Zurich-based Xilva, a global forest marketplace, announced on Wednesday that it has secured $1.8M (approximately €1.64M) in a pre-Seed round of funding to further develop technological solutions and scale marketing and operations.
The investment came from Brainforest, Bloomsbury Natural Capital, Insurtech.vc, and a group of international angel investors.
James Griffiths from Bloomsbury Natural Capital says, “By accelerating access to capital, Xilva will boost the rate at which forestry can sequester carbon and increase biodiversity.”
“Connecting capital to forests, faster!”
Founded in 2021 by experienced entrepreneurs and foresters Tim Duehrkoop and Lorenzo Garofano, Xilva evaluates forest projects to lower the risks associated with buying carbon credits and supporting environmental restoration projects.