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Capital Raise for Clever

In April, we swiftly and successfully closed our first capital raise following Clever's ongoing relationship with Techstars.  We are beyond grateful for the continued support of all our investors.  This new flow of capital has allowed us to make important strides forward as we continue to grow the business.

  • We've benefitted from a groundswell of user activity that keeps our Product team honest by adhering closely to product-market-fit.

  • We've hired 5 new team members across Sales and Product sides of the business.

  • Our premium product has undergone a complete restructuring of its databasesOur data volume and quality already had been the most robust and complete out there but it is now the most dynamic and supple in its organizing structure.

  • Ask us about all our new premium features we're readying for wider release.  We're keeping these close to the vest for now; no one else is doing what we are!


                                                                


Raising the floor, Clever's try-before-you-buy product has set a new industry standard for data available to the public.  Access now the largest structured VCM database, freely available to the public.  Data should be widely available and commonly agreed upon!

  

                                                              



New to the Clever Team

We are thrilled to introduce Dr. Nicholas

Kreston, our new Product Owner/Data Engineer.  Holding both an MPhil and DPhil from Oxford University, Nicholas is a seasoned data scientist and accomplished academic author.  With over a decade of experience in product management and development within geographic analytics roles and insurance markets, he is working with the rest of Clever's Product team to enhance our data offerings to best meet client's specific needs.  Welcome aboard, Nick!




More Data for More Insight

  • Hosting complete information for current projects listed on Clever's platform is in process to ensure clients have access to all the information they need.

  • We are continually adding more data to improve our client's analysis and ability to make data-driven decisions.  Since December we have collected and added data on 6,000+ new projects across the globe.




Current Affairs

Despite it's quiet release, the Science-Based Targets Initiative's long-awaited reports incited strong reactions across the carbon market.  The report outlined that guidance on the use of carbon credits in their Corporate Net-Zero Standard will be studied for another year.  That is, their 2024 guidance on the topic is that they won’t issue guidance before 2025.

 

Contacted by OPIS for comment, the Dow Jones publication reports as follows by Henry Kronk:


Many businesses have found it difficult to meet the organization's targets.  SBTi in March changed the status of 239 companies, including Microsoft, Walmart and Unilever, to "commitment removed.”  Air New Zealand on Tuesday was the latest company to announce it would drop its SBTi commitment.

 

"I absolutely respect a purist and idealistic voice in a conversation,” Clever Offsets CEO Rick Beaumont told OPIS.  "But that voice becomes more and more fringe as it becomes more and more impractical.  The usefulness of that advice in the position they are clinging to is diminishing."

 

SBTi's opposition to the use of carbon offsets for value chain emissions mitigation has muzzled demand in the voluntary carbon market but allowing even a portion of Scope 3 reductions with offsets could bring a flood of buyers to the table, sources have told OPIS.




 

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