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Chloris Geospatial Raises $8.5 Million Series A to Scale Satellite-Based Forest Carbon Monitoring

Chloris Geospatial Raises $8.5 Million Series A to Scale Satellite-Based Forest Carbon Monitoring

Globe and Mail6 days ago
BOSTON , July 7, 2025 /CNW/ -- Chloris Geospatial, a climate-tech company pioneering satellite-based measurement of forest carbon and ecosystem change, announced today it has raised $8.5 million in Series A funding. The round was led by Future Energy Ventures, with participation from existing investors AXA IM Alts, At One Ventures, Cisco Foundation, Counteract, and Orbia Ventures.
With this new funding, Chloris will accelerate product development, grow its commercial and technical teams, and deepen partnerships across corporate carbon accounting for forest risk commodities and the carbon value chain, meeting the market's rising demand for verifiable, high-quality nature-based solutions. The company will also expand its operations with a new European hub to support regional growth and customer engagement.
The investment comes at a pivotal time for the climate and nature agenda, when trust, transparency, and scalable solutions are more urgent than ever.
While the climate and nature crises are global issues, action is taken locally, by governments, project developers, investors, and supply chain actors working across diverse landscapes and regions. Aligning local actions with global ambition demands fit-for-purpose solutions that are both scientifically rigorous and operationally scalable at every level.
Chloris' technology responds directly to this need, enabling better decisions through transparent, science-based insights.
Developed under the guidance of Co-Founder and Chief Science Officer Dr. Alessandro Baccini , the Chloris technology uses satellite data, proprietary sensor fusion and machine learning to measure vegetation, going far beyond traditional land cover mapping. Chloris is uniquely positioned to provide high-quality, affordable, and timely data on what has happened in every acre of forest around the world since the year 2000.
"This is a decisive moment," said Marco Albani , CEO and Co-Founder of Chloris. "To protect and restore nature at the pace and scale the climate demands, we need tools that make it easy to act—with confidence. That's what Chloris enables, and this investment allows us to take it to the next level. We're thrilled by the support of Future Energy Ventures and honored by the continued belief in our mission from all of our investors."
As science has been telling us, forests are essential carbon sinks, biodiversity havens, and socio-economic assets—and the urgency to protect and restore them has never been greater. In the past year alone, record-breaking wildfires and declining biomass trends, visible in Chloris data, have highlighted the accelerating loss of forest carbon. Reversing this trend requires scaling investment in nature, but doing so depends on our ability to accurately quantify biomass dynamics with confidence and consistency.
"We invested in Chloris Geospatial because we believe their technology is the missing link to restoring trust and unlocking growth in carbon markets, as well as improving accounting standards. The ability to independently, transparently, and affordably measure carbon dynamics across all woody vegetation globally represents a step change in how we monitor and account for nature-based climate solutions," said Patrick Elftmann , Managing Partner at Future Energy Ventures.
Across both voluntary carbon markets and corporate supply chains, organizations are increasingly relying on satellite-based insights to assess, invest in, and monitor forest carbon projects and to report emissions and removals in alignment with protocols like the GHG Protocol.
"At AXA IM Alts, investing in solutions that protect, restore, and sustainably manage natural capital is core to our mission. Our continuous support for Chloris reflects our belief that scalable, science-based measurement is critical to driving integrity and impact in both carbon markets and corporate climate strategies," said Adam Gibbon , Natural Capital Lead at AXA IM Alts.
Chloris' clients include leading corporations working to monitor forest-risk supply chains and make data-driven decisions aligned with climate goals and carbon accounting standards, forward-looking developers of nature-based solutions, and innovative carbon markets standards. Organizations rely on Chloris' analysis to quantify forest carbon dynamics with confidence and integrate transparent, science-based data into their climate reporting.
About Chloris Geospatial
Chloris Geospatial is a leading provider of science-based forest carbon insights, combining AI, machine learning, and satellite technology to deliver high-integrity carbon data at scale. Chloris empowers businesses, governments, and project developers to make informed decisions with consistent, cost-effective, and verifiable data, maximizing impact on the ground.
For more information, visit: www.chloris.earth
About Future Energy Ventures
Future Energy Ventures (FEV) is one of the leading platforms for early-stage climate tech startups and scaleups globally. Fund II, an SFDR Article 9 fund, invests in digital and digitally enabled climate technologies with high potential to redefine the energy world and build cleaner, smarter cities. Founded in 2016, FEV partners with exceptional founders and offers opportunities for financing, cooperation, and scaling through industry and investor partners.
SOURCE Chloris Geospatial
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Prediction: Solana Will Be Worth $500 Within 5 Years
Prediction: Solana Will Be Worth $500 Within 5 Years

