UK – Treefera, a London, UK-based provider of an AI-powered data platform, raised $2.2M in Pre-Seed funding.
The round was led by Concept Ventures with participation from Twin Path Ventures, January Ventures, and Greg Lavender.The company intends to use the funds to enhance platform capabilities, expand its team, and extend its global market presence.Led by Jonathan Horn, CEO, and Caroline Grey, Treefera is an AI-powered data platform that works with forest data and conservation. With a repository of data that integrates with clients through an API, it accelerates the carbon offset process and brings transparency, accuracy, and trust to carbon offset projects. Available today, the platform expedites the complex process of measuring, reporting, and verifying (MRV) carbon credits. Treefera delivers insights immediately through a combination of deep learning models and novel AI search techniques. This near-time visibility, which includes being able to deliver highly detailed insights on forests (such as tree health and carbon sequestration) and other important “reversal risks” (such as fire, flood and drought), will enhance the accuracy with which carbon credits are priced, boosting the global offset market at a critical time for the planet. 13/09/2023
