dClimate's blockchain-based marketplace allows users to both purchase third-party climate data necessary for decision-making as well as sell proprietary climate data for decision makers. The company claims to be the first decentralized climate data platform. The dClimate platform is built on Polygon, a carbon neutral decentralized Ethereum platform. The company also leverages Chainlink’s (a tamper-proof inputs and outputs provider) decentralized oracle network for data validation and governance. In October 2022, the company announced the launch of Zarrchitecture on dClimate, the company's new API solution. As of November 2022, the company’s marketplace was yet to be launched, with plans for Q4 2022.
Key customers and partnerships
In September 2022, dClimate acquired Oasis Hub, an environmental service agency. The acquisition was expected to add thousands of environmental and climate datasets and tools under dClimate’s portfolio and provided access to the latter’s 1500+ global data community. During the same month, dClimate partnered with Hyphen, a decentralized oracle network, to integrate Hyphen emissions data for dClimate’s platform. In March 2022, dClimate collaborated with the University of Namibia to develop a blockchain-native registry to quantify Namibia’s green hydrogen projects. In June 2024, the company also partnered with global IT services company Tata Consultancy Services (TCS) to integrate its Aegis climate risk assessment platform into TCS' Intelligent Urban Exchange (IUX) for AI-driven sustainability decisions.
Funding and financials
In April 2021, dClimate raised USD 3.5 million in a seed funding round led by CoinFund. The proceeds raised were to be used to fund the development of dClimate’s decentralized network by investing in team and business expansion.
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