2 years ago
Treefera Secures £1.8 Million to Expand AI-Powered Forest Mapping Platform
Treefera, an AI platform that provides forest mapping data for the carbon offset industry, has raised £1.8 million in a Series A funding round led by Concept Ventures
The funding will be used to expand the company's team and market presence internationally
Treefera's platform uses AI algorithms to map trees globally, collecting data that can be used to measure, report and verify carbon credits
The company claims its platform covers more than 197 registered forest projects.
ProblemEnvironmental Tech
" accurately mapping and measuring carbon credits in forest projects, enabling companies to track and report on their emissions reduction efforts"
Solution
"an AI-powered forest mapping platform that provides instant analysis and insights of carbon offset projects, allowing for easy integration of trusted data into clients' analytics environments"