Chloris Geospatial, a Boston, MA-based technology company that measures natural capital from space, closed seed extension round of funding.
The round was led by AXA IM Alts and Orbia Ventures, with participation from existing investors At One Ventures and Counteract.
The company intends to use the funds to advance sensor-fusion technology and equip customers with globally consistent estimates for 2000-2022, to extend spatial coverage and to grow customer support services.
Led by Marco Albani, CEO, Chloris Geospatial is a provider of science-based forest carbon insights built with Earth observation data and machine learning. The company’s technology uses satellite data to reliably assess forest carbon dynamics, including forest growth and degradation.