Carbon offsetting
Nature conservation
Green tech
Nature-based solutions
In a significant boost to the carbon offsetting sector, Treefera has secured $12 million in Series A funding, just seven months after a $2.2 million pre-seed round. The London-based company is at the forefront of utilising AI and data to increase transparency in carbon credits, a market poised to grow to $250 billion by 2050.
Image of a tropical forest seen from a drone view. AI generated image
Treefera's innovative platform harnesses AI algorithms and an extensive tree database, mapping over one trillion trees globally. This vast repository is pivotal in tackling the persistent issues of measuring and validating carbon credits, which have historically undermined trust in the sector.
The funding round, led by AlbionVC, which has investments in tech firms like Ophelos and Gridcog, will help Treefera expand its team internationally and enhance its platform capabilities. By doing so, Treefera aims to cement its role as a crucial player in nature-based asset data management.
Read more: New standards spark surge in carbon credit prices
Founded by former J P Morgan Managing Director Jonathan Horn and ex-Chief Customer Officer at UiPath Caroline Grey, Treefera is focused on bringing accuracy and transparency to reporting on nature-based assets like carbon credits and supply chain sustainability. The platform integrates satellite, drone, and on-ground data, overlaid with AI to provide continuous monitoring and risk assessment in environmental compliance.
With clients ranging from project developers to financial services, Treefera offers real-time insights into carbon credits and supply chain sustainability, aiding companies in navigating regulatory challenges. The platform covers over 500 registered forest projects and seamlessly integrates with client systems through an API.
Read more: Sustainability simplified: Carbon footprinting for beginners
Partnerships with industry giants like Anew Climate, ACCIONA, and Maple Credits underscore Treefera's impact and the trust it has garnered. As environmental regulations tighten, Treefera's platform stands out for its ability to deliver instant, comprehensive environmental data, empowering businesses to make informed decisions in their journey towards net-zero emissions.
As the demand for carbon credits (carbon units) intensifies, DGB Group's commitment to delivering high-quality nature-based solutions positions us as a crucial ally for businesses navigating the evolving environmental finance landscape. We assist companies by enhancing their understanding of their environmental impact, assessing their carbon footprint, formulating carbon management and compensation strategies, and transparently showcasing their sustainability efforts. We provide validated carbon units that not only help businesses achieve their sustainability objectives but also have a tangible positive effect on the environment.
