General Catalyst is a venture capital firm that provides early-stage and growth equity investments. The company provides ongoing momentum that accelerates ideas, careers, and companies toward standout success.

General Catalyst

Entrée Capital provides multi-stage funding for innovative start-ups and companies all over the world.

Entrée Capital

Ecologi

Ecologi is a leading all-in-one climate platform for businesses

UK-based Ecologi primarily offers remote reforestation solutions for individuals. Ecologi uses subscriptions from users to fund reforestation projects around the world (including in North America, South America, Europe, Africa, and Asia). In addition to this, Ecologi also provides customized carbon offsetting solutions for businesses.

New technology allows individuals and organizations to become carbon intelligent

Carbon Management Software

Ecologi is a UK-based for-profit social enterprise, where customers can calculate emissions, set reduction goals, fund reforestation, high-quality carbon avoidance, and removal projects, and share their impact dashboard.

Conservation Tech

TrainPal Teams Up with Ecologi to Champion Sustainable Travel and Carbon Reduction in the Rail Industry

UK-based Ecologi primarily offers remote reforestation solutions for individuals. Ecologi uses subscriptions from users to fund reforestation projects around the world (including in North America, South America, Europe, Africa, and Asia). In addition to this, Ecologi also provides customized carbon offsetting solutions for businesses.Key customers and partnershipsIn May 2022, Ecologi <a href="https://sp-edge.com/updates/10749">partnered </a>with <a href="https://sp-edge.com/companies/1337861">Sylvera </a>, a British provider of AI-driven carbon offset ratings to prioritize investments in high-impact carbon reduction projects. The collaboration provides Ecologi with a verified rating system to identify the high-quality carbon projects to invest in. In September 2022, Ecologi signed a two-year carbon offsetting agreement with <a href="https://sp-edge.com/updates/12926">Albert </a>, a BAFTA-owned television and film production company. Ecologi was used by over 43,000 members and 20,000 businesses and partners, including HSBC, Hasbro, BAFTA and BBC, as of February 2024. The company had also planted close to 78.5 million trees and offset over three million tons of CO2 for the same period.Funding and financialsIn November 2021, the company exceeded its GBP 2 million (USD 3 million) crowdfunding target on the Crowdcube platform. Previously in June 2021, Ecologi raised GBP 4 million (USD 5.7 million) in a seed funding round led by General Catalyst to scale its operations.

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 Circular IQ is a Netherlands-based digital platform that offers SaaS-based solutions for businesses to assess their circular performance through smart data-gathering and analytics. Circular IQ collects and analyzes supplier-specific data and provides tailor-made reports for businesses about the circularity of their operations.&nbsp;
 
 
 Circular IQ offers three main services 1) Circular Procurement Program, a service that monitors and reports the circular performance of a business&rsquo;s existing supply chain, 2) Product Circularity Improvement Program, a service in collaboration with KPMG to identify areas where the circularity of an existing supply chain can be improved, and 3) Circular Transition Indicators (CTI) Program, a service that supports and guides businesses through circular transition.
 
 
 Key customers and partnerships
 
 
 In March 2024, Circular IQ reported more than 2,000 CTI customer accounts in 94 countries. Microsoft, KPMG, Whirlpool, Saudi Aramco, Aptar, Rabobank, bp, Deloitte and Royal DSM were some of Circular IQ&rsquo;s high-profile clients.&nbsp;&nbsp;
 
 
 
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Circular IQ

<div>
 
 Cloverly offers an API-based digital infrastructure for voluntary carbon markets (VCM). The Cloverly platform is used by both corporate buyers and project suppliers. Buyers can directly purchase carbon removal credits through its platform or integrate its technology into their products, services, or supply chains. Similarly, project suppliers leverage the Cloverly Marketplace and the supplier software, to manage commercial operations such as inventory management and tracking of carbon credit sales. The supplier platform offers carbon credits from suppliers including Therm, KOKO Networks and CarbonCure. For each carbon credit purchase, Cloverly produces a unique transaction receipt and certificate.&nbsp;
 
