ClimateCamp funding news – Antwerp-based ClimateCamp Raises €3.5Million in Seed Funding

A recent investment round led by Expon Capital and backed by a mix of private equity and governmental grants from VLAIO, Luxembourg’s Ministry of the Economy, KBC, PMV and Birdhouse Ventures fuels the expansion of their platform.

Since its launch in 2022, the company has experienced rapid growth and currently supports over 800 companies actively sharing data on the platform, and a goal to hit 2000 by the end of the year.

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It started out by focusing on reducing emissions in the brewing industry, but rapidly evolved to serve adjacent sectors such as other food manufacturers and packaging companies.

For most businesses, over 85% of emissions come from their value chain, making supplier collaboration essential. To drive effective reductions, companies must engage suppliers in calculating emissions, setting targets, and implementing reduction strategies—a principle echoed by the Science-Based Targets initiative (SBTi). A clear focus on supplier engagement and collaborative decarbonization, is exactly what sets ClimateCamp apart from industry peers.

To accelerate emission reductions and meet the ambitious targets needed to combat climate change, ClimateCamp empowers its customers to build a network of suppliers, customers, and partners—enabling collective action to emissions reduction that goes beyond what any single company can achieve alone.

Using AI, they automate the pre-loading and processing of sustainability data, while also ensuring quality by having their team personally engage each supplier in a 30-minute call.

ClimateCamp is now gaining momentum to scale, but the road ahead remains challenging. EU legislators have recently signaled a potential rollback of CSRD reporting requirements, while the U.S. has taken steps to withdraw from the Paris Agreement. In response, the sustainability community is increasingly shifting focus from compliance-driven reporting to tangible emissions reduction—a movement that ClimateCamp helps enable. 

Despite an evolving regulatory and political landscape, the demand for carbon footprint calculations and emissions reductions remains strong. While reporting requirements primarily apply to larger companies, the ripple effects of CSRD extend throughout their value chains.

At the same time, frameworks like SBTi and market forces—such as access to green financing and carbon pricing mechanisms like ETS and CBAM—continue to push businesses to take action. With climate change remaining a global priority, ClimateCamp is committed to accelerating progress in this space.

Marc Gendebien, Managing partner Expon Capital said, “We're investing in ClimateCamp because tackling Scope 3 emissions is one of the biggest challenges in sustainability, and they’ve built a smart, scalable way to solve it. Their platform gets suppliers on board quickly, makes carbon tracking easier, and helps companies turn sustainability goals into real action. We’re excited to support their journey with the Digital Tech Fund”.

Stijn Gysemans, co-founder & CEO of ClimateCamp , “ClimateCamp is the best platform to engage with suppliers at scale—our goal is to bring 1 million companies together by 2030 to collaborate on climate targets, joint action plans, and real emissions reductions."

About ClimateCamp

ClimateCamp was founded by Stijn Gysemans, Vitalie Schipou, Laurent Moyersoen and Ruben Pelckmans. Today, ClimateCamp has grown into a team of over 18 employees, operating across Belgium and Luxembourg.