Scope3 Secures $25M to Tackle AI's Environmental Impact

Jun 5, 2025
Scope3 has raised $25 million in funding led by GV to expand its sustainability efforts into the AI industry, aiming to reduce carbon emissions associated with AI technologies.

Scope3 has raised $25 million in new funding, led by GV, to expand its sustainability initiatives into the AI sector, announced in a press release. The funding round also saw participation from existing investors Venrock, Room40 Ventures, and Craft Ventures, along with new investors Aperiam Ventures and Virgo Strategic Investments.

Since its inception in 2021, Scope3 has focused on decarbonizing the media and advertising industries. The company now plans to apply its proven methodologies to the AI industry, which is facing increasing scrutiny over its environmental impact. The training of AI models is known to consume significant amounts of electricity and emit substantial carbon emissions.

Scope3's new funding will support the release of its open-source AI methodology, designed to trace and measure the environmental impacts of AI products and services. This initiative aims to help companies using AI make informed decisions to reduce their carbon footprints while maximizing the effectiveness of their AI investments.

We hope you enjoyed this article

Consider subscribing to one of our newsletters like Enterprise AI Brief, AI Funding Brief or Daily AI Brief.

Also, consider following us on social media:

Enterprise AI AI Funding News AI Brief AI Brief (X)
Free newsletter

Enterprise AI Brief

Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.

AI Token Webinar

Market report

2025 Generative AI in Professional Services Report

Thomson Reuters

This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.

Read more

You may also like

Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.