The investment round was led by existing backers including Sony Innovation Fund.
"We have built a great relationship with our investors, who fully back our mission of using technology to make insurance fairer, and doing so in a sustainable way."
Oxford Capital led the pre-seed round to help the startup launch its first product.
"As two women from the North East, we’ve had to overcome significant challenges to get to this stage. But as a result, we’re extremely intentional in our approach. And we’re unwavering in our commitment to do right by people"
The Series A round was led by AlbionVC just seven months after the company secured its pre-seed financing.
"Since our launch in September, the demand for instant, comprehensive insights across various nature-based data domains has exceeded our expectations. Treefera meets this demand by providing real-time transparency and accuracy, crucial for businesses navigating environmental challenges and supply chain complexities."
The funding round was backed by SPARX Group and SFC Capital to support the deployment of the Mauve satellite.
"We are delighted to partner with Blue Skies Space and help accelerate the implementation of their vision. Their unique data service will bring exciting new opportunities for space research and be the first commercial offering in a landscape only served by governments today. We look forward to seeing Mauve and Twinkle followed by a fleet of dedicated science satellites."