Olive Gaea Secures $1 Million Funding for Automated Climate Solutions

Dubai-based climate-tech startup, Olive Gaea, has announced the successful acquisition of $1 million in funding led by Cornerstone Ventures. The company is dedicated to advancing automated climate solutions and addressing the pressing issue of climate change. With global concerns about climate change on the rise, Olive Gaea is poised to lead the way in pioneering climate solutions.

Olive Gaea operates at the intersection of ESG and climate-tech, offering AI-driven solutions that enable corporate climate action and reduce carbon emissions. Their 'Zero by Olive Gaea' SaaS platform is specifically designed to help businesses navigate Net Zero and carbon management challenges, particularly as Net Zero targets gain prominence globally.

The funding will support the official launch and expansion of the 'Zero by Olive Gaea' platform, extending the company's market presence across the GCC, MENA, and India. Olive Gaea aims to provide comprehensive support to clients in various industries and simplify the journey to achieving Net Zero with their Carbon Management and Accounting Platform (CMAP).

Olive Gaea, founded in Q1 2022, has also introduced a Carbon Neutral Delivery API solution for e-commerce companies, enabling them to calculate and offset emissions associated with last-mile delivery through certified carbon offsetting projects.