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Posted on 14/09/2023 in Cleantech

Carbon Data Raises $2M+

Treefera, London, UK an AI-powered data platform that accelerates the carbon offset process and brings transparency, accuracy, and trust to carbon offset projects, has raised $2.2 million in Pre-Seed funding. The round was led by Concept Ventures, with participation from Twin Path Ventures, January Ventures, and Greg Lavender.

Treefera's platform uses a combination of deep learning models and novel AI search techniques to deliver near-time insights on forests, including tree health, carbon sequestration, and reversal risks such as fire, flood, and drought. This information can be used to improve the accuracy of carbon credit pricing, which is essential for the growth of the global offset market.

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