ClimateCamp, a platform helping companies reduce Scope 3 emissions, has raised €3.5 million in a seed funding round led by Expon Capital. The round also includes support from VLAIO, Luxembourg’s Ministry of the Economy, KBC, PMV, and Birdhouse Ventures, combining private equity and governmental grant funding.
This latest injection of capital will accelerate ClimateCamp’s platform development and supplier engagement strategy, reinforcing its mission to drive emissions reductions through collaborative value chain action.
For many businesses, more than 85% of emissions originate from their supply chain. While reporting requirements continue to evolve, demand for tools that enable actual reductions is rising. ClimateCamp sits at the center of this shift—moving beyond compliance to empower companies to work directly with suppliers, set targets, and track progress.
“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.,” said Marc Gendebien, Managing Partner at Expon Capital. “Their platform gets suppliers on board quickly, makes carbon tracking easier, and helps companies turn sustainability goals into real action..”
The new capital will allow ClimateCamp to expand its platform, streamline data collection using AI-powered automation, and continue its human-centered approach—each supplier is onboarded through a 30-minute personal call. The company also plans to broaden its reach and refine tools that help businesses build joint decarbonization strategies with partners and vendors.
ClimateCamp’s goal is to onboard 2,000 companies by the end of 2025—up from the 800 currently active on the platform. Their long-term ambition is even bolder: to enable 1 million companies to collaborate on emissions reduction by 2030.
Founded in 2022, ClimateCamp initially focused on decarbonizing the brewing industry. Over time, its solution has attracted adoption across adjacent sectors such as food manufacturing and packaging—industries where value chains are complex and emissions data is notoriously difficult to gather.
“ClimateCamp is the best platform to engage with suppliers at scale—our goal is to bring 1 million companies together by 2030,” said Stijn Gysemans, co-founder and CEO.
The founding team includes Stijn Gysemans, Vitalie Schiopu, Laurent Moyersoen, and Ruben Pelckmans. Today, the company operates with a team of 18 people across Belgium and Luxembourg.
The fundraising comes at a moment of uncertainty in climate regulation. EU policymakers are considering softening CSRD reporting mandates, while in the U.S., political signals suggest a step back from climate agreements. Amid these changes, the sustainability conversation is shifting from mandatory disclosures to measurable impact.
Even if regulations fluctuate, businesses still face pressure from frameworks like SBTi, carbon pricing mechanisms such as ETS and CBAM, and the growing need to qualify for green financing. ClimateCamp is positioning itself as the go-to platform for organizations that want to move from reporting to results.
The round highlights growing interest in climate tech platforms focused on Scope 3. Alongside lead investor Expon Capital, the round attracted both private sector participants (KBC, PMV, Birdhouse Ventures) and government agencies (VLAIO and Luxembourg’s Ministry of the Economy).
