Aklimate
The business, the turning points, and the decisions behind them.
01 / WHAT IT BUILT
What the company did
Carbon-management software for measuring and reducing supply-chain emissions.
02 / Aklimate FAILURE REASONS
Failure factors supported by the current evidence
Co-founder Mark Fischel announced the team had decided to close Aklimate because growth had started to slow and they judged their time better spent elsewhere; he did not publish a fuller Medium post-mortem in that post.
Fischel wrote that growth had started to slow, which preceded the team's decision to close.
03 / EVENT HISTORY
Events in the structured record
- Operations ended
Mark Fischel posted that the team had decided to close down Aklimate.
- Liquidation
On 24 July 2023 AKLIMATE LTD (12986327, formerly Club Zero Carbon Ltd; director Mark Fischel) passed a special resolution to be wound up voluntarily and appointed Steve Markey and Martin Maloney of Leonard Curtis as joint liquidators. The Gazette published the notice on 2 August 2023; a companion notice recorded a directors' declaration of solvency.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN
How the factors connect
- 01
On July 24, 2023, Aklimate completed a bankruptcy liquidation, and PitchBook lists the company's status as Out of Business, ending the run of the London-based carbon accounting platform for enterprise supply chains.