Globe and Mail

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  • Globe and Mail

Prediction: Solana Will Be Worth $500 Within 5 Years

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Network revenue and app revenue are winning the day Let's clarify two very important concepts for evaluating cryptocurrencies like Solana: Network revenue, and application revenue. Network revenue is simply the sum of fees users pay to get their transactions registered into a block on the chain. Application revenue, on the other hand, is the sum total of revenue generated by the applications running on a chain. High network and app revenue means heavy activity, in the form of decentralized finance (DeFi) swaps, non-fungible token (NFT) mints, payments for services, and borrowing or lending flows. In the 24 hours leading up to July 8, Solana brought in $1.3 million in network revenue, and its app ecosystem brought in $8.6 million, vastly outclassing all of its competitors by a large margin. This streak has been accelerating in the most recent quarter. Solana booked more than $571 million in app revenue in second-quarter 2025, leaving Ethereum 's $200 million in the dust. 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Taken together, nine months of revenue leadership signal that Solana owns the most vibrant storefront in crypto. Next comes turning that cash register ring into price appreciation, which will take time. The path to $500 is very plausible from here Given the above, the odds of Solana growing significantly over the coming years are fairly favorable. Hitting a target of $500 from $152 requires a 229% climb, or roughly a 3.3x return from where the coin is today. That sounds heroic until you remember that Solana traded near $260 in late 2021, with far less adoption than today, and with practically zero in terms of its DeFi application revenue. Assuming network revenue keeps compounding while fee-burn mechanics retire a slice of every transaction cost, the float of available tokens will tighten over time, pushing the price lever upward. Speed and cost aren't the only draws. Solana's single-shard architecture lets every smart contract and program see the same state at once, cutting the complexity of cross-chain bridges that have plagued rivals with hacks and downtime. If big-ticket real world asset (RWA) platforms or AI inference markets pick a chain for throughput reasons, Solana's capacity to process 65,000 transactions per second (TPS) makes it a frontrunner. Still, five years is plenty of time for potholes along the way. A hard regulatory crackdown on low-fee chains, a catastrophic validator outage, or Ethereum's long-awaited darksharding upgrade could all erode Solana's edge. Macro shocks matter, too. If liquidity vanishes from the market, fee revenue will follow it down for both its apps and the network itself. Even so, the core thesis is simple. Money talks. When a chain out-earns everyone else for nine straight months, the market usually notices eventually. If Solana's revenue keeps sprinting while its tokenomics quietly throttle supply, a triple-digit price tag starting with "5" is no stretch whatsoever over the next few years. In fact, I predict that it'll happen before 2030, because right now, its competitors simply can't keep up with its main draws. Should you invest $1,000 in Solana right now? Before you buy stock in Solana, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Solana wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. 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EU to suspend U.S. tariff retaliation, will look for a deal with Trump by Aug. 1
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EU to suspend U.S. tariff retaliation, will look for a deal with Trump by Aug. 1

The European Union will suspend retaliatory tariffs on U.S. goods scheduled to take effect Monday in hopes of reaching a trade deal with the Trump administration by the end of the month. Article content ″This is now the time for negotiations,″ European Commission President Ursula von der Leyen told reporters in Brussels on Sunday, after President Donald Trump sent a letter announcing new tariffs of 30 per cent on goods from the EU and Mexico starting Aug. 1. Article content Article content Article content The EU — America's biggest trading partner and the world's largest trading bloc — had been scheduled to impose ″countermeasures″ starting Monday at midnight Brussels time (6 p.m. EDT; 22:00 GMT). The EU negotiates trade deals on behalf of its 27 member countries. Article content Von der Leyen said those countermeasures would be delayed until Aug. 1, and that Trump's letter shows ″that we have until the first of August″ to negotiate. Article content ″We have always been clear that we prefer a negotiated solution,″ she said. If they can't reach a deal, she said that ″we will continue to prepare countermeasures so we are fully prepared.″ Article content A 30% tariff on EU exports would hurt businesses, consumers and patients on both sides of the Atlantic. We will continue working towards an agreement by August 1. At the same time, we are ready to safeguard EU interests on the basis of proportionate countermeasures. — Ursula von der Leyen (@vonderleyen) July 12, 2025 Article content Europe's biggest exports to the U.S. are pharmaceuticals, cars, aircraft, chemicals, medical instruments and wine and spirits. Article content Italian Foreign Minister Antonio Tajani was heading to Washington for talks Monday with the U.S. administration and Congress. In a statement, Tajani's office said that in his talks with EU allies before the meetings, he stressed the need to 'negotiate with one's head held high.' Article content The right-wing government of Premier Giorgia Meloni, the only EU leader to attend Trump's inauguration, has sought to position itself as a ' bridge' between Brussels and Washington. Article content Trump has said his global tariffs would set the foundation for reviving a U.S. economy that he claims has been ripped off by other nations for decades. Trump, in his letter to the EU, said the U.S. trade deficit was a national security threat. Article content Trump isn't satisfied with some of the draft agreements on trade, White House National Economic Council Director Kevin Hassett said on ABC News Sunday.

