Treefera raised $12m in a Series A funding led by AlbionVC for their forestry data platform to map forests and assess conservation projects.
Apr 25, 2024•over 1 year ago
Amount Raised
$12 Million
Round Type
series a
Investors
Albion Vc
Description
Former JPMorgan and UiPath executives Caroline Grey and Jonathan Horn raised $12m in a Series A funding round led by AlbionVC for their forestry data platform, which measures the effectiveness of conservation projects and the impact of carbon-credit-related schemes. Treefera uses satellite and drone images, sourced from places including NASA and the European Space Agency, to map the world's forests and is also branching out into mapping kelp and algae blooms.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech