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Effective today, The ROBERT | CHARLES Group is discontinuing our postings and links to content and news for investing in worldwide cap and trade and sustainable energy markets. This blog will be phased out in the coming days and weeks.

Wednesday, June 13, 2012

Get-Neutral App Seeks Cash to Highlight Climate Harm

Get-Neutral App Seeks Cash to Highlight Climate Harm - Bloomberg
Get-neutral GmbH, a startup company with a mobile phone application displaying carbon footprint information about products that allows users to offset CO2 emissions, is seeking funding to grow across Europe.  The six-month-old company is looking to get 1.5 million euros ($1.9 million) by the end of this year to boost operations in Germany, Switzerland, Austria and Luxembourg.  Get-neutral will seek as much as 6 million euros in a further round of funding in the second quarter of next year.  “We have to make money and we want to grow fast,” co- founder and Chief Executive Officer Holger Rupp said in a June 8 telephone interview from Reutlingen, Germany. “We can only have an impact against climate change if we grow fast and reach the mainstream population.”  Venture capital and private equity companies put $1.15 billion into new clean energy investments last year as innovators race to find solutions to curb climate-harming emissions, according to Bloomberg New Energy Finance. The mobile apps market may reach $27 billion by 2015, according to Constellation Research Inc., an early-start technology adviser in San Francisco.

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