Chloris Geospatial – a climate-tech company advancing satellite-based measurement of forest carbon and ecosystem change – announced it has raised $8.5 million in Series A funding. The round was led by Future Energy Ventures, with participation from existing investors AXA IM Alts, At One Ventures, Cisco Foundation, Counteract, and Orbia Ventures.
How the funding will be used: With this new funding round, Chloris will advance product development, grow its commercial and technical teams, and deepen partnerships across corporate carbon accounting for forest risk commodities and the carbon value chain, meeting the market’s rising demand for verifiable and high-quality nature-based solutions. The company will also be expanding its operations with a new European hub to support regional growth and customer engagement.
Problem being addressed: The climate and nature crises are global challenges, but actions to address them are carried out locally by governments, project developers, investors, and various supply chain participants in different landscapes and regions. To align local efforts with global ambitions, we need tailored solutions that are both scientifically sound and operationally scalable at every level. Chloris’ technology addresses this need directly, providing better decisions through science-based insights.
In the past year alone, record-breaking wildfires and declining biomass trends, visible in Chloris data, have highlighted the accelerating loss of forest carbon. Reversing this trend requires scaling investment in nature, but doing so depends on our ability to quantify biomass dynamics with confidence and consistency accurately.
Company clients: Chloris’ clients include leading corporations that work to monitor forest-risk supply chains and make data-driven decisions aligned with climate goals and carbon accounting standards, as well as developers of nature-based solutions and innovative standards for carbon markets. And organizations depend on Chloris’ analysis to quantify forest carbon dynamics with confidence and integrate transparent, science-based data into their climate reporting.
Executive team: Developed under the guidance of Co-Founder and Chief Science Officer Dr. Alessandro Baccini, the Chloris technology uses satellite data, proprietary sensor fusion, and machine learning to measure vegetation, going far beyond traditional land cover mapping. Chloris is positioned to provide high-quality, affordable, and timely data on what has happened in every acre of forest around the world since the year 2000.
KEY QUOTES:
“This is a decisive moment. To protect and restore nature at the pace and scale the climate demands, we need tools that make it easy to act—with confidence. That’s what Chloris enables, and this investment allows us to take it to the next level. We’re thrilled by the support of Future Energy Ventures and honored by the continued belief in our mission from all of our investors.”
Marco Albani, CEO and Co-Founder of Chloris
“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. The ability to independently, transparently, and affordably measure carbon dynamics across all woody vegetation globally represents a step change in how we monitor and account for nature-based climate solutions.”
Patrick Elftmann, Managing Partner at Future Energy Ventures
“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.”
Adam Gibbon, Natural Capital Lead at AXA IM Alts
