Munich-based Hula Earth, an automated biodiversity monitoring platform, has raised €1.6M in a pre-seed round of funding.
The round was led by Point Nine Capital, with additional support from Climate Founders, Partners in Clime, WithEarth, and prominent entrepreneurs such as Lawrence Leuschner (Tier Mobility), Kilian Kaminsky (Refurbed), Florian Hildebrand (Greenlyte Carbon Technologies), and Markus Linder (Zoovu).
The European Space Agency (ESA) has also officially endorsed the venture.
Pawel Chudzinski of Point Nine Capital says, “Biodiversity loss is one of the defining challenges of our generation. We are convinced that technology can help organisations measure and manage their impact on biodiversity, but scalable solutions have been missing.”
“Hula’s approach, combining hardware and software technologies in one integrated biodiversity monitoring platform, impressed us. We are excited to be backing the team behind Hula on their important mission.”
Capital utilisation
Hula Earth has raised funds to support its expansion plans. The company claims that its technology is already helping businesses work towards becoming nature-positive.
Co-founder and CEO, Geiser says, “More than half of the global GDP is dependent on nature. Only by monitoring its condition with real data captured onsite and working towards a future-proof state can we ensure access to ecosystem services as well as food and medicine security for future generations.”
“Fortunately, many companies with land use already optimise for biodiversity to increase climate resilience and crop quality. The demand for primary data is rapidly increasing, not only due to new reporting requirements.”
Advancing biodiversity monitoring
Hula Earth aims to tackle the decline in global biodiversity, with 69 per cent of wildlife populations lost in the past 50 years. Experts stress that achieving nature-positive goals by 2030 will require $967B in annual investments.
Founded in 2023 by Florian Geiser and David Schmider, Hula Earth is transforming biodiversity monitoring with its use of IoT sensor networks and satellite data.
The company currently manages 400 hectares and has collected 1 TB of biodiversity data. Its two-part monitoring system includes proprietary BioT sensors that automatically gather environmental data and bioacoustic recordings, capable of identifying over 6,000 species, along with satellite imagery integration for comprehensive biodiversity insights.
This automated solution addresses the challenges of manual data collection and offers scalable, data-driven insights to help industries like food production, cosmetics, and infrastructure manage their environmental impact and make sustainability decisions.
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