 
 Key customers and partnerships
 
 
 Leading companies such as American Express, Salesforce, Visa, have added Cloverly to their platforms to facilitate the purchase of carbon offset credits. The online gift card company, Instagift, also allows its customers to offset emissions through Cloverly. In November 2021, Clovery partnered with Diversifi to launch a service that offsets the crypto-carbon footprint. In May 2022, Cloverly also partnered with 
 <a href="https://sp-edge.com/updates/11507">
 BeZero Carbon
 </a>
 to obtain third-party ratings and independent quality assessments and 
 <a href="https://sp-edge.com/updates/11506">
 Redwood Logistics
 </a>
 to measure freight emissions and offset those via carbon credits in July 2022. In November 2023, the company also collaborated with Sustain.Life, a B2B carbon intelligence startup, to supply carbon credits. As of February 2024, the Cloverly platform was used by over 300 global enterprises.&nbsp;
 
 
 Funding and financials&nbsp;
 
 
 Cloverly&rsquo;s most recent funding was in May 2023, when it raised USD 19 million in a 
 <a href="https://sp-edge.com/updates/18533">
 Series A funding
 </a>
 round led by Grotech Ventures. In July 2021, Cloverly raised USD 2.1 million in a seed funding round led by TechSquare Ventures. As a part of the transaction, Cloverly was also spun out from Southern Company, an American gas and electric utility where it was incubated.
 
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Cloverly

UK-based Giki offers two mobile apps to reduce the personal carbon footprint of its users:Giki Badges is an app that allows users to find sustainable and healthy products in supermarkets through 15 unique badges to UK supermarket products based on sustainability, health, and fairness. Customers can scan the product barcode to find the badges that are being awarded to the product. Giki Badges reported awarding badges to over 280,000 supermarket products.Giki Zero is an app that allows users to calculate and reduce the personal carbon footprint. Giki Zero estimates the personal carbon footprint of a user based on a lifestyle survey (a set of detailed questions about the user’s lifestyle) and provides customized advice to reduce the user’s carbon footprint. Giki Zero Pro is an extension of the same product for businesses which allows employees to monitor and reduce their carbon footprint.Key customers and partnershipsIn April 2023, Giki partnered with <a href="https://www.compass-group.co.uk/media/news/compass-partners-with-social-enterprise-giki-to-empower-its-45k-strong-workforce-to-reduce-their-carbon-footprint/">Compass Group </a>, a UK-based food and support services provider, to calculate and reduce the personal carbon footprint of its employees. As of March 2024, Giki had worked with over 100 global customers, including NatWest Group, Federated Hermes International, BBC, Deloitte, Adobe and Accenture, among others.

Giki

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 Canada-based Metrio primarily offers SaaS-based Environmental, Social and Governance (ESG) reporting solutions for businesses. Metrio allows companies to monitor their ESG performance in real-time using dashboard tools to create customized reports based on any standard ESG framework. In addition to ESG reporting, Metrio also offers ESG industry benchmarking, supply chain ESG monitoring, and ESG investment management services.&nbsp;
 
 
 Key customers and partnerships
 
 
 In June 2022, Metrio was acquired by Nasdaq. After the acquisition, Nasdaq integrated Metrio&rsquo;s SaaS platform into its suite of ESG solutions. Metrio continued to remain an independent company and brand after the investment. 	
 
 
 As of January 2024, Metrio software was used by over 5,000 clients, including 100+ multinational companies across financial, food, manufacturing, retail, and transportation sectors. Major customers include Target, Air Canada, Decathlon, and Aldo.
 
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Metrio

<div>
 
 Proof (formerly Proof of Impact) is an Impact-as-a-Service (IaaS) company based in the Netherlands. Proof offers a range of SaaS-based digital tools for businesses and investors to collect, verify, and analyze real-time sustainability data from community assessments, IoT devices, and corporate disclosures. The company also verifies and secures them using blockchain technology and presents them in a quantifiable form for sustainable decision making.&nbsp;
 
 
 
 
 Proof&rsquo;s services include: 1) Digital consultancy&ndash;digital assessments to create and deploy a company&rsquo;s sustainability strategy, 2) Impact dashboard&ndash;an end-to-end solution to collect, verify, analyze, and report sustainability data, and 3) Impact Catalyst Cloud&ndash;cloud-based tools and API solutions for tracking, verifying, and investing in sustainability projects. Proof also operates a marketplace for sustainability projects where investors may directly select, and fund verified sustainable projects.&nbsp;
 
 
 
 
 Key customers and partnerships
 
 
 
 
 In May 2023, the company 
 <a href="https://resources.proof.io/press-release-assetmetrix-and-proof-join-forces-to-offer-an-integrated-sfdr-focused-esg-solution-to-private-market-clients/">
 partnered
 </a>
 with AssetMetrix, a German-based next generation asset servicer, to offer an integrated solution for ESG data collection, reporting and optimization.&nbsp;
 
