Emissions management specialist Carbon Hub has raised €1 million (£900,000) from Seventure Partners and a number of business angels.

Emissions management specialist Carbon Hub has raised €1 million (£900,000) from Seventure Partners and a number of business angels.

The company, which helps its clients manage their carbon footprint through web-based tools, will use the funding to expand its existing business in Europe.

Ronan Kerouedan, founder of Carbon Hub, says, ‘We now have the means to fulfil our ambitions to transform Carbon Hub into the market leader of sustainability management solutions.’

Carbon Hub, a French company with a London-based subsidiary, launched its platform in September last year and numbers organisations such as French postal service La Poste Courrier and Kent County Council among its clients.

Seventure Partners is a subsidiary of investment firm Natixis Private Equity.