BOSTON, Nov. 18, 2021 /PRNewswire/ -- Chloris
Geospatial, a Boston-based
start-up that is pioneering advanced approaches to produce accurate
planetary-scale terrestrial biomass accounting, has secured first
round seed investment today. Chloris closed the round with a
$2.5 million investment from At One
Ventures, Counteract, and experienced angel sustainability
investors.
The company is building a high integrity data platform of carbon
stock and change with globally consistent direct measurements,
giving its customers the highest possible transparency on the true
performance of land assets, from rainforests to managed
landscapes.
Launched in February 2021, it
builds on almost two decades of innovative remote sensing research
and detailed ground calibration by the founding team. Chloris is
already capable of providing accurate, reliable measurement of
carbon stock and change globally.
Co-Founders are Dr. Alessandro
Baccini, a pioneer in the space-based measurement of carbon
and biomass for over two decades; Marco
Albani, who was the founding director of the Tropical Forest
Alliance at the World Economic Forum, and previously a Senior
Expert in sustainability at McKinsey & Company; Prof.
Mark Friedl, professor of Earth and
Environment at Boston University and
co-founder of Tellus Labs; and Giulio
Boccaletti, formerly the Chief Strategy Officer of the
Nature Conservancy and a partner at McKinsey.
Marco Albani, Chief Executive
Officer, said: "We established Chloris Geospatial to
quickly bring to market data products and platforms that we know
are desperately needed at this critical time in the fight against
the climate emergency. Our technology can monitor the impact of
land management choices on terrestrial carbon storage at speed and
scale."
Alessandro Baccini, Chief
Scientist, said: "I wanted to start Chloris to make
sure that the best science was injected in what is a rapidly
expanding marketplace.
"We need the natural world to help us meet our net-zero
commitments. But the data currently available to support that
contribution is limited in scale and capabilities. I believe
Chloris has the solution".
Earlier this year, Chloris was recognised as a top innovator in
the Carbon Market Challenge of UpLink at the World Economic Forum,
based on its ability to enable organisations to "confidently invest
in Nature-Based Solutions".
Browning Environmental are working on behalf Chloris
Geospatial.
Related Links
https://chloris.earth
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SOURCE Chloris Geospatial