Nature-based assert reporting company Treefera announced a $12m Series A raise, led by AlbionVC. Co-founded by Jonathan Horn and Caroline Grey, the platform delivers data solutions for environmental and supply chain compliance, integrating satellite, drone, and ground truth data with AI algorithms. It aims to enhance its platform capabilities and expand its team worldwide with the funding. The company has also forged partnerships with industry leaders, including Anew Climate, ACCIONA, and Maple Credits.
Key Takeaways
- Nature-based asset reporting company Treefera announced a $12m Series A raise, led by AlbionVC, just seven months after its $2.2 million Pre-Seed.
- Treefera's platform integrates satellite, drone, and ground truth data at a huge scale, providing continuous monitoring, assurances, and risk evaluations in real-time.
- The platform covers jurisdictions, 500+ registered forest projects, and harvest sites, bringing together an unprecedented volume of environmental and forestry data, and integrates with client analytics through an API.
- Treefera has forged partnerships with industry leaders, including Anew Climate, ACCIONA, and Maple Credits, to enhance its platform capabilities and expand its team worldwide.
- Treefera's platform has brought immense value to businesses, providing access to validated and trustworthy information, reducing costs, and saving time.
Analysis
Treefera's $12m Series A raise, led by AlbionVC, is poised to have significant impacts. Organically, Treefera's platform and its partnerships with industry leaders like Anew Climate, ACCIONA, and Maple Credits are likely to see expansion and enhanced capabilities. Indirectly, this funding may influence the responsible investing paradigm and spark a shift towards greater focus on environmental and supply chain compliance. The long-term consequences could involve improved transparency and efficiency in global environmental and forestry data tracking. This could affect businesses seeking validated and trustworthy information, potentially reducing costs and saving time. These developments may also lead to a ripple effect on other nature-based asset reporting companies and environmental technology startups.
Did You Know?
- AlbionVC: AlbionVC is a venture capital firm that led the $12 million Series A raise for Treefera. They provide funding and support to early-stage and fast-growing technology companies.
- Ground truth data: Ground truth data refers to information collected on-site or on the ground, as opposed to satellite or drone data. It provides accurate and reliable information about environmental and forestry conditions.
- API integration: Treefera's platform integrates with client analytics through an API, allowing seamless data sharing and analysis for its users.