4 years ago

Sylvera Secures $32.6 Million to Scale Carbon Offset Ratings Platform

  • Sylvera, a UK-based startup providing ratings for carbon offsets, has raised $32.6 million in a Series A funding round

  • The round was led by Index Ventures and Insight Partners, with participation from Salesforce Ventures and LocalGlobe

  • Sylvera uses data and machine learning to assess the quality of carbon offset projects, aiming to bring transparency to the growing carbon market.

      • ProblemTechnology

      "Businesses are increasingly looking to carbon offsetting to meet their net-zero goals, but the market is opaque and lacks reliable data on the quality of carbon offset projects."

      Solution

      "Sylvera provides independent, data-driven ratings of carbon offset projects, using machine learning and proprietary data to assess their quality and effectiveness, bringing transparency and trust to the carbon offset market."

      Covered on