Dunya Analytics, a provider of science-based digital tools that simplify the measurement and management of biodiversity risks, announced it has received $1.2 million in seed funding. Synovia Capital led the funding round, which included a highly credentialed group of investors, including KDX and Persei Venture.
With biodiversity loss, ecosystem degradation, and unsustainable resource use escalating globally, the financial risks to businesses are becoming increasingly apparent. And many companies overlook the deep connections between their operations and natural ecosystems. These hidden risks are often missed in traditional financial reporting. As regulations tighten and investors demand more transparency, companies face the complex and costly task of measuring and disclosing these nature-related risks.
Dunya Analytics will use the seed funding to expand its platform, making it easier for companies to measure and manage biodiversity risks. And this will help companies meet regulatory and investor disclosure requirements and also identify material risks and next steps to becoming environmentally sustainable.
KEY QUOTES:
“This funding allows us to accelerate our mission of simplifying the complex landscape of biodiversity risk for companies. Our solution is particularly valuable for companies at the beginning of their nature-positive journeys, guiding them to focus their resources where they can have the greatest impact.”
-Megan Pillsbury, Founder and CEO of Dunya Analytics
“Dunya Analytics’ solution is unique in that it uses powerful proprietary risk methodologies to interpret biodiversity data and screen for risks across a company. Our investment strengthens their ability to scale risk analysis at the pace we need to meet the Kunming-Montreal Global Biodiversity Framework (GBF) targets.”
-Holt Thrasher, Managing Director at Synovia Capital
