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.