2 years ago
Climate intelligence startup Sylvera raises $57M Series B to expand carbon offsetting data platform
Sylvera, a London-based climate intelligence startup, has raised $57 million in a Series B funding round led by Balderton Capital
The company provides data and ratings on carbon offset projects to help companies meet their Net Zero goals
Sylvera plans to use the funding to expand into the US market and grow its engineering and product teams
The company has raised a total of nearly $100 million in funding since its founding in 2020.
ProblemTechnology
"Companies struggle to meet their Net Zero goals due to a lack of trustworthy data and reliable ratings for carbon offset projects, making it difficult to identify genuinely impactful investments."
Solution
"Sylvera provides accurate and independent data and ratings on carbon offset projects, enabling companies to confidently invest in high-quality initiatives that deliver real climate impact and support their Net Zero journeys."