Treefera, a London, UK-based AI-powered data platform that revolutionizes forest data and conservation, raised $2.2 million in pre-seed funding.
SaaS Investors
The round was led by Concept Ventures, with participation from Twin Path Ventures, January Ventures, and Greg Lavender.
Concept Ventures is a venture capital firm based in London, United Kingdom. The firm seeks to invest in pre-seed and seed-stage companies operating in the fintech, enterprise, and entertainment sectors.
Treefera Use of Funds
The funding will be used to enhance platform capabilities, expand the team, and extend market presence.
About Treefera
Founded by Jonathan Horn and Caroline Grey, Treefera is an AI-powered company that analyzes carbon emissions from forests. The company's platform uses AI algorithms and a vast dataset to expedite the measuring, reporting, and verifying of carbon credits, a traditionally time-consuming process. Treefera provides granular insights in real-time, enabling better forest management and pricing for carbon credits. The platform is designed to serve clients such as insurers, traders, landowners, and assurers.
Funding Details
Company: Treefera Ltd
Raised: $2.2M
Round: Pre-Seed
Funding Month: September 2023
Lead Investors: Concept Ventures
Additional Investors: Twin Path Ventures, January Ventures, and Greg Lavender
Company Website: https://www.treefera.com/
Software Category: AI-driven Forest Monitoring Platform
Source: https://tech.eu/2023/09/13/treefera-raises-22m-for-real-time-forest-data-and-carbon-credit-analysis/