Oka

Oka, The Carbon Insurance Company, is a leading provider of insurance solutions for organizations engaging in the voluntary carbon credit market. Oka insures carbon credits against the risk of invalidation, destruction, or reversal—replacing credits if they are destroyed or rendered invalid. By delivering insurance-backed certainty throughout the carbon credit lifecycle, Oka aims to de-risk global carbon markets, boost buyer confidence, and accelerate the transition to net-zero. The company raised $7 million in a seed round in February 2023 led by firstminute capital and Aquiline Technology Growth.