 
 
 
 Funding and financials
 
 
 
 
 Proof&rsquo;s most recent funding was in August 2022, when it raised USD 6 million in a 
 <a href="https://sp-edge.com/updates/12037">
 pre-series A funding
 </a>
 round led by Rakuten Capital. Previously in December 2021, the company raised USD 2.3 million in a seed funding round led by Altera Investments.&nbsp;
 
 
 
</div>

Proof of Impact

Pure-play software solutions that measure, monitor, analyze, and report carbon footprints of internal business operations including ESG management and reporting software. Excludes supply chain and other Scope 3 carbon intelligence solutions.

Software for offsetting business carbon footprints including carbon intelligence startups that also offer offsetting solutions. Primarily includes instant offsetting services and carbon trading marketplaces.

Pure-play software solutions to measure, monitor, and analyze personal carbon footprints.

Software solutions to reduce, and offset personal carbon footprints including carbon intelligence startups that also offer offsetting solutions.

Pure-play software solutions that measure, monitor, analyze, and report carbon footprints from supply chains and other Scope 3 emissions.

Carbon trading marketplaces that allow individual and business users to buy and sell carbon offsets.

Solutions used improve carbon tracking transparency across internal and external business operations

Provides tools to monitor and offset CO2 emissions using reforestation, renewable energy credits, etc

Some carbon trading marketplaces are blockchain based (e.g., Nori)

Some carbon tracking companies use AI to measure and report CO2 emissions (e.g., Persefoni)

Ecologi is a UK-based for-profit social enterprise, where customers can calculate emissions, set reduction goals, fund reforestation, high-quality carbon avoidance, and removal projects, and share their impact dashboard. The Ecologi Zero carbon footprinting tool is an offering that enables the calculation of carbon footprints for free. Once emissions are measured, users can identify their emission hotspots using the Ecologi Zero dashboard and establish goals to reduce them. Ecologi also provides a marketplace and tree and impact APIs, facilitating the integration of climate action into ecommerce platforms. This integration enables automatic funding of tree planting for every order or supporting verified climate projects with each transaction. The company offers Climate Action Workforce on a subscription model, allowing clients to actively engage and reward their employees, while the subscription funds certify carbon avoidance and tree planting projects. Ecologi extends its impact to individuals through the Climate Positive Individual program, allowing individuals to contribute to the restoration of the planet through a monthly subscription. As of August 2023, the company has planted over 15 million trees and funded around 70 million trees, leading to the avoidance of 2.8 million tons of CO2e. As of the same date, Ecologi had over 40,000 members (individual customers) and around 19,000 business customers. The majority of these trees have been planted across Madagascar, Mozambique, Nicaragua, the US, Australia, the UK, and Kenya. As of August 2023, the company’s B2B business offers subscription plans that begin with the Starter Plan at GBP 5.35 (~USD 5.72) per employee per month, followed by the Essential Plan at GBP 10.70 (~USD 11.4) per employee per month, and the Ultimate Plan at GBP 21.40 (~22.9) per employee per month. Notable customers of the company encompass Krystal Hosting, Albert, and Your Coop.

Treedom is an Italy-based investment company that offers a digital platform enabling individuals and businesses to plant trees and monitor their growth online. It finances local farmers worldwide and offers them expertise and technical assistance for tree planting and management. Each tree is assigned an online page with geolocation and photographs and progress updates are shared in a virtual Tree Diary that can be gifted via messages or email. In addition to Italy, Treedom has offices in Germany, the UK, France, Kenya, the US, and the Netherlands. Treedom is reportedly the world’s first online agroforestry project funding platform. The company offers pricing tiers: Starter: Three trees/month at EUR 54.79/month (~USD 58.59/month); Essential: Five trees/month at EUR 87.73/month (~USD 93.82/month); Professional: Eight trees/month at EUR 142.63/month (~USD 152.53/month); and One tree per day: 30 trees/month at EUR 482.39/month (~USD 515.89/month). As of August 2023, over three million trees have been planted, with over one million people and more than 11,000 companies choosing to plant trees with Treedom. Key customers and partnershipsIn October 2022, Treedom partnered with Moore Global to plant hundreds of trees in locations in Colombia, Ghana, Kenya and beyond, with a three-year agreement to continue the work with Treedom. Companies that have worked with Treedom to plant trees include Pinko (June 2019), Voihotels (June 2022), TERRAEVENTS (May 2022), Altamira (February 2021), leBebè (May 2021), Cambridge &amp; Counties Bank (December 2022), Electrosonic (October 2022), Marcolin (September 2021), Scutum (July 2022), and Sedex (June 2023). Other notable customers include Nespresso, Timberland, and Lo Studio. In April 2024, Leasys teamed up with Treedom to enforce positive and sustainable practices in improving environmental impact.

