Sylvera is a UK-based provider of carbon offset ratings. It raised $32.6M through Series A funding.
This round brought in $39.5m total funding since its founding in 2020. It was co-led jointly by Index Ventures & Insight Partners. Other participants included Salesforce Ventures, LocalGlobe, and angel investors.
Sylvera’s CEO and co-founder, Dr. Allister Furey is also the company’s CEO. Sylvera uses proprietary data and machine learning to provide a platform that allows corporate sustainability leaders, traders, and policymakers to assess and invest in carbon credits. To expand its unique methods of evaluating carbon performance, Sylvera is partnering with NASA’s Jet Propulsion Lab and University College London.
Sylvera is currently a partner with NASA’s Jet Propulsion Lab and University College London.