Isometric's $50M Series A: The AI Certifier Rewriting Industrial Trust

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Isometric, a London-based industrial certifier, just closed its Series A at $50 million. With backing from ICE and a customer list including Microsoft and Boeing, the company is expanding beyond carbon removal into the broader industrial economy.

### The $50 Million Bet That Industrial Claims Can Be Trusted London-based Isometric just closed its Series A at $50 million. That's a big number for a company whose job is, essentially, checking other people's homework. But when you realize that industrial claims about carbon removal and emissions are the foundation of trillion-dollar markets, the number starts to make sense. Isometric certifies industrial claims that customers, investors, and regulators rely on but can't verify themselves. Think of it like a credit rating agency for the planet. Except instead of grading bonds, it's grading whether a company actually removed the carbon it said it did. ### How Isometric Actually Works Founded in 2022, Isometric built an AI-powered platform called Certify. It works alongside independent verifiers to review every data point behind a claim. Every certificate gets published on Isometric's public Registry, along with the underlying data, calculations, and evidence. No black boxes. No "trust us." > "Provable output is financeable output. Our AI agents check every data point behind an industrial claim, turning it into a verified asset." โ€” Eamon Jubbawy, CEO of Isometric That quote gets to the heart of it. In carbon markets, trust is the bottleneck. If buyers can't verify what they're paying for, the whole market stalls. Isometric's pitch is simple: make verification so rigorous and so transparent that the market can finally scale. ### The Investors Behind the Round This latest tranche of roughly $10 million brings total funding across Seed and Series A to $75 million. The round attracted some heavy hitters: - Intercontinental Exchange (ICE), the company that runs major global exchanges - Acario Innovation, the corporate venture arm of Tokyo Gas - BY Venture Partners - Dubai Future District Fund - Earth VC - Motion Ventures - One Capital - Plug and Play - Verb Ventures - Max Junestrand, founder of Legora ICE's involvement stands out. Gordon Bennett, Managing Director of Utility Markets at ICE, explained why: "We believe analogue markets can be transformed through digital infrastructure, and that the partners and platforms we back will define the next chapter of environmental markets." ### Beyond Carbon Removal Isometric started with carbon removal, where it's been contracted to certify over 16 million tonnes. That's more than any other certifier in the world. But the company has since expanded into industrial emissions, energy, fuels, and materials. Its customer list reads like a Fortune 500 reunion: Microsoft, Anglo American, Boeing, JPMorgan Chase, and more than 200 projects worldwide. These aren't small players dipping a toe in. They're companies with real regulatory exposure and real reputational risk. ### The Broader 2026 Funding Wave Isometric isn't alone. European companies working on carbon certification, measurement, and industrial decarbonization have been on a tear in 2026: - Equitable Earth (Paris) raised $14.5 million for carbon-project certification - Seqana (Berlin) raised $3.7 million for digital MRV - Proba (Amsterdam) raised $1.4 million for Scope 3 certification - D-CRBN (Antwerp) raised $20.1 million for industrial COโ‚‚ conversion - MAECONOMY (Netherlands) raised $1.7 million for circular building materials - Cocoon Carbon (London) raised $15 million for lower-carbon cement substitutes Together, these six rounds account for roughly $56 million in disclosed funding, or about $67 million when Isometric's latest tranche is included. That's not a niche anymore. That's an ecosystem. ### Why This Matters for the U.S. Market American companies are major buyers of carbon removal and industrial certifications. Microsoft, Boeing, and JPMorgan Chase are already Isometric customers. As U.S. regulations around emissions disclosures tighten, the demand for verifiable industrial claims will only grow. Isometric's partnership with ICE signals something bigger: the financialization of environmental data. If ICE can bring the same infrastructure it built for global markets to industrial verification, the result could be a new asset class. One where a tonne of carbon removed is as tradable and trustworthy as a barrel of oil. That's the vision. And with $50 million in fresh backing, Isometric is now positioned to execute on it.