logo
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 Mail12 hours 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
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Regions Financial to Announce Second Quarter 2025 Financial Results on July 18, 2025
Regions Financial to Announce Second Quarter 2025 Financial Results on July 18, 2025

Globe and Mail

time36 minutes ago

  • Globe and Mail

Regions Financial to Announce Second Quarter 2025 Financial Results on July 18, 2025

Regions Financial Corp. (NYSE:RF) is scheduled to release its second quarter 2025 financial results on Friday, July 18, 2025. Information will be accessible in the following formats: A news release and additional materials will be made available on Regions' Investor Relations website at prior to market open on July 18. Also on July 18, Regions executives will discuss the results via a live audio webcast beginning at 10 a.m. ET. The webcast will be accessible through and will include an associated slide presentation to be reviewed by company executives. An archived recording of the webcast will be made available within following the live event. About Regions Financial Corporation Regions Financial Corporation (NYSE:RF), with $160 billion in assets, is a member of the S&P 500 Index and is one of the nation's largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,250 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at

Texas Civil Engineers Gain Scalable Support Through IBN Technologies
Texas Civil Engineers Gain Scalable Support Through IBN Technologies

Globe and Mail

timean hour ago

  • Globe and Mail

Texas Civil Engineers Gain Scalable Support Through IBN Technologies

"IBN Technologies [USA]" Texas Civil Engineers are now providing outsourced design, drafting, and compliance services tailored for construction firms across the state. With scalable resources, certified workflows, and advanced digital collaboration tools, these services help contractors and developers reduce costs, streamline project delivery, and meet growing infrastructure demands efficiently and reliably. Miami, Florida, 07 July 2025 As infrastructure development surges across Texas, the civil engineering landscape is undergoing significant transformation. In response to increasing regulatory complexity, workforce limitations, and aggressive project deadlines, engineering firms are turning to innovative support systems to maintain quality and compliance. IBN Technologies, a global leader in outsourced engineering services, is helping Texas civil engineers streamline workflows and scale operations without compromising on accuracy or speed. IBN Technologies delivers remote engineering services designed to address evolving industry needs. From preliminary design submittals to compliance-aligned documentation, the firm's service model is engineered for fast-paced infrastructure cycles. Texas civil engineers now have a trusted partner capable of aligning with their unique geographic, regulatory, and project-based challenges—enabling greater agility and long-term cost savings. IBN Technologies' scalable solutions offer a compelling advantage in a state where rapid growth and tight turnaround times have become the norm. Refine your project plans with expert engineering insights Industry Challenges in Civil Engineering Across Texas, engineering firms are grappling with a range of persistent challenges that hinder efficiency and project delivery: Shortage of experienced engineers amid rising project demand Complex permitting and compliance documentation processes Bottlenecks in design approvals and coordination workflows Rising operational costs with limited flexibility to scale staff Increasing pressure to reduce turnaround time without sacrificing quality These hurdles are prompting firms to explore more agile and cost-effective engineering support models. IBN Technologies' Solutions for Texas Civil Engineers IBN Technologies has developed a comprehensive outsourcing framework specifically geared toward civil engineering firms in Texas. By integrating with client teams remotely, IBN offers project-ready support aligned to local codes, permitting timelines, and quality benchmarks. Its offerings include: ✅ Initial submission documents created for preliminary condition evaluations ✅ Submittals scheduled to match key delivery milestones ✅ Grading elevations matched to design-phase precision benchmarks ✅ Utility layouts assessed for clearance conflicts and easement limits ✅ Rebar designs mapped in accordance with local inspection codes ✅ Forecast reports tailored to align with funding accountability standards ✅ Final documentation compiled for transparency in audits and regulatory reviews ✅ Comment resolutions tracked by workflow stage and reviewer assignment ✅ Approved files tagged with version control and current approval status ✅ Submission confirmations logged with timestamps and unique IDs ✅ Workflow steps defined for permit-related activity tracking ✅ Submission protocols arranged to meet jurisdiction-specific regulations ✅ Coordination remarks embedded within implementation processes Texas civil engineers benefit from a team that works in real-time through cloud platforms, BIM integrations, and data-secure portals. With IBN Technologies, firms gain scalability without compromising compliance or delivery timelines. Key Benefits of Outsourcing Civil Engineering Services Outsourcing civil engineering tasks with IBN Technologies offers measurable value for firms across Texas: Expanded delivery capacity without internal hiring delays 24/7 support to align with urgent design revisions and document submissions Enhanced focus on strategic tasks by offloading routine engineering work IBN Technologies serves as an extension of the client's team, ensuring continuity, precision, and regulatory confidence. Scalable Strategies Empower Engineering Performance The evolution of infrastructure initiatives is transforming how engineering teams handle design schedules and regulatory obligations. Flexible frameworks that integrate precise oversight with secure collaboration are now yielding steady, measurable outcomes. ✅ Access to ISO-certified engineering workflows (ISO 9001:2015, ISO 20000:2018, ISO 27001:2022) ✅ Reduces engineering expenses by up to 70% without compromising quality ✅ Brings over 25 years of experience in international project delivery ✅ Enables seamless engineering operations through digital platforms Delegating civil engineering tasks through outsourcing helps fill internal resource gaps while accelerating progress in design and documentation phases. IBN Technologies supports clients with reliable engineering solutions anchored in quality performance and full compliance. Enhance your project capacity with skilled engineers Driving the Future of Civil Engineering in Texas As Texas continues its aggressive infrastructure expansion, civil engineers need more than just local expertise—they require partners who can deliver precision, scale, and speed simultaneously. IBN Technologies is meeting this demand through flexible, performance-driven support tailored to the civil engineering lifecycle. IBN Technologies' global project experience, combined with its local alignment in Texas, allows civil engineers to confidently delegate complex tasks like design support, grading plans, utility coordination, and document preparation. With demand for engineers continuing to outpace supply, outsourcing is no longer a temporary fix—it's a strategic solution. Firms that embrace this model gain the agility to respond to project shifts, secure more bids, and operate with leaner in-house teams. For Texas civil engineers seeking to stay ahead of the curve, IBN Technologies provides a seamless path to operational excellence through digital integration, regulatory assurance, and collaborative execution. About IBN Technologies IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in the use- Real estate and construction (civil engineering) Industry, RPA, Intelligent Process Automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO, Outsourcing services in finance and accounting, including CPAs, Hedge funds, alternative investments, banking, travel, and human resources. It offers customized solutions that drive AR efficiency and growth.

