anomaly detection, natural language data matching, and automated data error resolution, these advances are already drastically lowering the complexity of enterprise data management.
Businesses, financial institutions, and political organizations may manage their organization’s climate-related data, disclosures, and performance with the same rigor and assurance as their financial reporting systems thanks to Persefoni AI Inc.’s software fabric. The company’s software enables users to benchmark their impact by region, industry, and/or peer groups, identify decarbonization strategies, perform climate trajectory modeling in line with the temperature rise scenarios outlined in the Paris Agreement, and calculate their carbon footprint more simply.
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