Chloris Geospatial Raises $8.5 Million Series A to Scale Satellite-Based Forest Carbon Monitoring
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.
For more information, visit: https://fev.vc/
Photo - https://mma.prnewswire.com/media/2724959/Alessandro_Baccini_and_Marco_Albani.jpg
Logo - https://mma.prnewswire.com/media/2724958/Chloris_Geospatial_Logo.jpg
View original content to download multimedia: https://www.prnewswire.com/news-releases/chloris-geospatial-raises-8-5-million-series-a-to-scale-satellite-based-forest-carbon-monitoring-302498338.html
SOURCE Chloris Geospatial
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Motor Trend
12 minutes ago
- Motor Trend
The Future Of Porsche's Racing Tech Transfer to Street Cars? Software.
On April 12, 2025, Porsche made history, becoming the first automaker to win three classes of professional motorsports with three different powertrains on the same day. In California, a 963 hybrid won the LMDh class and took the overall win at the IMSA Long Beach Grand Prix while a 911 GT3 R won the GTD Pro class in the same race with pure combustion engine. Across the country, the 99X Electric won the Miami e-prix in Formula E on pure battery power. Different as they may be, each shares a common link with the Porsche road cars you can buy today and in the future. Porsche uses motorsport to drive tech innovation, focusing on software as the key to improving road cars. Software impacts drivability and efficiency, with lessons from racing series shared across projects. This approach is cost-effective and enhances both performance and development. This summary was generated by AI using content from this MotorTrend article Read Next Racing Technology for the Street 'We have a philosophy that, yes, motorsport is part of our DNA,' Porsche vice president of motorsport, Thomas Laudenbach, told MotorTrend , 'and I cannot imagine Porsche without motorsport, but we are not doing motorsport for the sake of its own. We do motorsport to give a contribution to the company, and this is exactly what we are talking about.' In the past, tech transfer from racing to the road consisted mostly of more power and better aerodynamics, but as everything on a car has become linked and controlled by computers, the next frontier is in the software that controls them. Hard parts like engines, suspension, and aerodynamics are fairly mature technologies, but automotive software is still in its relative infancy. 'It is still a very steep curve,' Laudenbach said. 'It's growing so fast, it's changing so fast…I mean, if you look at the combustion engine, obviously development [today] is slower like this because you know, it is more and more difficult to make the [next] step. If you look at the software, not only software itself, how we approach it, the tools…I would say [it is] still very steep, the curve, how fast it changes.' It's All in the Software In all three racing series, physical parts on the cars are heavily regulated, particularly when it comes to batteries and electric motors. Software, though, isn't and has become the most important factor in improving lap times and efficiency. 'Everything you can do on the software has a much bigger impact and a much bigger effect in the drivability,' Porsche Formula E driver and reigning champion, Pascal Wehrlein, told MotorTrend , 'because yeah, there's also software things in in a combustion engine, but the effect is just smaller than an electric car. We pay a lot of attention to the software and I would say that is our biggest toolbox for setting up the car and getting quicker and so on. And there's just so many more things you can do on the software compared to a combustion engine. 'How much we are going into the details,' he continued, 'into the smallest details, I would say on the software side is even more than what I did when I was in Formula One, just because there are so many different options on, you know, the four-wheel drive, how to set up the four-wheel drive. How much work do you want to have at the front? At which point in time in the corner you want to have more front torque or less? What you can do on the braking side, on the [energy] recuperation, setting it up for different corners? In certain corners, where it's high speed, you need something different than in the low-speed corner, but then also when the track is bumpy, or not bumpy. We are going so much into the details.' Lauderbach agrees. 'It's absolutely right. We always love about talking about hardware. And I did develop combustion engines for 18 years, so I'm a real mechanical guy, and it's absolutely right, probably the bigger part is software. And but this is the good thing about it because some things [physical] we are not allowed to touch [under the regulations]. But we have a big freedom of software, and I think that's good because racing should give freedom where it is beneficial also for your brand. And that's certainly in software and I think this is probably also the biggest change between the projects.' Because the applications are so different, it's not as simple as just sharing code between teams in different series or with the engineers working on the road cars. Instead, it's the exchange of knowledge and ideas which brings this tech to cars like the 911 GTS T-hybrid. 'It's for sure not a carryover part,' Laudenbach said, 'but it's from learning about the difficulties, about the weak points, about the solutions, for sure they benefit from each other. 