Tech Company Financing Transactions
Ecosystem Restoration Standard Funding Round
Ecosystem Restoration Standard, operating out of Paris, scored $5.3 million from LocalGlobe and RAISE Investissement.
Transaction Overview
Company Name
Announced On
3/9/2023
Transaction Type
Venture Equity
Amount
$5,323,000
Round
Seed
Investors
LocalGlobe (Lead Investor)
Proceeds Purpose
The funding will support the development of next-generation dMRV (Digital Monitoring, Reporting & Verification), and launch the certification programme for the first three projects which are in Panama, Costa Rica and Madagascar.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
Undisclosed
Paris, Undisclosed
FR
Paris, Undisclosed
FR
Phone
Undisclosed
Website
Email Address
Overview
The Ecosystem Restoration Standard is a new carbon standard designed to measure and verify impacts on climate, biodiversity, and livelihoods. We use leading-edge technology to assess and monitor projects across climate, biodiversity, and livelihoods. This monitoring program provides greater traceability and promotes a more scientifically-driven approach to certifying restoration projects.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thibault Sorret
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