AC Reports Preliminary June 30 Book Value of $43.20 to $43.40 Per Share
AC Reports Preliminary June 30 Book Value of $43.20 to $43.40 Per Share

Globe and Mail

timean hour ago

  • Globe and Mail

AC Reports Preliminary June 30 Book Value of $43.20 to $43.40 Per Share

GREENWICH, Conn., July 07, 2025 (GLOBE NEWSWIRE) -- Associated Capital Group, Inc. ('AC' or the 'Company') (NYSE:AC), announced today a preliminary range for its second quarter book value of $43.20 to $43.40 per share. This compares to $42.51 per share at March 31, 2025 and $42.14 per share at December 31, 2024. AC will be issuing further details on its financial results in August. About Associated Capital Group, Inc. Associated Capital Group, Inc. (NYSE: AC), based in Greenwich, Connecticut, is a diversified global financial services company that provides alternative investment management through Gabelli & Company Investment Advisers, Inc. ('GCIA'). We have also earmarked proprietary capital for our direct investment business that invests in new and existing businesses. The direct investment business is developing along several core pillars including Gabelli Private Equity Partners, LLC ('GPEP'), formed in August 2017 with $150 million of authorized capital as a 'fund-less' sponsor. We also created Gabelli Principal Strategies Group, LLC ('GPS') in December 2015 to pursue strategic operating initiatives. SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION Our disclosure and analysis in this press release contain 'forward-looking statements'. Forward-looking statements convey our current expectations or forecasts of future events. You can identify these statements because they do not relate strictly to historical or current facts. They use words such as 'anticipate,' 'estimate,' 'expect,' 'project,' 'intend,' 'plan,' 'believe,' and other words and terms of similar meaning. They also appear in any discussion of future operating or financial performance. In particular, these include statements relating to future actions, future performance of our products, expenses, the outcome of any legal proceedings, and financial results. Although we believe that we are basing our expectations and beliefs on reasonable assumptions within the bounds of what we currently know about our business and operations, the economy and other conditions, there can be no assurance that our actual results will not differ materially from what we expect or believe. Therefore, you should proceed with caution in relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store