Expecting $21 Million in Revenue This Year… 88% from Overseas Draws Attention

CnerG's main source of revenue comes from trading carbon credits and RECs. It is a structure in which companies receive transaction fees when trading carbon credits and RECs within the platform that CnerG has established. Last year, CnerG succeeded securing a large number of domestic and foreign users. 2024's sales increased more than six times from 2023.

RE100 Enabler for Corporations, Dreaming of Being the Palantir of the ESG Market

For global companies, achieving NetZero and RE100 is no longer an option but a mandatory requirement. Countries around the world are preparing regulatory environments including the European Union's Carbon Border Adjustment System (CBAM), the U.S. mandatory disclosure of climate information, and Korea's K-ESG guidelines. Big tech companies such as Apple, Microsoft, and Google demand renewable energy transition across their supply chains.

How Digital Tools Help Corporations Decarbonize Supply Chains

For large corporations with complex vendor networks, decarbonizing the supply chain remains one of the most difficult aspects of achieving climate goals. While many organizations have set ambitious net-zero targets, few have actionable plans for Scope 3 emissions—the indirect emissions that occur across a company’s value chain.

CnerG and Singapore's Gashub Sign Carbon Offset MOU Agreement

CnerG, a platform for trading environmental commodities, is expanding its carbon-neutral solutions through partnerships with global energy companies. The company aims to broaden its client base by offering integrated solutions, including supplying renewable energy certificates and various types of carbon credits. According to venture capital (VC) industry sources on the 3rd, CnerG recently signed a Memorandum of Understanding (MOU) with Gashub, a leading LNG company and subsidiary of H2G Green Limited in Singapore. Through this partnership, CnerG will supply carbon credits to Gashub, supporting carbon neutrality within the LNG supply chain.

Carbon Neutrality Solutions Firm CnerG Secures 13.2 Billion KRW in Bridge Round Investment

CnerG, a global carbon neutrality solutions company, announced on the 22nd that it has successfully closed its bridge round, securing 13.2 billion KRW in investments. CnerG started as a clean energy procurement solutions provider and has since expanded its business to include carbon accounting and ESG supply chain management solutions. It has transformed into an 'all-in-one' carbon neutrality solutions company, demonstrating rapid growth potential. This performance enabled CnerG to achieve successful fundraising despite the overall challenging investment environment. The bridge round included support from previous investors KB Investment, Hana Ventures, BNK Venture Capital, and iM Investment Partners, along with new investments from SGC Partners, K-R Ventures, Brite Energy Partners, Hanwha Investment & Securities, Samho Green Investment, and Astone Ventures. The company received strong evaluations from both existing and new investors.