What is Cervest?
Cervest offers a sophisticated cloud-based Climate Intelligence (CI) platform designed to empower organizations in managing and adapting to climate-related risks at an asset-specific level. Leveraging AI, its on-demand platform delivers a standardized, science-based view of climate risk by analyzing millions of global assets across various time horizons and risk categories. The flagship product, EarthScan, enables enterprises and governments to baseline, monitor, and forecast climate risks. Cervest's open-access approach aims to foster widespread integration of Climate Intelligence into decision-making processes, thereby protecting critical global assets.
How much funding has Cervest raised?
Cervest has raised a total of $34.8M across 2 funding rounds:
Angel/Seed
$4.8M
Series A
$30M
Angel/Seed (2019): $4.8M with participation from Future Positive Capital and Astanor Ventures
Series A (2021): $30M led by Astanor Ventures, Draper Esprit, Lowercarbon Capital, UNTITLED, TIME Ventures, and Future Positive Capital
Key Investors in Cervest
Astanor Ventures
Astanor Ventures is an investment firm focused on transforming the agrifood system through innovation and impact, supporting businesses across the sector with a commitment to sustainability and health.
Draper Esprit
Draper Esprit is a venture capital firm based in London, UK, that invests in high-growth technology companies with global ambitions.
Lowercarbon Capital
Lowercarbon Capital is a venture capital firm that invests in companies focused on reducing CO2 emissions and mitigating climate change.
What's next for Cervest?
With substantial enterprise-level backing and a recent strategic investment, Cervest is poised for significant expansion. The company's focus on providing actionable climate risk intelligence positions it at the forefront of a rapidly growing market driven by increasing regulatory pressures and corporate sustainability initiatives. Future growth is likely to involve scaling its platform capabilities, expanding its client base across diverse industries, and potentially forging new partnerships to integrate its CI data into broader enterprise resource planning systems. The company's trajectory suggests a strong emphasis on enhancing its AI-driven analytics and broadening the scope of its climate risk assessments.
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