Treefera, a London, UK-based AI-enabled data management platform focusing on nature-based asset reporting, has raised $12 million in Series A funding.
Investors
The round was led by AlbionVC.
AlbionVC supports visionary founders with long-term capital and scale-up expertise. Founded in 1996, today they are partners to UK early-stage B2B software and healthcare companies. The firm manages approximately $1 billion of venture funds, currently invested in over 50 companies.
Treefera Use of Funds
With this funding, Treefera plans to enhance platform capabilities, expand globally, and solidify its position in the nature-based asset data landscape.
About Treefera
Founded by Jonathan Horn and Caroline Grey, Treefera has developed an AI-enabled data management platform for all nature-based assets. By integrating satellite, drone, and ground truth data with AI algorithms, Treefera offers real-time monitoring and assurance for commodities' provenance, deforestation risk, carbon credits, and supply chain sustainability. Their platform covers jurisdictions, and 500+ forest projects, and integrates with client analytics through an API. Its mission is to catalyze positive change by offering innovative, data-driven AI-powered solutions that bridge the gap between good intentions and tangible impact.
Funding Details
Company: Treefera Operations Limited
Raised: $12.0M
Round: Series A
Funding Month: April 2024
Lead Investors: AlbionVC
Additional Investors:
Company Website: https://www.treefera.com/
Software Category: Data Management
Source: https://www.treefera.com/blog/treefera-raises-usd12m-series-a-for-ai-platform-bringing-transparency-to-nature-data