'When you have more than one project,' he said, 'you just work it on in a wider range and then you always find synergy. These two programs (Formula E and LMDh) benefit from each other in various areas. And at the same time, this is linked so close to our road car development. We work a lot on road cars as well in the motorsport department and do benefit from each other. If you tell your engineers, oh, please sit together with these guys from this program, then you know what they do? They sit together for an hour, they chat, and they go to it. If you sit side by side, if you meet each other with a coffee, this is the best way to benefit from each other. These two programs benefit, but also this is very beneficial to what we do on road cars, even inside the motorsport department.' It's not just about making the cars faster, either. Power makes heat, and heat needs to be dealt with before it breaks things, on a race car or a road car. Efficiency matters in racing because using less fuel or electricity allows you to go farther between pit stops, and it matters for the same reason on the street. 'Look at Formula E,' Laudenbach said. 'It's not our battery, but we control the thermal system [and] energy management. That's a lot of control systems. That's a lot of software. I mean, if we work with AI in the meantime and there you can learn a lot of the one side and transfer it to the other. Sometimes then you figure out that, okay, I can only take this because this [other technology] is not allowed. It's never carry over one to one. 'But you still learn a lot about how to handle it. It's software functions, it's control systems, it's sometimes also just the tools that we use, the approach that you take is not always [about] the final product. In the end, you have the product, there, no matter if it's software, hardware, but it's also, how do you approach it, because you're always looking for being most efficient. Especially Formula E, [where] we have a cost cap. It's a factor to say, okay, can I reach a certain goal with the smallest amount of money? These kind of things we always exchange because it's in the background.' Cheaper and Easier Not only are software learnings easier to transfer between programs, software is also easier to iterate on and less expensive to develop. 'Compared to hardware,' he said, 'it's not that cost intensive. Yes, you have you have the labor. But you know, you' not always having to change your bits and pieces. And don't forget, if you talk about bits and pieces, you always have to stop and throw parts away. So it's a lot more, let's say, cost efficient.' Whether in the office or trackside, the way data is managed and analyzed has changed a lot in the past decade. 'If we would do it like 10 years ago,' Lauderbach said, 'where the engineer himself goes through all the raw data, that doesn't work anymore. You got to feed your data through automatic analysis. It's just more [a question of], how do you analyze? How do you get something out in order to make the car quicker? This is a lot more or this is high sophisticated, a lot more automation and algorithms, than 10 years ago. 'It's a software basically to calculate what the car's doing because you got sensors. Obviously, you want to calculate some figures, you see what the car's doing in order to feature simulations. The simulation then gives you back again in which direction you have to go.'
Motor Trend
12 minutes ago
- Motor Trend
Rivian Is Integrating Google Maps Into Its Native Navigation Software
Fresh off major upgrades to its R1S SUV and R1T pickup, Rivian is now set to launch a software update of its onboard navigation system to include Google Maps data—both for the new vehicles it's producing and its existing customer cars. This isn't simply Google Maps like the app on your phone, however. Leveraging Google's Automotive SDK, Rivian has, in effect, overlaid its existing navigation experience over that of Google Maps, taking advantage of the internet giant's superior "routing, estimated time of arrivals, traffic updates, search capabilities, and satellite imagery," as Rivian put it, in order to further augment its own in-house "EV-friendly navigation features." Rivian is updating its R1S SUV and R1T pickup navigation systems to integrate Google Maps, blending Google's routing, traffic, and imagery with Rivian's EV-specific features. The update includes a new interface and extends to the Rivian Mobile App, rolling out starting tomorrow. This summary was generated by AI using content from this MotorTrend article Read Next In other words, Rivian's navigation system will now blend Google's superior mapping capabilities with its proprietary charging information, including estimated range and battery capacity remaining at your destination, route planning, real-time charging info, and more. In addition, Rivian skins the whole interface in its own design, a new version of which will also debut with the Google Maps update. Even better, Rivian says the update will extend to its Rivian Mobile App (a 2025 MotorTrend Best Tech award winner), which benefits from Google-like photos and descriptions of searched destinations, as well as satellite map views and real-time traffic data. As before, users can send trips and navigation destinations from the app to their Rivians, and now they'll be able to use the "share" function via Google Maps to do the same. The rollout of the new Google-augmented system is imminent—Rivian says it'll begin doing so as soon as tomorrow via an over-the-air update for every all-electric R1S SUV and R1T pickup it has sold to date, and it will come already equipped with every new model it sells.
