NatureMetrics Secures $25M Funding to Scale Biodiversity Monitoring Solutions
January 14, 2025
NatureMetrics, a leading nature intelligence company, has successfully secured $25 million in Series B funding to expand its biodiversity monitoring technology. This investment underscores the growing importance of accurate biodiversity data as businesses and policymakers strive to address environmental challenges.
The funding round was led by Just Climate, with participation from EDF Pulse Ventures and the Monaco ReOcean Fund. Existing investors, including 2150, BNP Paribas, Ananda Impact Ventures, and SWEN Blue Ocean, also contributed. This diverse investor base reflects a strong commitment to advancing biodiversity monitoring solutions.
NatureMetrics plans to utilise the investment to enhance its nature intelligence platform and environmental DNA (eDNA) solutions. These advancements aim to provide businesses with actionable insights into their environmental impact, facilitating compliance with emerging nature-related regulations.
The company's technology leverages eDNA to monitor biodiversity by analysing genetic material collected from environmental samples. This method offers a non-invasive, efficient, and scalable approach to assessing ecosystem health, making it a valuable tool for industries seeking to understand and mitigate their environmental footprint.
The rise of frameworks such as the Taskforce on Nature-related Financial Disclosures (TNFD) and the Corporate Sustainability Reporting Directive (CSRD) has increased the demand for reliable biodiversity data. NatureMetrics' solutions are well-positioned to help businesses meet these reporting requirements, promoting transparency and accountability in environmental impact assessments.
Founder of NatureMetrics, Kat Bruce, emphasised the significance of this development, stating, "The launch of TNFD marks a critical turning point for nature. The initial response demonstrates just how eager businesses are to turn the tide on biodiversity loss."
The investment will also support the scaling of NatureMetrics' operations to meet the growing global demand for biodiversity monitoring. By providing comprehensive data on species and ecosystem health, the company enables organisations to make informed decisions that contribute to nature conservation and restoration efforts.
In addition to technological enhancements, NatureMetrics is committed to developing standardised metrics for biodiversity assessment. This standardisation is crucial for enabling consistent and comparable reporting across different industries and ecosystems, facilitating more effective environmental management strategies.
The involvement of investors like Just Climate and EDF Pulse Ventures highlights the increasing recognition of biodiversity's critical role in global sustainability efforts. Their support signals a broader shift towards integrating nature considerations into business practices and investment decisions.
As NatureMetrics continues to innovate in the field of biodiversity monitoring, it contributes to a growing movement that recognises the intrinsic value of nature. By equipping businesses with the tools to measure and manage their impact on the natural world, the company plays a pivotal role in promoting sustainable development and environmental stewardship.
This funding milestone not only accelerates NatureMetrics' growth but also signifies a broader commitment to addressing biodiversity loss. As businesses increasingly acknowledge their dependence on healthy ecosystems, solutions like those offered by NatureMetrics become essential components of corporate sustainability strategies.