Nori
Company

Last deal

$6.2M

Amount

Venture - Series Unknown

Stage

06.06.2023

Date

7

all rounds

$19.9M

Total amount

General

About Company
Nori is a carbon dioxide removal marketplace that aims to reverse climate change.

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Also Known As

Nori

founded date

01.01.2017

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Nori is a Seattle-based company that operates a blockchain-based marketplace connecting carbon removal suppliers with buyers worldwide. The platform enables farmers to remove carbon from the atmosphere through sustainable farming practices, which is then quantified and verified by an independent third party before being listed in the marketplace. Buyers can purchase ownership of carbon removals and receive a certificate for the same, allowing businesses and individuals to take direct action in removing excess carbon dioxide from the environment. Nori's mission is to remove enough carbon dioxide from the atmosphere to lower the overall concentration of CO2 below 300 parts per million, and they offer a maximally efficient method of coordinating the financial incentives of all parties involved in reversing climate change.
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