Ofload raises $31M to support new supply chain analytics platform

June 5, 2024

The newly launched Carbon Analytics Platform (CAP) is Australia’s first fully automated solution for companies to measure carbon output through their supply chain. To launch the product, Ofload closed a $31 million financing deal, led by Yarra Capital Management with King River Capital and Jungle Ventures also reinvesting. The latest funding round values Ofload at $350 million, which is a value increase of more than 200 per cent in under two years.