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Positive Impact Company - Sylvera raises over €50 million

Published on
27/7/2023
Amended on
28/3/2024
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Carbon project company Sylvera raises €50.6 million in 2021. Founded in 2020 and based in London, it offers an environmental analysis platform. Sylvera helps companies achieve carbon neutrality by providing detailed reports. This new round of funding supports its expansion in the United States.
By
Damien Hélène
Damien Hélène
This article has been automatically translated. Please excuse any inaccuracies or translation errors.

Present on the Vintage Altaroc Odyssey 2021 website, Sylvera, a company that provides comprehensive and accessible information on carbon projects, has just completed a new round of financing of 50.6 million euros. This new round of financing was carried out by historic investors such as Insight Partnersalready present at the first 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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