Paris, France - Riverse, a leading provider of environmental services in Europe, is delighted to announce the successful completion of its recent funding round, raising an impressive $1,607,000. The round was led by renowned investors Speedinvest, TWAICE, 1.5° Ventures, and OakTree Power. The funding will be instrumental in furthering Riverse's mission to empower small and medium-sized GreenTech companies (SMEs) by providing them with efficient access to the voluntary carbon market.

Riverse, co-founded by Ludovic Chatoux, is headquartered in the vibrant Paris area of France. The company has emerged as a key player in the environmental services industry, revolutionizing the process of issuing carbon credits through its innovative solutions. Riverse has developed a cutting-edge carbon credit standard and an in-house tech platform to digitize the entire measurement, reporting, and verification (MRV) process, streamlining the path for SMEs to earn additional revenue through the voluntary carbon market.

The core features of Riverse's proprietary technology include a comparative life cycle assessment, enabling the determination of the environmental impact of each project. A comprehensive digital report is then generated and securely transmitted to independent third-party auditors for credit validation.

Ludovic Chatoux, Co-Founder of Riverse, expressed his excitement about the recent funding round, stating, "We are thrilled to have the support of esteemed investors who share our vision for a greener future. This funding will allow us to expand our reach, enabling more GreenTech SMEs across Europe to participate in the voluntary carbon market and generate sustainable growth."