Greenbang logo

Car carbon counters Lysanda net £1.25m from VCs

By jumperhead on Wednesday, 21st May 2008

reporting.jpg“Umm, I’m telling on you!” was a common refrain in Greenbang’s school days. The threat of grassing up a fellow pupil to the teachers would be enough to strike terror into the stoutest of prepubescent hearts. It must be a feeling familiar to carbon spewing cars and lorries these days. If they so happened to be sentient. Hey, it worked for the Transformers.

The folks over at Lysanda make software that tracks the carbon emissions and fuel efficiency of fleet cars and then shares all the details with drivers via an in-cab display or sends it back to base over mobile networks. As a result, environmentally questionable vehicles can be dobbed in to fleet management for correction, or companies can gather in all the data for CSR purposes, or just have a read and see how attempts to turn their carbon footprint into a dainty size 3 are going.

Lysanda’s efforts have attracted the eye of VCs of late. The company has just revealed that its finished its second round of VC funding, and pulled in £1.25 million of investment in a round led by the likes Logispring.

And what Lysanda do with all the cash? It says the funding boost will see it get its carbon monitoring system, Eco-Log, into production this year.

Tags: , , , , ,

READERS COMMENTS - Have your say...




Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

Additional comments powered by BackType


RELATED NEWS

LATEST HEADLINES

Bloomberg: Renewables spending needs to reach $500bn by 2030 thumbnail

Bloomberg: Renewables spending needs to reach $500bn by 2030

Global spending on renewable energy projects could more than double by 2030, but
The Grumpy Environmentalist: The woes of waste thumbnail

The Grumpy Environmentalist: The woes of waste

There is plenty to be grumpy about when it comes to waste disposal
CO2 doesn’t stop at the border; Neither should energy policies thumbnail

CO2 doesn’t stop at the border; Neither should energy policies

Once upon a time, climate change felt like a distant threat on the
‘Frog foam’ could enable carbon capture, easier biofuels thumbnail

‘Frog foam’ could enable carbon capture, easier biofuels

What can frogs teach us about solar power, biofuel
Addicted to oil in a warming world? Blame the human brain thumbnail

Addicted to oil in a warming world? Blame the human brain

Never mind political differences, the rich-vs-poor divide or the
Arctic explorers set off on 500-km climate trek across sea ice thumbnail

Arctic explorers set off on 500-km climate trek across sea ice

A three-person team led by British explorer Ann Daniels