NatureMetrics Expands with $25 Million Funding
Deal News | Jan 14, 2025 | 2150
NatureMetrics Ltd, a UK-based startup, has successfully secured $25 million in a Series B funding round. The capital infusion is intended to aid the company in achieving self-sustaining profitability and expanding its business. The funding round was led by Just Climate, associated with Al Gore's Generation Investment Management, and included contributions from EDF Pulse Ventures and Monaco ReOcean Fund, alongside additional support from existing investors. NatureMetrics specializes in innovative methods of assessing biodiversity using DNA, allowing clients to measure their environmental impact more accurately.
Sectors
- Environmental Technology
- Venture Capital
Geography
- United Kingdom – NatureMetrics is a UK-based company and the primary entity discussed in the funding round.
- United States – Just Climate, part of Al Gores' Generation Investment Management, is US-associated and a major participant in the funding round.
Industry
- Environmental Technology – NatureMetrics operates within this sector by providing DNA-based biodiversity measurement solutions that help companies assess their environmental impacts.
- Venture Capital – The funding round itself is an example of venture capital investments in innovative startup technologies that impact biodiversity.
Financials
- $25 million (20.4 million) – Total amount raised in the Series B funding round by NatureMetrics.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| NatureMetrics Ltd | Target | Company | A UK-based startup specializing in biodiversity measurement through DNA technology. |
| Just Climate | Investor | Company | An investment group led by Al Gore's Generation Investment Management, focusing on climate-positive investments. |
| EDF Pulse Ventures | Investor | Company | An investor that participated in the Series B funding round for NatureMetrics. |
| Monaco ReOcean Fund | Investor | Company | A fund that supports ocean-related technologies and participated in NatureMetrics' funding round. |
| Existing Investors | Investor | Company | Previous investors in NatureMetrics who provided additional support in the Series B round. |