When was ACX founded?

ACX was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Where is ACX located?

ACX is headquartered in Singapore, Singapore.

Who is the current CEO of ACX?

Thomas McMahon and William Pazos s of ACX. Thomas McMahon has also founded 1 company.

Which legal entities is ACX associated with?

ACX is associated with AIRCARBON PTE. LTD..

Is ACX a funded company?

ACX is a funded company, having raised a total of $15M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 07, 2022.

When was the latest funding round of ACX?

ACX's latest funding was a $***** Series A round on Dec 28, 2022, with participation from 1 investor.

What is the annual revenue of ACX?

Annual revenue of ACX is 371K SGD as on Dec 31, 2021.

Where does ACX rank among its competitors?

ACX ranks 56th amongst 522 active competitors, of which 128 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was CNaught, which secured $4.5M in May, 2025.

Who are the top competitors of ACX?

ACX's top competitors include Indigo, Klima and Carbon Direct. Among them, CNaught secured the most recent funding round in May, 2025.

ACX - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Operator of an exchange for environmental instruments and carbon credits. The platform facilitates the transaction and ownership lifecycle of environmental credits. It provides access to various environmental instruments, promoting transparency. The exchange works with registries, standards agencies, and brokerages to ensure integrity.

Website: acx.net
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Key Metrics

Founded Year

2019

Location

Singapore, Singapore

Stage

Series A

Total Funding

$15M in 2 rounds

Latest Funding Round

Series A, Dec 28, 2022, $*****

Investors

Trirec & 1 more

Ranked

56^th among 522 active competitors

Annual Revenue

371K SGD as on Dec 31, 2021

Similar Companies

Klima & 469 more

View ACX's full profile

ACX is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
AIRCARBON PTE. LTD. CIN: 201910137D , Singapore, Active	Mar 27, 2019	$276K (As on Dec 31, 2021)	-

ACX has raised a total funding of $15M over 2 rounds. Its first funding round was on Nov 07, 2022. Its latest funding round was a Series A round on Dec 28, 2022 for $*****. 1 investor participated in its latest round. ACX has 2 institutional investors.

Here is the list of recent funding rounds of ACX:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 28, 2022	1125534	Series A	6845446	8602020	6927274	1450419
Nov 07, 2022	5334736	Seed	9824357	8190023	4943700	Mubadala

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View details of ACX's funding rounds and investors

The founders of ACX are Thomas McMahon and William Pazos. William Pazos and Thomas McMahon are the CEOs of ACX.

Here are the details of ACX's key team members:

Thomas McMahon: Co-Founder and Co-CEO of ACX.
William Pazos: Co-Founder and Co-CEO of ACX.

View details of ACX's Founder profiles and Board Members

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Top competitors of ACX include Indigo, Klima and Carbon Direct. Here is the list of Top 10 competitors of ACX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Indigo 2013, Boston (United States), Series G	Provider of biological and sustainability solutions for the agriculture industry	$1.4B	Flagship Pioneering, Baillie Gifford & 26 others	78/100
2nd	Klima 2019, Berlin (Germany), Series A	Provider of solutions to calculate carbon footprint	$16.7M	Keen Venture Partners, HV Capital & 11 others	66/100
3rd	Carbon Direct 2019, New York (United States), Series C	Provider of science-backed carbon management solutions for emission reduction and removal	$60.8M	Decarbonization Partners, Quantum Capital ... & 2 others	65/100
4th	ClimeCo 2011, Boyertown (United States), Series A	Provider of environmental project development and management services	$50M	Warburg Pincus, The Heritage Group	63/100
5th	Klimate 2020, Copenhagen (Denmark), Seed	Offering solutions to calculate and offset the carbon footprint	$4.68M	Eneco, Helen Ventures & 5 others	60/100
6th	Greenspark 2020, Deal (United Kingdom), Series A	SaaS-based platform to offset the carbon footprint	$11.2M	bbvapanama.com, Third Prime & 21 others	59/100
7th	Invert 2020, Ottawa (Canada), Series B	Provider of carbon footprint reduction solutions	$19.1M	Altius	59/100
8th	CNaught 2022, San Francisco (United States), Seed	Provider of carbon offset API management platform	$6.75M	Greycroft, Bow Capital & 6 others	58/100
9th	Pachama 2018, Sausalito (United States), Acquired	Develops technological solutions for the protection and restoration of the forests	$88.2M	Breakthrough Energy, T Capital & 50 others	58/100
10th	Zefiro Methane 2022, Fort Lauderdale (United States), Public	Offering solutions to reduce methane emissions from orphaned and abandoned oil wells	$1.36M	-	57/100
56th	ACX 2019, Singapore (Singapore), Series A	Operator of an exchange for environmental instruments and carbon credits	$15M	Mubadala, Trirec	43/100