Six months after the initiative’s launch, Cityzenith is now onboarding high-profile cities including Las Vegas, Phoenix and Los Angeles - providing them with their own Digital Twin platform to prioritise and achieve decarbonization through analysis on buildings and infrastructure, maximise savings and improve efficiency.

A report by ABI Research says the cost benefits alone could be worth $280bn by 2030 by using Digital Twins for more efficient urban planning - according to Ernst & Young, Digital Twin technology is also able to reduce carbon emissions by 50-100%, improve productivity by 20% and cut operating costs by 35%.

Markets & Markets estimates that the Digital Twin market will grow from $3.1 billion in 2020 to $48.2 billion per year by 2026, at an annual CAGR of 58%, with Cityzenith named as a major player in this high growth tech sector. McKinsey predict that the market for carbon credits could be worth upward of $50 billion in 2030, with demand for carbon credits set to grow 15-fold between 2021 and 2030.

The company has raised over $7m through a combination of Regulation CF, and Regulation A+ offerings, and once the current $15m Regulation A+ raise closes the company will move in the direction of strategic and institutional investment, meaning there is the possibility of our crowdfunding phase coming to an end in the event of this happening.