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Plenty of major corporations have announced net-zero emissions targets. Those are the companies Greenly has targeted. It takes that information and, coupled with its own data and algorithms, calculates carbon emissions by category and scope for customers. It came into the round with an advantage: it’s applying SaaS to climate tech, and SaaS a business model that’s well understood. But it does suggest that venture investors are warming to climate tech more broadly, proving that there’s a market for businesses focused on sustainability.