Treefera, an AI-enabled data management platform focused on bringing transparency and accuracy to nature-based asset reporting like carbon credits and supply chain sustainability, announced a $12 million Series A funding round led by AlbionVC. This funding round comes only seven months after the announcement of the company’s $2.2 million pre-seed funding round.
By integrating satellite, drone, and ground truth data at a large scale and overlaying this with AI algorithms, the Treefera platform offers continuous monitoring, assurance, and risk evaluation to its clients. And this includes the ability to deliver insights and assurances around the provenance of commodities, deforestation risk, carbon credits, carbon removal, and supply chain sustainability.
Treefera offers insights immediately, which is achieved through a combination of deep learning models and novel AI search techniques. This makes Treefera the first platform to unlock this level of granularity at scale.
For clients like project developers, biochar producers, registries, financial services operating in the carbon credit market, bioenergy and biofuel companies, and supply chain businesses, the platform covers jurisdictions (countries and large regions) and 500+ registered forest projects and harvest sites, bringing together an unprecedented volume of environmental and forestry data. This platform then integrates with client analytics through an API.
Treefera has partnered with industry leaders, including Anew, ACCIONA, and Maple Credits. With this funding round, Treefera aims to enhance its platform capabilities, expand its team worldwide, and solidify its position as a pivotal player in the nature-based asset data landscape.
As climate change accelerates, Treefera aims to catalyze positive change by offering innovative, data-driven Al-powered solutions that bridge the gap between good intentions and tangible impact.
KEY QUOTES:
“Since our launch in September, the demand for instant, comprehensive insights across various nature-based data domains has exceeded our expectations. Treefera meets this demand by providing real-time transparency and accuracy, crucial for businesses navigating environmental challenges and supply chain complexities.”
– Jonathan Horn, CEO & Co-Founder of Treefera
“We have been extremely impressed by the team’s vision and execution to date. Treefera has managed to build a market-leading product and data platform for nature-based assets in very little time, which is addressing huge transparency problems in the carbon credits space and supply chain, as well as in other verticals. The momentum has been very strong as the world and companies across sectors are wrestling with their impact on climate change. We are firm believers that the Treefera team, led by Jonathan and Caroline, have the capability to build a generational company that addresses humanity’s most significant challenge and helps companies on their transition to a net zero future.”
– Paul Lehair, Investment Director at AlbionVC, the lead investor in this round
“As Anew Climate drives transformational change across the carbon market with our recent launch of the Epoch Evaluation Platform, Treefera is an invaluable strategic technology partner helping us set a new standard for forest carbon project additionality and durability,” said . “Treefera’s machine learning and remote sensing tools, combined with Anew’s vast forest carbon data set, allow for previously unachievable levels of accuracy in the assessment of biomass change and harvesting activities across the North American forest landscape. Through this achievement, the Anew-Treefera collaboration provides unprecedented project impact confidence to credit buyers.”
– Josh Strauss, Climate President, Environmental Products at Anew
“The advantages and support provided by the Treefera platform are integral to our success, and we would not be where we are without it. Its innovative features and tools have brought immense value to our business. By providing access to validated and trustworthy information on the platform, we are able to reduce costs and save time, which is a game-changer. By bringing together different groups of people, from landowners to carbon credit buyers, Treefera creates a community united in the fight against climate change, and we are honoured to be a part of this collaborative effort.”
– Laurel Perry, Co-Founder at Maple Credits
