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Cavex

Cavex’s cloud platform ensures transparent climate finance by connecting carbon buyers with verified projects, directly supporting vulnerable communities, and maximizing impact through climate science and smart financing.
2021
2-10
Cambridge, Massachusetts, United States

https://www.cavex.io/

Carbon CaptureSustainability
Innovation
Investment Funding
Products
Future Plan
Awards and Recognitions
M&A and Collabs
News

Innovation

Industry Problem

Cavex tackles the lack of transparency and inequitable distribution of climate finance, ensuring vulnerable communities in low-income countries receive direct support for impactful carbon removal projects.

R&D Focus

Cavex’s R&D focuses on developing digital platforms that enhance transparency and integrity in carbon markets, designing innovative and inclusive climate financing solutions. Their niche lies in enabling small-scale carbon removal projects in low-income and climate-vulnerable regions to access funding efficiently while measuring real-time environmental and socioeconomic impacts.

Innovative Solution

Cavex uses a cloud-based digital platform that connects carbon buyers directly with verified carbon projects in vulnerable regions. This platform ensures full transparency, data accuracy, and end-to-end transaction tracking, enabling efficient, trustworthy climate finance flows. By combining cutting-edge climate science, digital finance, and smart financing models, Cavex maximizes the impact of climate investments while supporting socioeconomic benefits for local communities.

Solution Effectiveness

Cavex’s solution has driven impactful results, including planting 54,800 hectares, removing 2.75 million tons of CO₂, and avoiding 3.56 million tons through clean energy. It has generated over 520,000 tons of biomass, produced 780,000 kWh of solar energy, supported 350,000+ solar water pump users, and created 550 local jobs—showcasing strong environmental and socioeconomic benefits in vulnerable communities.

Investment Funding

Last Funding Stage

Seed

Total Funding Amount

$6.0M

Last Funding Amount

$6.0M

Last Funding Date

October, 2023

Startup Stage

Seed

Lead Investors

E3 Capital, FSD Africa

People

Board Members

  • Paras Patel

Products

Product

– Solar Water Pumps – It provide a clean, off-grid water supply for small-scale farmers in rural areas. – Electric Mobility – Green last-mile delivery to make retail distribution more sustainable. – Agroforestry – Restore biomass and enable carbon removal through local forestry projects. – Clean Cooking – Improve household air quality and reduce deforestation by using clean energy solutions. – Biogas – Replace fossil fuels with biomass for energy access in rural farming communities. – Customer Reviews – NA

Star Product

The star product is the Solar Water Pumps, as they provide clean, off-grid water access to over 350,000 small-scale farmers, reduce reliance on fossil fuels, generate significant solar energy, and deliver measurable environmental and socioeconomic benefits, making them highly impactful and widely adopted.

Demo Product or Complete Product?

Cavex’s initial product was the Solar Water Pump, introduced to provide off-grid, clean water access to small-scale farmers in rural areas. This product addresses the challenge of unreliable water supply by utilizing solar energy, thereby enhancing agricultural productivity and improving livelihoods.

Future Plan

Market Expansion

Cavex aims to scale operations to at least six countries by 2030, with a target of channeling over $500 million in climate finance and offsetting or sequestering 6 million tonnes of CO₂e.

Awards and Recognitions

Media Apperance

– fsd africa – EAVCA

M&A and Collabs

Collab

In collaboration with M-PESA Africa, Cavex is working to streamline financial flows to climate projects, ensuring that funds reach the communities and regions most in need. This collaboration also focuses on enhancing digital monitoring, reporting, and verification (dMRV) frameworks in Kenya’s carbon markets.

Collab

Cavex collaborated with Jory&Co. to develop their brand strategy, visual identity, and website. This collaboration aimed to effectively communicate Cavex’s mission and enhance user engagement through a combination of data visualization and impactful storytelling.

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