Treedom

Cultivo is a California-based climate-focused FinTech that identifies high-quality projects and forecasts the natural capital returns using proprietary algorithms, including the Natural Capital Search Engine, and geospatial remote sensing technologies. It calculates, measures, and assesses the value of large properties, including land degradation, soil moisture potential, land cover/vegetation changes, species biodiversity, water balance, and the potential for droughts and floods. Cultivo partners with NGOs and local landowners to ready these assets and offer them to financial partners to attract significant investments in projects that restore and protect nature while integrating local communities. The company works on regenerative land projects worldwide, including Australia, South Africa, Mexico, Madagascar, the US, and Indonesia. The company is able to either 1) unlock and expand the natural capital value of clients' existing land portfolios, 2) build new portfolios of natural capital using customers’ financial and impact criteria, or 3) offer carbon offsets from existing portfolios. Cultivo’s <a href="https://cultivo.land/company/our-approach">project types </a>include forests, wetlands, grasslands, and regenerative agriculture. As of September 2023, the company <a href="https://cultivo.land/documents/Public_Benefit_Report_Cultivo_Land_PBC_Dec_2021.pdf">aimed </a>to regenerate 1% of the world’s land into healthy ecosystems by building portfolios of natural capital assets with high-regeneration potential. Key customers and partnerships• In August 2022, the International Finance Corporation (IFC) <a href="https://www.reuters.com/business/environment/exclusive-world-banks-ifc-taps-blockchain-carbon-offsets-2022-08-17/">partnered </a>with Cultivo, sustainability finance company Aspiration, and blockchain technology firm Chia Network to launch the Carbon Opportunities Fund, which aimed to provide carbon offsets on blockchain.• In December 2020, the company partnered with Nature For Justice to combine their technologies to help vulnerable communities affected by climate change generate sustainable income from natural capital.• In August 2024, Cultivo partnered with Conserve to regenerate the Kunene Highlands in Namibia

Cultivo

Single.Earth is an Estonia-based tokenization platform for forests and wetlands to create profit for landowners through carbon and biodiversity credits, using data science and AI for environmental modeling and blockchain for secure MERIT token transfers. The company works with landowners across Europe and in Brazil. The company accepts landowners with at least three hectares of mature forest located within the European Economic Area (EEA). The company builds a digital twin of nature that reveals how much any area of ecological significance in the world absorbs CO2 and retains biodiversity. Using satellite imagery, Big Data analysis, and machine learning to build global carbon models, Single.Earth tokenizes the planet’s resources, including forests and swamps. The tokens generate profits through carbon compensations, emitting a new MERIT token for every 100 kg of CO2 sequestered in a specific forest or biodiverse area. The tokens can be used to trade as an investment instrument and compensate for CO2 footprint. Single.Earth also developed a risk assessment tool for its digital twin, detecting near-harvesting-age forests. The company also introduced Ecosystem Integrity Index (EII) which assesses the health, integrity, and resilience of ecosystems beyond carbon. A MERIT token is priced at EUR 3 (~USD 3.2). The company opened early-access sales of MERIT tokens in September 2022, after nearly two years of R&amp;D and partnering with landowners. Key customers and partnerships In December 2022, Single.Earth collaborated with Salv, a regulatory technology firm, to utilize Salv's screening processes against high-risk customers among landowners and token buyers, thereby preventing the exploitation of their GeenTech business for financial crime.

