On April 25, 2024, the London, UK-headquartered AI environmental data platform engaged in carbon offset business Treefera announced it has raised $12 million in Series A funding, led by AlbionVC.
The company plans to use the raised funds to enhance its platform capabilities, expand its global team, and consolidate its position as a key player in the field of nature-based asset data.
Treefera was founded in 2022 by Jonathan Horn (former Managing Director at JPMorgan) and Caroline Grey (former Chief Customer Officer at UiPath), providing an AI-driven environmental data management platform focused on bringing transparency and accuracy to nature-based asset reporting such as carbon credits and supply chain sustainability. By integrating satellite, drone, and ground-truth data, combined with AI algorithms, the Treefera platform provides clients with continuous monitoring, assurance, and risk assessment.
(Source:Tech.eu)