Chloris Geospatial, a climate-tech company specializing in satellite-based forest carbon and ecosystem change measurement, has secured $8.5 million in Series A funding. The investment round was led by Future Energy Ventures, with participation from existing investors including AXA IM Alts, At One Ventures, Cisco Foundation, Counteract, and Orbia Ventures.
The new funding will enable Chloris to accelerate product development, expand its commercial and technical teams, and deepen partnerships across corporate carbon accounting for forest risk commodities and the carbon value chain. The company also plans to establish a new European hub to support regional growth and customer engagement.
Chloris' technology utilizes satellite data, proprietary sensor fusion, and machine learning to measure vegetation, providing high-quality, affordable, and timely data on forest changes since the year 2000. This advancement is crucial for accurately quantifying biomass dynamics and supporting nature-based solutions to combat climate change.
Investors have expressed confidence in Chloris' approach. Patrick Elftmann, Managing Partner at Future Energy Ventures, stated, "We invested in Chloris Geospatial because we believe their technology is the missing link to restoring trust and unlocking growth in carbon markets, as well as improving accounting standards." Adam Gibbon, Natural Capital Lead at AXA IM Alts, added, "At AXA IM Alts, investing in solutions that protect, restore, and sustainably manage natural capital is core to our mission. Our continuous support for Chloris reflects our belief that scalable, science-based measurement is critical to driving integrity and impact in both carbon markets and corporate climate strategies."
Chloris' clients include leading corporations working to monitor forest-risk supply chains and make data-driven decisions aligned with climate goals and carbon accounting standards. Organizations rely on Chloris' analysis to quantify forest carbon dynamics with confidence and integrate transparent, science-based data into their climate reporting.
For more information, visit: www.chloris.earth