Albo Climate, established in 2019, is an Israeli climate-tech startup specializing in remote sensing technology for carbon monitoring across various ecosystems, including cropland and forestry. The company's core offering is an AI-powered platform that utilizes satellite imagery to map, measure, and monitor carbon sequestration, aiming to scale up carbon removal efforts. Albo Climate's technology enables the digitization of carbon credit verification, making it more accessible and cost-effective. The company's solution can monitor plots as small as 10 by 10 meters, allowing smallholder landowners to participate in carbon credit markets. In September 2020, Albo Climate completed the Techstars Tel Aviv Accelerator program, and in Fall 2021, the company successfully closed its seed funding round.
Key customers and partnerships
Albo Climate has engaged in several notable partnerships to expand its reach and capabilities. In 2021, Albo Climate partnered with Taranis, a precision agriculture intelligence platform, to simplify the verification of carbon sequestration in farmland. This collaboration aims to reduce verification costs for Soil Organic Carbon (SOC) using satellite-based remote sensing, helping agriculture retailers expand carbon programs and assisting farmers in entering carbon credit markets more easily. The company is also working with Tembo to monitor rainforest conservation in Africa and collaborating with UDLA and Fundación Futuro to track carbon stock changes in Ecuador. These partnerships demonstrate Albo Climate's commitment to addressing land use challenges globally, including in some of the world's most vulnerable regions.
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