Kita

company

About

Kita is a carbon insurance company that offers a portfolio of carbon insurance products that cover the risk spectrum in the carbon markets.

  • Worcester,Worcestershire,United Kingdom
  • 11 - 50

Details

Last Funding Type
Pre-seed
Last Funding Money Raised
£350K
Industries
CleanTech,GreenTech,Insurance
Founded date
Dec 5, 2021
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Kita Earth Limited
Also Known As
Kita Earth

Kita is a carbon insurance company that offers a portfolio of carbon insurance products that cover the risk spectrum in the carbon markets.

The climate crisis requires carbon sequestration solutions to remove carbon from the atmosphere. Unfortunately, these solutions lack insurance for their key asset - carbon offsets sold within the voluntary carbon markets. This gap contributes to an environment of uncertainty, holding back development, investment, and the ability to scale these solutions at speed to achieve the necessary climate impact.

Kita uses parametric insurance products that address challenges by guaranteeing the quality and delivery of carbon offsets and negative emission technologies. By removing risk on both sides of the carbon transaction, Kita will accelerate the development of high-quality solutions to fight the climate crisis.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
£4.35M
Kita has raised a total of £4.35M in funding over 2 rounds. Their latest funding was raised on Feb 22, 2023 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 22, 2023 Seed £4M 6 Octopus Ventures Detail
May 20, 2022 Pre-seed £350K 3 Insurtech Gateway Detail

Investors

Number of Lead Investors
Number of Investors
2
7
Kita is funded by 7 investors. Octopus Ventures and Carbon13 are the most recent investors.
Investor Name Lead Investor Funding Round
Octopus Ventures Yes Seed
Carbon13 Seed
Chaucer Group Ltd Seed
Climate VC Seed
Hartree Partners Seed
Insurtech Gateway Seed
Echelon Capital Pre-seed

Employee Profiles

Number of Employee Profiles
3
Kita has 3 current employee profiles, including Executive Natalia Dorfman
Executive
Executive
Executive