Marli X Techstars
Marli is finally becoming a Techstars portfolio company! And we’re super excited about it!
Throughout the past 8 months we’re grown from a Founder with an idea to a start up funded by one of the most reputable global accelerators and we’re super proud of it!
When we started back in August 2021 in Melbourne, Australia the city was still under a hard lockdown. In fact, more than 9 months out of the prior 18 months we’ve spent in lockdowns. For most of that time, we couldn’t leave the country, the city, our neighbourhood (5km radius) and our houses after 9pm! It was unbearable to say the least!
We’ve started using the free time we had to explore the carbon markets with the intention to offset our personal emissions. However, this supposedly simple exercise turned into one of the most complex buying processes we’ve ever seen! We ended up calling/emailing 20+ companies to source offsets. Then we had to negotiate pricing, contract terms and once we received the carbon credits, we still didn't know the actual quality of offsets. So the question was whether we can reduce the 2–3 months time it takes for businesses to identify environmental projects and buy carbon offsets? After a lot of researched, the answer was a clear YES!
Using a unique mix of blockchain, crypto and artificial intelligence we make it easy for businesses and consumers to select offsets and reduce emissions within a few seconds. We analyse every single token and ensure that only the ones achieving a high standard are listed on the platform. Blockchain provides full transparency and a public retirement register prevents double spending of tokens and their underlying carbon assets.
Marli has been accepted by Techstars and has become a portfolio company. Over the next three months, we will be spending in-person time in Boston, Massachusetts to receive intensive mentorship and coaching to accelerate the business and build long-term strategic partnerships. Techstars has also invested in our businesses twice and we’re proud to call them strategic shareholders.
Stay tuned for further updates from us!