Forbes
13 minutes ago
- Forbes
Baglietto Unveils New Superyacht Concept
Baglietto 53 meter concept What do you get when an Italian shipyard with over 165 years of shipbuilding heritage, a highly experienced Italian yacht designer, and an award-winning, NYC-based design studio that's known for creating distinctive residences, resorts, retail and workspaces throughout the world, announce a new creative partnership? The answer: The Vesta 56 superyacht concept the Baglietto shipyard just unveiled that features elegant exteriors designed by Enrico Gobbi Team for Design and a contemporary interior design by Meyer Davis. For me, one of the cool things about this concept is the way the yachting establishment—Baglietto and the Enrico Gobbi Team for Design—have embraced the fresh ideas that Meyer Davis (relative newcomers to the yachting space that are fresh off their successful debut yacht interior design Seawolf X) brings to the project. Here is the Meyer Davis-designed interior of the Vesta 56 superyacht Baglietto just unveiled 'Vesta 56 is the expression of our philosophy says Fabio Ermetto, CCO of Baglietto. 'With Enrico Gobbiʼs elegant exterior lines and the fresh, sophisticated vision of Meyer Davis, we are creating something extraordinary—an experience that speaks to beauty, innovation, and balance. We're proud to collaborate with design firms that share our passion for timeless yet contemporary style.ˮ The yacht's slender vibe is thanks to design details like ultra-thin aft deck overhangs and long runs of uninterrupted windows that are inspired by aeronautical design. In fact, according to early reports, the intent was to create a yacht defined by 'lines in movement', a sense of continuous flow and energy, even when the yacht is at anchor. Upper deck of the Vesta 56 concept by Baglietto 'The 56 meter Baglietto is characterized by a captivating design, generous spaces, and a sleek and dynamic profile,"says Enrico Gobbi. "The project brief requested for large and comfortable exterior and interior areas, without compromising the aesthetics of the yacht. For this reason, dynamic and stretched lines were chosen to reach the perfect balance between generous volumes and an elegant streamlined profile.' The interplay between exterior and interior is obviously at the center of the design philosophy. The windows are particularly tall to provide panoramic views, while sharp, sculpted elements mix with soft curves to create a distinctive exterior. The Meyer Davis-designed owners suite onboard the Vesta 56 concept yacht from Baglietto Meanwhile Meyer Davis presents an interior design that they say is less about spectacle and more about sensation—a place not just to explore the world, but to feel at home in it. 'We were inspired by the name Vesta 56 for its rich symbolism," says Gray Davis, Co-Founder of Meyer Davis. "The quiet strength of home. The comfort of sanctuary. And the enduring presence of spaces designed not just for living, but for feeling truly at home. Each material, curve, and proportion is imbued with intention to reflect that spirit. The interiors have a quiet strength that marks each space with meaning and memory.' The main deck onboard the Vesta 56 Signature spaces such as the main deck salon, dining room, and upper lounge are designed to nurture connection and comfort. Retractable glass walls are designed to blur the threshold between inside and outside. While architectural lighting and curved built-in furniture capture the changing light that is inherent onboard yachts of this size. The stylish aft deck area of the Vesta 56 concept yacht 'Embracing organic form, personal layers, and lived-in elegance, we designed the yacht to age gracefully, accumulating stories as it travels' says Will Meyer, Co-Founder of Meyer Davis. Amen to that. Watch this space.
