Puro.earth Secures €11 M Series B Financing Led by Nasdaq with Participation from Fortum Innovation & Venturing to strengthen its supplier infrastructure
Puro.earth, a carbon-crediting platform for engineered carbon dioxide removal (CDR), has secured €11 million in Series B funding led by Nasdaq (NASDAQ:NDAQ) with participation from Fortum Innovation & Venturing. The funding will strengthen Puro.earth's supplier infrastructure, enabling more frequent issuance of high-integrity carbon removal credits and facilitating offtake agreements.
The investment follows Puro.earth's recent growth, including improvements to its biochar methodology, launch of a trading API, and new strategic partnerships. The company has issued over 1 million CO2 Removal Certificates (CORCs), maintaining its position as the leading standard and registry for engineered CDR. Nasdaq, which became the majority owner in 2021, aims to enhance carbon market infrastructure through this strategic investment.
Puro.earth, una piattaforma che accredita crediti di carbonio per la rimozione artificiale della CO2 (CDR), ha raccolto €11 milioni in un round di Serie B guidato da Nasdaq (NASDAQ:NDAQ), con la partecipazione di Fortum Innovation & Venturing. Il finanziamento rafforzerà l'infrastruttura dei fornitori di Puro.earth, permettendo l'emissione più frequente di crediti di rimozione del carbonio ad alta integrità e agevolando accordi di offtake.
L'investimento segue la recente crescita della società, tra cui il miglioramento della metodologia per il biochar, il lancio di un'API per il trading e nuove partnership strategiche. Puro.earth ha emesso oltre 1 milione di CO2 Removal Certificates (CORC), consolidando la sua posizione come standard e registro principale per la CDR ingegnerizzata. Nasdaq, divenuta azionista di maggioranza nel 2021, intende con questo investimento rafforzare l'infrastruttura dei mercati del carbonio.
Puro.earth, una plataforma que certifica créditos de carbono por eliminación artificial de CO2 (CDR), ha asegurado €11 millones en una ronda de Serie B liderada por Nasdaq (NASDAQ:NDAQ), con la participación de Fortum Innovation & Venturing. La inversión reforzará la infraestructura de proveedores de Puro.earth, permitiendo emitir con mayor frecuencia créditos de eliminación de carbono de alta integridad y facilitando acuerdos de offtake.
La inversión llega tras el reciente crecimiento de Puro.earth, que incluye mejoras en su metodología de biochar, el lanzamiento de una API de trading y nuevas alianzas estratégicas. La compañía ha emitido más de 1 millón de CO2 Removal Certificates (CORC), manteniéndose como el estándar y registro líder para la CDR ingenierizada. Nasdaq, que se convirtió en propietario mayoritario en 2021, busca con esta inversión fortalecer la infraestructura del mercado de carbono.
Puro.earth는 인공 이산화탄소 제거(CDR)를 위한 탄소 크레딧 인증 플랫폼으로, Nasdaq (NASDAQ:NDAQ)가 주도하고 Fortum Innovation & Venturing가 참여한 가운데 시리즈 B에서 €11백만을 확보했습니다. 이번 자금은 Puro.earth의 공급자 인프라를 강화해 높은 신뢰도의 탄소 제거 크레딧을 더 자주 발행하고 오프테이크 계약 체결을 용이하게 할 예정입니다.
이번 투자는 바이오차 방법론 개선, 거래용 API 출시, 새로운 전략적 파트너십 등 최근 Puro.earth의 성장에 따른 것입니다. 회사는 100만 장이 넘는 CO2 Removal Certificates(CORC)를 발행해 인공 CDR 분야의 선도적 표준 및 등록기관 지위를 유지하고 있습니다. 2021년 다수 지분을 인수한 Nasdaq는 이번 전략적 투자를 통해 탄소시장 인프라를 강화하려 합니다.
Puro.earth, une plateforme de certification de crédits carbone pour l'élimination artificielle du CO2 (CDR), a levé 11 millions d'euros en financement de Série B mené par Nasdaq (NASDAQ:NDAQ), avec la participation de Fortum Innovation & Venturing. Ce financement renforcera l'infrastructure des fournisseurs de Puro.earth, permettra d'émettre plus fréquemment des crédits d'élimination du carbone à haute intégrité et facilitera les accords d'offtake.
L'investissement fait suite à la croissance récente de Puro.earth, notamment des améliorations de la méthodologie biochar, le lancement d'une API de trading et de nouveaux partenariats stratégiques. La société a émis plus de 1 million de CO2 Removal Certificates (CORC), conservant sa position de référence et de registre principal pour la CDR ingénierée. Nasdaq, devenu actionnaire majoritaire en 2021, souhaite, par cet investissement stratégique, renforcer l'infrastructure du marché du carbone.
Puro.earth, eine Plattform zur Vergabe von Kohlenstoffgutschriften für ingenieurmäßige CO2-Entnahme (CDR), hat €11 Millionen in einer Serie-B-Finanzierungsrunde erhalten, die von Nasdaq (NASDAQ:NDAQ) angeführt wird; Fortum Innovation & Venturing ist beteiligt. Die Mittel werden die Lieferanteninfrastruktur von Puro.earth stärken, häufigere Emissionen hochwertiger CO2-Entfernungszertifikate ermöglichen und Offtake-Vereinbarungen erleichtern.
