Coral

‍Dubai, UAE — 23 September 2024 — Coral, a UAE-based pioneering climate tech startup specializing in carbon emission management and offsetting solutions, announced today the successful closure of its seed round, securing $3 million in funding. The round was led by a group of seasoned tech investors with a cumulative 40 years of experience in the sector.

The eyes of the world will be on Dubai in December 2023 as the city hosts COP28, the 28th annual UN climate change conference. As a startup focused on bringing transparency and trust to carbon markets, Coral is honoured to participate in this event and connect with like-minded leaders and organisations looking to usher in an equitable energy transition.

From Climate Change to Climate Crisis: Amidst growing global concerns and a sense of helplessness, Coral emerges as a beacon of hope. Offering full transparency in the carbon market, Coral ensures trust, veracity, and empowers individuals and organizations to take climate action responsibly. Together, we can make a difference.