Xilva, a platform for investments in regenerative forests, has recently raised $1.8m in a pre-seed funding round.
The round saw participation from Brainforest, Insurtech.vc, Bloomsbury Natural Capital and a group of angel investors.
Founded in 2021, Xilva uses a methodology to assess forest projects and thus reduce potential risks related to investing in carbon credits and nature restoration initiatives. It conducts the due diligence process through its Xilva GRADE platform and provides certified carbon credits for companies as well as investment opportunities for their future needs.
Xilva claims its goal is to combat climate change while protecting biodiversity, benefiting local communities and enabling the full range of ecosystem services provided by forests.
The recently raised funds will be used to further develop technological solutions and scale marketing and operations.
Xilva co-founder and CEO Tim Duehrkoop said, “On our platform, there is a curated portfolio of over 40 investable projects, and we plan to source and screen 100 more in the next three months. Forests can absorb carbon at a larger scale and lower cost than any human-made solution.
“The main benefits for the companies getting carbon credits with the help of Xilva are confidence that they are buying trustworthy credits and transparency throughout the process.”
Everstream Analytics, a global supply chain insights and risk analytics firm, has recently raised $50m in a Series B funding round.
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