Single.Earth

Terraformation is a Hawaii-based forest restoration company that provides early-stage financing and customized design for biodiversity-based carbon projects. Since 2019, the company has launched 19 restoration pilot projects across 12 countries.The company combines local expertise and AWS Cloud computing tools, including Amazon Elastic Compute Cloud (Amazon EC2) and AWS Secrets Manager to help regrow plants. Once in the climate-controlled environment, the seeds are monitored by sensors that send data on temperature, humidity, and seed health to the cloud. As of November 2022, Terraformation and its partners have planted over 350,000 new plants and trees, with plans to plant over 1.6 million in the coming years.The company has also introduced localized seed collection and storage as a solution to the bottleneck in sourcing native seeds for reforestation projects. Terraformation’s modular, off-grid seed banks can process and store millions of seeds per year. These <a href="https://www.terraformation.com/solutions/seed-bank?">seed banks </a>can be placed in any remote location and clean, dry, store, and test seeds, using methods that preserve seed viability to ensure native seed availability and diversity for reforestation projects.The company has also developed its open-source <a href="https://www.terraformation.com/solutions/software?">Terraware software </a>, which allows partners to remotely monitor all aspects of restoration, including seed bank conditions and inventory, nursery or planting sites, globally. The company was also developing a mobile app for seed collectors to easily keep track of the number and types of seeds they gather, which automatically updates the seed bank’s database. As of August 2023, 37 forestry organizations across 47 countries use Terraware.‍In November 2022, the company launched the Seed to Carbon Forest Accelerator, reportedly the world’s first biodiversity-focused, carbon-funded forest accelerator program. The program supports early-stage forestry teams to launch, build, and scale biodiverse reforestation projects and produce high-quality, verified carbon credits.Key customers and partnerships• In March 2022, Terraformation partnered with <a href="https://www.terraformation.com/blog/bitkraft-ventures-partners-with-terraformation?">BITKRAFT Ventures </a>, an investment platform for gaming and interactive media, where the company was to support two Terraformation projects: ReClimate in Ukraine to plant 10,000 trees and the Kilimanjaro Project in Tanzania to support a reforestation seed bank.• In January 2022, Terraformation partnered with <a href="https://www.terraformation.com/blog/bgci-terraformation-launch-seed-partnership-for-global-reforestation?">Botanic Gardens Conservation International </a>(BGCI), the world’s largest plant conservation network, to increase access to seeds by equipping botanic gardens with seed banks that can be shipped anywhere in the world.• Terraformation has also partnered with and supported <a href="https://www.terraformation.com/blog/eden-reforestation-projects?">Eden Reforestation Projects </a>, <a href="https://www.terraformation.com/blog/new-partner-sana-tanzania?">Saving Africa’s Nature </a>(SANA), <a href="https://www.terraformation.com/blog/humans-for-abundance-ecuador-partner-announcement?">Humans for Abundance </a>, <a href="https://www.terraformation.com/blog/new-partners-worldview-impact-india?">Worldview Impact </a>, <a href="https://www.terraformation.com/blog/new-partner-reclimate-ukraine?">ReClimate </a>, and <a href="https://www.terraformation.com/blog/new-partner-uganda-environmental-defenders?">Environmental Defenders </a>by providing seed banks and nursery designs.• In September 2022, Terraformation acquired certain assets of <a href="https://www.bigislandvideonews.com/2022/09/26/terraformation-forest-restoration-company-expands-on-hawai%CA%BBi/#:~:text=Terraformation%2C%20a%20global%20forest%20restoration,well%20as%20native%20forest%20restoration.">Agro Resources </a>, a Hawaii-based agroforestry company, to scale its on-the-ground operations in the country.• In June 2024, the company partnered with <a href="https://sp-edge.com/updates/30648">Grosvenor Property UK</a> on the sale of the ReDAW project, the first Verified Carbon Units (VCUs) from Terraformation's Seed to Carbon Forest Accelerator.

Terraformation

Companies focusing on monitoring oceans and ocean activity using drones, surface, and subsurface devices.

Companies focusing on observing and tracking changes in forest ecosystems using satellite imagery, AI, etc.

Companies providing supportive technologies for businesses whose activities involve forests and oceans, so that they can be more sustainable. (e.g. timber tracking, LIDAR mapping, AI and innovative products reducing bycatch)

Companies focusing on the regeneration of depleted ecosystems such as forests through innovative solutions such as cocoons, seed balls, genetically modified trees, etc.

Companies that finance conservation efforts through offering products, tokens or assets to consumers.

Companies that engage in removing salt from seawater using renewable energy sources.

Companies focusing on the regeneration of depleted ecosystems such as coral reefs through innovative solutions such as reef cubes, and drones. Also includes companies focusing on preventing macro and micro plastics from entering the oceans.

Tech coupled with conservation, biodiversity tracking, and sustainable usage to promote ecosystem regeneration and balance

Uses AI/ML to monitor oceans and forest degradation as well as reduce bycatch

Ecologi

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