Chloris Geospatial Secures $8.5 Million Series A Round to Expand Satellite Carbon Monitoring
Deal News | Jul 07, 2025 | PR Newswire Cision Chloris Geospatial
Chloris Geospatial, a leader in climate technology focusing on satellite-based carbon measurement, announced it has raised $8.5 million in a Series A funding round to scale its operations. The round was led by Future Energy Ventures with ongoing support from AXA IM Alts, At One Ventures, the Cisco Foundation, Counteract, and Orbia Ventures. The funding will enhance product development, expand commercial and technical teams, and strengthen partnerships in corporate carbon accounting, answering an escalating demand for reliable, natural solutions. Chloris plans to establish a European hub for regional growth and client engagement. Their unique technology utilizes satellite data, sensor fusion, and machine learning for detailed, actionable forest carbon data, aiming to underpin climate and nature agendas with scalable, scientifically rigorous solutions.
Sectors
- Climate Technology
- Venture Capital
- Satellite and Telecommunications
Geography
- United States – Chloris Geospatial is based in Boston, indicating significant operations in the United States.
- Europe – Chloris Geospatial plans to open a new hub in Europe to support regional growth and client engagement.
Industry
- Climate Technology – Chloris Geospatial operates within the climate technology sector, focusing on satellite measurements of forest carbon and ecosystem changes.
- Venture Capital – The funding round involves various venture capital firms including Future Energy Ventures, AXA IM Alts, and others.
- Satellite and Telecommunications – Chloris Geospatial utilizes satellite data in their technology for measuring carbon, aligning with the satellite and telecommunications industry.
Financials
- 8.5 million USD – The total amount raised by Chloris Geospatial in a Series A funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Chloris Geospatial | Target Company | Company | A climate tech company pioneering satellite-based carbon measurement for forests. |
| Future Energy Ventures | Lead Investor | Company | A major venture firm focused on climate technologies that led the Series A funding round. |
| AXA IM Alts | Investor | Company | A repeat investor supporting Chloris with a focus on sustainable natural capital ventures. |
| At One Ventures | Investor | Company | A venture capital firm participating in the funding round. |
| Cisco Foundation | Investor | Company | A philanthropic investor focused on scalable solutions. |
| Counteract | Investor | Company | An investor supporting the development of Chloris's carbon monitoring technology. |
| Orbia Ventures | Investor | Company | An investor involved in the Series A funding round. |
| Alessandro Baccini | Chief Science Officer & Co-Founder | Person | Co-founder and key scientific leader at Chloris Geospatial. |
| Marco Albani | CEO & Co-Founder | Person | Co-founder and CEO of Chloris Geospatial. |
| Patrick Elftmann | Managing Partner | Person | A managing partner at Future Energy Ventures, commenting on the investment. |
| Adam Gibbon | Natural Capital Lead | Person | Represents AXA IM Alts, highlighting their investment in Chloris. |