Parents' social media use could affect their kids even after they log off, new research warns
Parents' social media use could affect their kids even after they log off, new research warns

CTV News

timean hour ago

  • CTV News

Parents' social media use could affect their kids even after they log off, new research warns

FILE - This combination of photos shows logos of X, formerly known as Twitter, top left; Snapchat, top right; Facebook, bottom left; and TikTok, bottom right. (AP Photo, File) Many people try to limit the time they spend on social media when they're with their kids. But new research suggests social media use has a significant effect on interactions with children — even when adults aren't looking at their screens. Mothers who were in the habit of spending more time on social media talked much less to their kids when they played with them than did moms who spent less time on social networks, and that difference carried over when they weren't using their devices, according to a study to be presented Tuesday at the Digital Media and Developing Minds International Scientific Congress in Washington, DC. While past research has focused on how kids are affected when parents or guardians are on their screens, this study looked at the impact of cell phone use on parent-child interactions even when parents were offline, said Liz Robinson, a doctoral student at the University of Alabama in Tuscaloosa and lead author of the study. Mothers who used social media extensively spoke 29% less to their kids while playing with them — without their phones — compared with the moms whose social media use was low. Moms in the low-use category used social media an average of 21 minutes per day, while moms in the high-use category used social media an average of 169 minutes per day. Other uses of screens, including checking email or the weather, weren't associated with talking less to kids, according to the study of 65 toddlers ages 2 through 5 years old and their mothers in Alabama. Although Robinson's research has not yet been peer-reviewed or published in a journal, it doesn't surprise me. In my own research, people often say they still think about what they see on social media long after they log off. Although the moms in this study were physically present with their kids, it's possible their minds were elsewhere. 'Often our minds wander to activities that are more pleasurable naturally, and we know social media is that experience for most people,' said Kris Perry, executive director of Children and Screens: Institute of Digital Media and Child Development, a nonprofit to help kids lead healthy digital lives and the organizer of the Congress. Perry, who was not involved in the research, pointed out that social networks show us tailored content that is intensely interesting to us, so 'it makes you want to experience it longer.' Whatever the reason, kids need their parents to be mentally present when they play. Thankfully, there are things we can do to make sure our social media use doesn't interfere with our parenting. Talk to your kids even as they get older One of the most important things parents can do is to talk to their children all the time. Learning language is 'a major feature of optimal child development' and it's 'dependent on children expressing and receiving language from birth through (age) 18,' Perry said. Greater exposure to language tends to improve kids' brain development, academic outcomes, communication skills and language, she said. The interactions parents and kids have when they play are also important to children's socioemotional development, Robinson said, to help them develop their executive functions and attention spans and learn how to regulate their emotions. Interacting with adults is also one of the ways children learn what to prioritize. 'Kids are acutely aware of where a parent is looking,' Robinson said, 'and they learn what's important. So, when our gaze is constantly going towards a device, towards a smartphone, well, we're communicating to our children what's important in that moment, too.' Carve out kids-only time That's why parents should make a conscious effort to be mentally present when interacting with their kids. 'Our attention is one of the best things that we can give to our children,' Robinson said, noting that this conveys to them that we love them. Robinson recommended that parents set aside certain times of the day to give their kids undivided attention. That's advice I also give when I speak to parent groups and at schools about how to handle kids' social media use. Of course, finding this time isn't easy. 'None of us can give our kids undivided attention all the time, but it can be helpful to think on a smaller scale,' Robinson said. 'Though I have many things to tend to today, I can give my child undivided attention for the next 15 minutes. That focused time goes a long way from the child's perspective.' When we're with our kids, we can remind ourselves 'there is nowhere but here, and there is no time but now in your child's mind,' Robinson said. 'And so, you have many other thoughts and many other priorities that are floating around in your head. But we can compartmentalize those and be fully present with our child, who knows only this moment, and only our attention.' Use social media less often Parents should also pay attention to how their social media use is affecting them and their children, Perry said. 'Understand what the impact of using social media is on you personally, and make sure that you're mitigating what those impacts are when you go to interact with your child.' A simple way to do that? Limit the number of times you check it per week and how long you spend on it each time. 'Reduce the amount of time you're on social media to prevent the likelihood that you would even inadvertently speak less' to your child, Perry said. And, of course, using social media less could also free up more time for parents to spend playing with their kids. Robinson said the biggest limitation of the research is that it's correlational — the authors couldn't establish whether social media was making parents more passive or whether more passive parents were using social media more. In addition, the study couldn't account for factors such as parents' mental health, income and education. I'd also love to see this study replicated with fathers, who should also be taking responsibility for playing with their kids and using social media responsibly. Still, the study suggests using social media more could reduce our conversations with our children, and that got me thinking. Next time I play with my daughters, I'll be checking in with myself on whether I'm talking to them or my thoughts are elsewhere. I'll also be more conscious of how much the content I'm seeing on social media is continuing to play out in my head even after I'm done scrolling. I might even talk to my kids about the changes I make as a result.

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