ACE Ventures Welcomes Pledge to its Portfolio

By participating in Pledge’s recent $10 million Series A funding round, ACE Ventures has partnered with a dedicated team led by David de Picciotto, focused on addressing one of the world’s most critical challenges—the reduction of greenhouse gas emissions in the supply chain and logistics industry.

Pledge’s solution revolutionizes carbon reduction by equipping supply chain leaders and freight forwarders with tools to comprehend, control, report, and eliminate emissions, positioning them as leaders in the fight against climate change.

The Series A funding round for Pledge was led by Zinal Growth, a testament to their belief in Pledge’s mission. Other notable investors, including Base Partners, joined this round. Additionally, long-standing supporters of Lower Carbon Capital and Visionaries Club reaffirmed their commitment to Pledge. The collective support from these industry leaders demonstrates confidence in Pledge’s ability to bring about transformative change.

Pledge is poised for accelerated growth and the investment will fuel the further development of its platform and expand its carbon removal marketplace to include insetting solutions. Having already grown to over 20 employees since its inception in 2021, Pledge is well-positioned to make significant strides in decarbonizing logistics and raising sustainability standards.