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Benioff-backed NCX nabs $50M for global expansion

Written by brandonlin | Mar 7, 2022 8:22:13 PM

NCX, the carbon marketplace backed by billionaire Salesforce founder Marc Benioff, raised $50 million in a Series B to help fund international expansion, Axios' Alan Neuhauser reports.

Why it matters: The funding will fuel NCX’s planned drive outside the U.S., likely first with planned pilots in Mexico and Canada, a spokesperson tells Axios.