Flowcarbon
Carbon finance company that set out to put carbon credits on a blockchain as tokens.
Status unknownSource [5]Source [1]Last verified Oct 2, 2026
About Flowcarbon
Flowcarbon was founded in 2022 as a climate technology company aiming to bring carbon credits onto a blockchain as tokens. Its first product, the Goddess Nature Token, was to be backed by credits from certified nature-based projects.Source [3]Source [1]
In May 2022 it announced $70 million: $32 million in venture funding led by a16z crypto and $38 million from token sales. The token launch was paused in July 2022 and never happened, and in 2024 the company offered refunds to token buyers.Source [3]Source [1]Source [2]
Its website now describes project finance, tax credit structuring, project development and carbon removal finance services. Its newest news post is dated March 2025.Source [4]Source [5]
What happened
Co-founded in 2022 with Adam Neumann among its founders and Dana Gibber as CEO, it raised $70 million, including at least $38 million from sales of its Goddess Nature Token. The token launch was paused in July 2022 and never launched, and in 2024 the company offered refunds to token buyers. Its website remains online and lists project finance and tax credit services, with its newest news post dated March 2025.Source [1]Source [2]Source [4]Source [5]
Timeline
- 2025-03-04Newest post on its news page, on financing carbon removal.Source [5]
- 2024-12Clean Maine Carbon issued biochar carbon credits with Flowcarbon as carbon developer.Source [5]
- 2024-09Reported to be refunding Goddess Nature Token buyers.Source [1]Source [2]
- 2024-03Named to TIME's America's Top GreenTech Companies 2024, per its news page.Source [5]
- 2023-09Announced a partnership with the Aptos blockchain.Source [5]
- 2022-07Paused the Goddess Nature Token launch.Source [1]
- 2022-05-24Announced $70 million in venture funding and token sales led by a16z crypto.Source [3]
- 2022-03Joined the Celo Foundation's Climate Collective.Source [5]
Products and brands
- Goddess Nature Token: Carbon-credit-backed token; launch paused in July 2022 and never released.Source [1]Source [3]
- Project finance: Screening, diligence and deal structuring for infrastructure and decarbonization projects.Source [4]
- Tax credit solutions: Structuring and execution for transferable renewable energy tax credits.Source [4]
- Carbon removal finance: Financing support for engineered carbon removal such as biochar and enhanced rock weathering.Source [4]
Leadership
| Dana Gibber | CEOSource [1]Source [3] | |
| Caroline Klatt | COO (as of 2022)Source [3] | |
| Phil Fogel | Chief Blockchain Officer (as of 2022)Source [3] |
Funding and financials
| Date | Round | Amount | Investors |
|---|---|---|---|
| 2022-05 | Venture round and token saleSource [3]Source [1] | $70 million ($32 million venture, $38 million token sales) | Led by a16z crypto, with General Catalyst, Samsung Next, Invesco Private Capital, Fifth Wall and others |
People on Founded, and where they went next
| Person | Here | Also built |
|---|---|---|
| Adam Neumann | Co-founder2022 | FlowActiveWeWorkActiveGreen DeskAcquiredKrawlersStatus unknown |
Links
Sources
- WeWork Founder's Climate Firm Refunds Crypto Token Holders After Failed Launch: Forbes, CoinDesk, 2024-09-12. Accessed Oct 2, 2026.
- Adam Neumann's crypto comeback company is reportedly refunding investors, TechCrunch, 2024-09-11. Accessed Oct 2, 2026.
- Flowcarbon Raises $70M in Funding, FinSMEs, 2022-05-24. Accessed Oct 2, 2026.
- Flowcarbon: Project Finance and Bespoke Capital Solutions, Flowcarbon. Accessed Oct 2, 2026.
- Flowcarbon in the News, Flowcarbon. Accessed Oct 2, 2026.