Isometric's $50M Series A: The Certification Play Reshaping Industrial Markets

Jan de Vries · 2026-09-15

Isometric just closed its Series A at $50 million (€43 million), and honestly, this isn't just another funding headline. It's a signal that the way we verify industrial claims is about to change in a big way. The London-based certifier announced the raise today, bringing its total funding across Seed and Series A to $75 million (€64 million). That's serious money for a company that started just three years ago. Let me break down what's happening here. The latest tranche adds about $10 million (€8.6 million) to a previous $40 million (€34 million) raise from June. New investors include heavy hitters like Intercontinental Exchange (ICE), 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, and Legora founder Max Junestrand. When ICE — the company that's built infrastructure for the world's financial markets for decades — puts money in, you pay attention. ### Why This Matters for the Entire Industrial Economy Eamon Jubbawy, CEO of Isometric, put it simply: "Provable output is financeable output." That's the whole thesis in five words. His team's AI agents check every data point behind an industrial claim, turning it into a verified asset. Think about that for a second. Right now, companies make claims about carbon removal, emissions reductions, sustainable materials — and customers, investors, and regulators just have to take their word for it. Isometric changes that. Their platform, Certify, works alongside independent verifiers to review the data behind any claim. Every certificate gets published on Isometric's public Registry with the underlying data, calculations, and evidence. It's radical transparency, and it's exactly what the market has been missing. > "ICE has spent decades building the infrastructure the world's financial markets depend on, and they're now backing Isometric to do the same for the industrial economy." — Eamon Jubbawy, CEO of Isometric ### The 2026 Funding Wave Nobody's Talking About Isometric's raise is part of a broader trend. European companies working on carbon certification, measurement, and industrial decarbonization are pulling in serious capital this year. Just look at this list: - Equitable Earth (Paris): $13.7 million (€12.6 million) Series A for carbon-project certification - Seqana (Berlin): $3.5 million (€3.2 million) for digital MRV - Proba (Amsterdam): $1.4 million (€1.25 million) for Scope 3 certification - D-CRBN (Antwerp): $19 million (€17.5 million) for industrial CO₂ conversion - MAECONOMY (Netherlands): $1.6 million (€1.5 million) for circular building materials - Cocoon Carbon (London): $14.1 million (€13 million) for lower-carbon cement substitutes Together, these six rounds add up to roughly $53 million (€49 million) in disclosed funding — or about $63 million (€58 million) when you include Isometric's latest tranche. That's not pocket change. It's a clear signal that the market is waking up to the need for trustworthy environmental data. ### From Carbon Removal to Everything Industrial Isometric started in carbon removal, where it's been contracted to certify over 16 million tonnes — more than any other certifier in the world. But they didn't stop there. They've expanded into industrial emissions, energy, fuels, and materials. Their customer list reads like a who's who of global business: Microsoft, Anglo American, Boeing, JPMorgan Chase, and more than 200 projects worldwide. Gordon Bennett, Managing Director of Utility Markets at ICE, explained why they invested: "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. That belief, combined with Isometric's approach to verification and data integrity, is what compelled us to invest." ### What Comes Next With this fresh capital, Isometric plans to accelerate its expansion across the industrial economy, pairing its AI-powered certification tech with ICE's financial market infrastructure and data expertise. If that combination works the way it sounds, we could be looking at a new standard for how industrial claims are verified and traded. For anyone in the EU startup ecosystem — or just watching how climate tech evolves — this is one to keep on your radar. The companies that figure out verification first will own the next decade of environmental markets. Isometric just bought itself a very strong seat at that table.