Chloris Geospatial secures $8.5M in Series A to boost satellite carbon tracking
Deal News | Jul 07, 2025 | PR Newswire Cision Chloris Geospatial
Chloris Geospatial, a climate technology company pioneering in satellite-based carbon measurement in forests and ecosystem monitoring, has raised $8.5 million in a Series A funding round. Leading the round was Future Energy Ventures, alongside other investors such as AXA IM Alts, At One Ventures, and the Cisco Foundation. With this new capital, Chloris aims to accelerate product development, expand both commercial and technical teams, enhance partnerships in corporate carbon accounting for forestry commodities, and extend its operations with a new European hub to foster regional growth. This investment comes at a critical juncture in climate and conservation agendas, emphasizing the need for trust, transparency, and scalable solutions. Chloris uses advanced satellite data, proprietary sensor fusion, and machine learning for superior vegetation measurement. The company's technology aims to provide affordable, high-quality, and timely data across global forests, underpinning investments in nature to reverse carbon loss trends.
Sectors
- Climate Technology
- Satellites and Aerospace
- Venture Capital
Geography
- United States – The company Chloris Geospatial is based in Boston, highlighting American roots.
- Europe – The expansion plans for establishing a European operational center encourage classification in the European market.
Industry
- Climate Technology – The focus of the article on satellite-based carbon measurement for environmental monitoring places it squarely within the climate technology sector.
- Satellites and Aerospace – The use of satellite data for monitoring vegetation suggests pertinent relevance to the satellite and aerospace industry.
- Venture Capital – The article discusses a funding round, a key component of the venture capital industry, which helps scale novel technologies.
Financials
- $8.5 million – The amount raised in the Series A funding round led by Future Energy Ventures.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Chloris Geospatial | Target | Company | A climate technology company focusing on satellite-based carbon monitoring in forests, aiming to provide actionable ecological data. |
| Future Energy Ventures | Lead Investor | Company | A prominent international platform for climate-tech startups, leading the Series A investment round. |
| AXA IM Alts | Investor | Company | An investment company focused on solutions for protecting and managing natural capital, participating in the funding round. |
| At One Ventures | Investor | Company | A venture capital firm investing in sustainable solutions, part of Chloris' funding consortium. |
| Cisco Foundation | Investor | Company | The corporate philanthropic arm of Cisco Systems, investing in scalable climate solutions. |
| Counteract | Investor | Company | A venture investing firm that supports climate-positive technologies. |
| Orbia Ventures | Investor | Company | The venture capital arm of Orbia, investing in future-defining technologies. |
| Alessandro Baccini | Chief Science Officer & Co-Founder | Person | Chief Science Officer at Chloris, instrumental in developing the company's proprietary technology. |
| Marco Albani | CEO & Co-Founder | Person | CEO of Chloris Geospatial, focusing on scaling the company's impact in carbon tracking. |
| Patrick Elftmann | Managing Partner | Person | Managing Partner at Future Energy Ventures, supporting Chloris' carbon monitoring innovation. |
| Adam Gibbon | Natural Capital Lead | Person | Natural Capital Lead at AXA IM Alts, emphasizing integrity in carbon market investments. |