Chloris Geospatial, a climate-tech company specializing in satellite-based forest carbon monitoring, 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. This funding aims to accelerate product development, expand commercial and technical teams, and establish a new European hub to support regional growth and customer engagement.
The company's technology utilizes satellite data, sensor fusion, and machine learning to provide high-quality, affordable, and timely data on forest carbon dynamics globally. This advancement is crucial for enhancing transparency and trust in carbon markets, as well as improving accounting standards for nature-based climate solutions.
Chloris Geospatial's clients include corporations monitoring forest-risk supply chains and developers of nature-based solutions. 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