Today Treefera, an AI-powered data platform that revolutionises forest data and conservation, announced a $2.2 million Pre-Seed funding round.
Treefera’s platform leverages cutting-edge AI algorithms and an unprecedented repository of data mapping over a trillion trees globally.
It expedites the measuring, reporting, and verifying of carbon credits, a process that traditionally is a huge friction point in the process and can take months to complete.
Combining deep learning models and novel AI search techniques makes Treefera the first platform to deliver granular insights in real time.
The company is founded by Jonathan Horn, theoretical physicist and former Managing Director at J.P. Morgan, and Caroline Grey, former Chief Customer Officer at UiPath.
With clients such as assurers, insurers, traders and landowners, the platform covers jurisdictions (countries and large regions) and 197+ registered forest projects, whilst integrating easily with client analytics environments through an API.
Near-time visibility includes being able to deliver highly detailed insights on forests (such as tree health and carbon sequestration) and other important “reversal risks” (such as fire, flood and drought).
This transforms the accuracy of carbon credit pricing, boosting the global offset market at a critical time for the planet.
Jonathan Horn, CEO & Co-Founder of Treefera shared:
“Our platform enables instant analysis and insights of carbon offset projects, and critically allows easy integration of that trusted data into our clients’ analytics environment through an API.
We’re thrilled to have esteemed investors on board who share our vision of a more transparent and impactful carbon offset market.”
Concept Ventures lead the Pre-Seed funding.
According to Reece Chowdhry, Founding Partner at Concept Ventures:
“The Treefera platform and its exceptional team impressed us beyond measure.
This innovation not only contributes to the fight against climate change but also offers businesses, governments, and landowners a compelling commercial opportunity.
With Treefera, trust and accuracy are injected into carbon offset projects, positioning tree conservation as the smart and essential choice.”
With this funding injection, Treefera plans to enhance platform capabilities, expand its team, and extend its global market presence.
Lead image via Treefera. Photo: Uncredited