December 22, 2024
Startup Updates

Fitsol Raises $1 Million in Seed Funding to Accelerate Decarbonization for Manufacturers

Fitsol, a climate-tech startup focused on decarbonizing the manufacturing sector, has successfully secured $1 million in its seed funding round, led by Transition VC.

The funds will be used to enhance the AI capabilities of its platform, Kyoto, which provides advanced analytics for lifecycle assessments and product carbon footprints. Fitsol also plans to grow its team in technology, business development, and customer success.

Founded in 2022, Fitsol’s platform helps manufacturers measure, track, and reduce their carbon emissions. Its AI-powered tools allow companies to address Scope 1, 2, and 3 emissions, offering a comprehensive sustainability marketplace with solutions for green logistics, sustainable packaging, waste management, and carbon offsetting.

By enabling cost-effective carbon reduction, Fitsol has already delivered 15-20% savings across projects for major clients, including JK Tyre, Rockman Industries, and Musashi, while supporting the supply chains of prominent automotive brands such as Mahindra and OLA Electric. With this funding, Fitsol aims to expand its impact and support businesses in reaching net-zero goals more effectively.