Untapped Ventures Invests in Sluicebox to Revolutionize Sustainability in the Electronics Industry
Transforming Sustainability in Electronics with Real-Time Carbon Intelligence
As the world accelerates its transition towards a low-carbon future, the electronics industry faces a critical challenge: obtaining accurate, real-time data on the carbon footprint of their products and supply chains. This information has traditionally been time-consuming and costly to obtain, creating roadblocks for companies seeking to comply with emerging sustainability regulations and meet their own environmental goals.
Enter Sluicebox, a pioneering startup that is revolutionizing the way businesses approach sustainability in the electronics sector. Founded by a team of experts in climate tech, sustainability, and cutting-edge AI/ML, Sluicebox has developed an industry-first API solution that provides instant, scientifically-vetted carbon intelligence data for millions of electronic components.
And in a game-changing move, Sluicebox has just announced a new partnership with Luminovo, a leading SaaS company building the copilot for the electronics supply chain. This collaboration will revolutionize the way electronic manufacturers and designers manage new sustainability requirements globally by providing instant carbon footprint estimates not only for individual electronic components, but also printed circuit boards (PCBs), and whole assemblies.
Led by CEO Elmar Kert, Sluicebox is on a mission to democratize access to comprehensive carbon footprint data. The company's platform empowers engineers to instantly evaluate the environmental impact of their product designs, prioritize eco-friendly parts, and gain critical supply chain insights to future-proof their offerings.
Sluicebox's extensive data covers over 90% of all globally available electronic components, with methods adhering to European Sustainability Reporting Standards (ESRS) and leveraging primary data down to the node technology level. By combining this rich dataset with innovative machine learning and language models, Sluicebox has built a scalable solution that can calculate emissions in real-time as needed, without the prohibitive costs of pre-computing all components.
This approach has enabled Sluicebox to rapidly scale, going from 0 to 223,000 API pulls in just two months. But more importantly, it's providing companies with the critical insights they need to navigate the increasingly complex landscape of sustainability regulations and emissions reporting requirements.
At Untapped Ventures, we are passionate about backing transformative technologies that drive meaningful impact. Sluicebox's vision for empowering businesses to prioritize sustainability in their design and sourcing processes aligns perfectly with our mission. We're thrilled to partner with Elmar Kert, Sarah Tang, Emi Ayada, and the rest of the Sluicebox team as they work to revolutionize the electronics industry.
With their recent funding round, Sluicebox is poised to accelerate the development of their platform and expand their reach across the global electronics supply chain. By democratizing access to carbon footprint data, they are enabling companies to efficiently meet regulatory requirements, improve their sustainability ratings, and position themselves as true innovators in the low-carbon economy.
Welcome to the Untapped Ventures family, Sluicebox! We can't wait to see the impact you'll have as you continue to power a more sustainable future for the electronics industry.