
Optera, a Boulder-based climate tech company, recently announced a $12 million Series A funding round led by Next Frontier Capital. This funding comes at a time when the Securities and Exchange Commission and the European Union are issuing climate disclosure rules, and companies around the globe are working to decarbonize and reduce risk in their operations and value chains.
Optera’s carbon management platform helps companies to reduce the climate impacts of their operations, supply chains and products. It currently tracks emissions associated with more than $180 billion in supply chain spend and provides customers with individualized support.
The company expanded its team by over 250 percent and quadrupled the size of its customer base in 2022. Its platform serves names like Dell and Williams Sonoma. With its new funding, Optera will accelerate product innovation and grow the sales and marketing teams.