Carbon offset data startup Treefera raises €2M to map forests with AI

Treefera says it wants to transform the accuracy, transparency, and efficiency of the carbon offset industry with AI and data from a trillion trees across the globe. It just received a vote of confidence in the form of a €2mn seed round led by Concept Ventures and participation from the CTO of Intel, among others. The practice of voluntary offsetting has faced criticism from various quarters, with concerns ranging from it being simply inefficient to directly detrimental to the quest for decarbonisation as a whole. Nonetheless, it is big business. Most companies touting net-zero carbon emissions by 2035, 2040, or 2050…

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