Die Investition folgt auf das jüngste Wachstum von Puro.earth, etwa Verbesserungen der Biochar-Methodik, den Start einer Trading-API und neue strategische Partnerschaften. Das Unternehmen hat über 1 Million CO2 Removal Certificates (CORC) ausgegeben und behauptet damit seine Stellung als führender Standard und Register für ingenieurmäßige CDR. Nasdaq, das 2021 Mehrheitsaktionär wurde, will mit dieser strategischen Investition die Infrastruktur des Kohlenstoffmarktes weiter ausbauen.
- Secured €11 million Series B funding to strengthen infrastructure
- Market leadership with over 1 million CO2 Removal Certificates issued
- Strategic backing from Nasdaq as majority owner enhances market credibility
- Recent growth includes new API launch and strategic partnerships
- None.
Insights
Nasdaq's €11M investment in Puro.earth strengthens its position in the growing carbon removal market, diversifying revenue streams.
Nasdaq's strategic €11 million investment in Puro.earth represents a calculated move to strengthen its position in the rapidly evolving carbon credits ecosystem. This Series B funding builds upon Nasdaq's 2021 acquisition of majority ownership in Puro.earth, demonstrating continued commitment to the carbon removal space. The investment targets critical infrastructure improvements that will increase the frequency of credit issuance, facilitate offtake agreements, and advance digital measurement tools - all essential components for scaling market operations.
The timing is particularly strategic as Puro.earth has reached a milestone of issuing over 1 million CO2 Removal Certificates (CORCs), establishing itself as the leading standard for engineered carbon dioxide removal. For Nasdaq, this investment aligns with its broader strategy of diversifying revenue streams beyond traditional exchange services while leveraging its core expertise in creating market infrastructure.
While the
Strategic financing supports Puro.earth initiatives to accelerate carbon removal at scale
HELSINKI, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Puro.earth, a leading carbon-crediting platform for engineered carbon dioxide removal (CDR), today announced it has raised
The new investment builds on a period of strong growth and innovation at Puro.earth, highlighted by enhancements to its market-leading biochar methodology, the launch of an API enabling streamlined carbon removal trading through sales channels, strategic partnerships with leading organizations to facilitate CDR project financing, and the appointment of new leadership to accelerate carbon removal at scale. It reinforces Puro.earth’s strategic mission to scale high-integrity carbon removal markets globally, solidifying its role as a leading standard and registry for scientifically rigorous and independently verified CO2 Removal Certificates (CORCs). By enhancing Puro.earth’s customer offerings to meet rising demand for durable carbon removals, Nasdaq and Puro.earth are well positioned—through their combined financial market and climate expertise—to drive innovation and to scale the carbon market.
“Carbon removal is evolving from innovation to infrastructure,” said Jan-Willem Bode, President of Puro.earth. “With this latest round of funding, we’re strengthening the systems that facilitate scale in CDR deployment and enhancing our customer offerings to better support the growing demand for durable engineered removals. Our approach is grounded in science, market discipline, and transparency. This is what our ecosystem of buyers and suppliers demands—Nasdaq and Puro.earth are well-placed to meet this need by combining financial infrastructure and climate expertise to foster innovation and accelerate the carbon market growth.”
“With this investment, we aim to accelerate our shared vision of enabling high-integrity carbon markets,” said Fredrik Ekström, Head of Carbon Markets at Nasdaq and Chairman of the Board at Puro.earth. “Together with Nasdaq's efforts to advance the technological infrastructure of carbon markets, Puro.earth is delivering the transparency and operational capacity essential to making carbon dioxide removal (CDR) a credible and investable solution in both carbon and financial markets.”
Puro.earth developed the first standard dedicated to engineered carbon removal in 2019 as part of Fortum’s Innovation & Venturing unit. In 2021, Nasdaq became the majority owner of the company. To date, Puro.earth has issued more than 1 million CO2 Removal Certificates (CORCs) - more than any other engineered CDR standard and registry to-date.
About Puro.earth
Puro.earth is the world's leading carbon-crediting platform for durable carbon dioxide removal (CDR). Via the Puro Standard’s rigorous carbon credit methodologies, suppliers that remove carbon dioxide from the atmosphere to durable storages for at least 100 years are certified and issued CO2 Removal Certificates (CORCs) into the transparent Puro Registry. CORCs are then purchased by ambitious corporations like Microsoft, Shopify, and Zurich Insurance, to help address climate change and neutralize residual carbon emissions. In 2021, Nasdaq acquired a majority stake in Puro.earth and together are driving forward the carbon removal industry — enabling new revenue streams and accelerating climate action.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
About Fortum
Fortum is a Nordic energy company. We generate and deliver reliable energy to our customers and the Nordic energy system while at the same time helping industries decarbonise their processes and grow. Our core operations comprise efficient and best-in-class low-carbon power generation, customer services, and heating and cooling. Fortum’s power generation is already
Fortum Innovation & Venturing
Fortum Innovation & Venturing is focused on identifying and supporting breakthrough entrepreneurs, startups, and technologies that aim for a carbon-neutral future. Our investment portfolio includes companies that focus on solutions for flexibility, storage, optimisation, and emerging technologies that contribute to low-carbon energy and the decarbonisation of customers, industries, and societies.
Media inquiries
Puro.earth
Cognito Media: puroearth@cognitomedia.com
Nasdaq
Maarit Bystedt, +358 9 6166 7274, maarit.bystedt@nasdaq.com
Fortum
Fortum Media Desk, +358 198 2843
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FAQ
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What will Puro.earth use the Series B funding for?
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