San Francisco-based startup Tangible has raised $3 million in a funding round to advance its mission of reducing embodied carbon in the construction and real estate sectors. Embodied carbon, the emissions associated with building materials and construction processes, accounts for 11% of global greenhouse gas emissions—a figure projected to rise in the next five years.

Tangible, founded in 2021 by Anneli Tostar and Nicole Granath, offers a platform that measures embodied carbon in construction projects and provides actionable insights to reduce emissions and costs at various stages of the building process. By simplifying carbon tracking and reduction, the platform enables developers to meet growing sustainability demands while mitigating their environmental impact.

Industry Momentum for Decarbonization

“Although embodied carbon is still a novel concept in the U.S., it’s gaining traction rapidly,” said Tostar. “Real estate and construction leaders are embracing tools like Tangible to drive better material choices, meet compliance requirements, and enhance sustainability practices across their portfolios.”

The funding round was co-led by Prologis Ventures and Pi Labs, with additional participation from Foundamental, Silence VC, and RE Angels. This marks Prologis Ventures’ first investment in the embodied carbon space.

“As our first investment in the embodied carbon solutions space, adding Tangible to the Prologis Ventures’ portfolio is another way we are supporting construction innovation and sustainable growth across the logistics sector,” said Todd Lewis, Senior Vice President at Prologis Ventures.

Meeting Industry Challenges

Tangible aims to address real estate developers' challenges in understanding material impacts, meeting compliance requirements, and managing reporting to various entities. The company’s efforts align with growing global pressure to reduce emissions in hard-to-decarbonize sectors like buildings, which have long-term climate impacts.

With this funding, Tangible is poised to accelerate adoption of its platform and contribute to a more sustainable construction industry.