Featured in the Odyssey Vintage Altaroc Odyssey , Sylvera—a company that provides comprehensive and accessible information on carbon projects—has just completed a new funding round of 50.6 million euros. This latest funding round was led by long-standing investors such as Insight Partners, who were already involved in the first funding round in 2021.
The company, founded in 2020, is based in London. It has developed a platform that gives companies and governments access to secure reports on their environmental impact. Using a combination of technology and a carbon measurement methodology, Sylvera provides ratings and statistics to analyze climate-related investments, including carbon credits. In this way, organizations can achieve their carbon neutrality objectives.
Co-founder Allister Furey is enthusiastic about the company's future: " Our technology ensures that finance goes to the projects, companies and countries with the greatest positive climate impact, to put the world on the path to carbon neutrality. Over time, this data will create essential financial incentives, such as higher stock market valuations and lower borrowing costs, for organizations taking serious steps towards carbon neutrality."
This fund-raising comes at a time when Sylvera is beginning to expand in the United States, with the opening of its New York office.
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