NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Earthshot Labs announced it has completed a $5.5 million Series A financing round to expand its platform for nature-based carbon project development and financing. Earthshot has helped develop more than 60 reforestation, conservation, agroforestry, and improved forest management projects around the world, and directed over $55 million in financing. Their LandOS technology platform and advanced ecosystem analytics has lowered the speed and cost of project development while providing unprecedented diligence to institutional investors and corporate buyers. Their current projects with partners like Birdlife International and TreeAid cover over a million hectares and will sequester over 30 million tonnes of CO₂.

Photo courtesy of Kristian Niemi.