Karbon-X Secures $25 Million to Boost Climate Solutions

Karbon-X Corp., a company specializing in climate solutions operating in both compliance and voluntary carbon markets, has announced it has secured access to up to $25 million in discretionary financing. This strategic funding aims to enhance the company's flexibility in scaling its platform and deepening market involvement as global carbon markets mature.

The financing will support Karbon-X's growth strategy, focusing on organic growth initiatives and potential acquisitions while maintaining operational efficiency. CEO Chad Clovis emphasized that this capital will help scale successful business areas and align with long-term value creation goals.

Patrick Hassani of Mast Hill Fund expressed support for Karbon-X's vertically integrated platform, noting its importance in the evolving climate markets. Buckman, Buckman & Reid, Inc. acted as Karbon-X's investment advisor for this transaction.