NatureMetrics, a Surrey-based startup in nature intelligence and biodiversity monitoring, has introduced the completion of a €24.3 million Collection B funding spherical.
This funding, led by Simply Local weather, EDF Pulse Ventures, and the Monaco ReOcean Fund, contains contributions from present backers 2150, BNP Paribas, Ananda Influence Ventures, and SWEN Blue Ocean.
The funding will speed up NatureMetrics’ improvement of cutting-edge biodiversity monitoring options, together with its environmental DNA (eDNA) expertise and AI-enhanced Nature Intelligence Platform.
Dimple Patel, CEO of NatureMetrics, remarked: “Firms can not afford to disregard their influence on ecosystems. Addressing nature-related dangers isn’t nearly compliance—it’s about future-proofing enterprise operations and making significant contributions to a sustainable future. This funding will enable us to quickly speed up our resolution—enabling companies to know nature throughout their provide chains and make knowledgeable operational and monetary selections. We’re making nature information accessible and actionable, driving a shift in direction of a extra sustainable international economic system.”
Based in 2014 by Dr Kat Bruce, NatureMetrics operates labs within the UK and Canada, with a accomplice lab in Indonesia. It’s a nature intelligence expertise firm offering an end-to-end nature monitoring and influence reporting resolution. It’s at present working in 110 totally different international locations and employs a staff of over 200 folks.
With rising calls for for nature-related information pushed by laws just like the Company Sustainability Reporting Directive (CSRD) and the Taskforce on Nature-related Monetary Disclosures (TNFD), NatureMetrics seems to be to prepared the ground in addressing these challenges.
NatureMetrics’ eDNA expertise, mixed with superior analytics, permits for site-level biodiversity assessments. This strategy helps organisations in managing dangers, monitoring conservation progress, and making knowledgeable selections throughout industries.
The corporate’s shopper base spans over 600 organisations, together with main corporates like Unilever and Anglo American, in addition to conservation teams like WWF and Fauna & Flora.
The rising want for strong biodiversity information has pushed the demand for NatureMetrics’ options, particularly within the wake of COP15 and the adoption of the International Biodiversity Framework.
By combining eDNA with AI and Earth commentary applied sciences, the corporate offers the power to observe ecosystems, providing a scalable resolution to fulfill rising regulatory and environmental necessities.
The funding will probably be channelled into a number of key areas:
- Enhancing the Nature Intelligence Platform to ship actionable biodiversity insights.
- Increasing AI and digital capabilities for processing complicated geospatial and bioacoustics information.
- Broadening international attain to fulfill the rising demand for biodiversity monitoring options.
Traders have expressed robust confidence in NatureMetrics’ potential. Siddarth Shrikanth, Director of Pure Local weather Options at Simply Local weather, said: “We consider that corporations throughout industries looking for to guard and restore nature inside their operations and provide chains lack the high-quality information they should act with confidence. NatureMetrics combines the ability of environmental DNA expertise with a spread of different information sources to generate actionable insights, and we’re delighted to help their scale-up journey at a essential second for international biodiversity motion.”
Equally, Olivier Wenden, CEO of the Prince Albert II of Monaco Basis, famous: “NatureMetrics is revolutionising biodiversity information, by turning insights into actionable methods that align financial progress with environmental and ocean resilience. This innovation drives worth creation whereas setting a brand new benchmark for embedding ocean well being into enterprise selections – a pure match for the ReOcean Fund’s mission to rework the blue economic system.”
