Kita today announces a highly over-subscribed £4m seed funding round led by Octopus Ventures, alongside existing investors Insurtech Gateway, Carbon13 and Climate VC, and new investors Chaucer Group and Hartree Partners.Kita is the carbon insurance specialist; helping reduce risk in carbon credit transactions with insurance products that safeguard the quality and performance of carbon purchases. The goal is to enable more upfront financing so carbon removal solutions can access greater flows of consistent capital and scale their impact faster. "To prevent the worst impacts of climate change, we must remove gigatons of CO2 from the atmosphere annually for the remainder of the 21st century. This is a mammoth task, and it requires de-risking and access to capital for carbon removal solutions. Insurance can act as a fundamental enabler - by removing risk and increasing trust in the market, insurance will help drive capital to help quality carbon removal projects scale.  Kita’s passion is developing these insurance products and we are delighted to be bringing our first product, Carbon Purchase Protection Cover, to market.” Natalia Dorfman, CEO and Co-Founder, KitaExciting stuff - we love Kita and all that you're doing 🌎Congratulations to the entire team 🙌