LBCI

Sylvera banks $57M to put carbon offsetting on a path to Net Zero

Variety and Tech

18-07-2023 | 11:17

Share

Share

Sylvera banks $57M to put carbon offsetting on a path to Net Zero

2^min

London-based climate intelligence startup Sylvera has closed another chunky funding round — bagging $57 million in Series B funding led by Balderton Capital, with participation from existing investors Index Ventures, Insight Partners, Salesforce Ventures, Speedinvest, Seedcamp and LocalGlobe. New investors Fidelity Strategic Ventures, Bain & Company and 9Yards Capital are also joining the round.

The new funding follows a $32M Series A back in January 2022 and a $5.8M seed in May 2021 — with Sylvera banking close to $100M ($96M+) in total external investment since being founded back in 2020 to plough into plugging the data gap in carbon credit accounting.

The Series B is being put towards expansion into the US market — where it’s opening a New York office and building up a local team to target its services at US financial services companies and the asset management industry. Funding is also being earmarked for further recruitment to feed its engineering and product teams so it can keep driving transparency in carbon trading markets.

Read the full story at:

https://techcrunch.com/2023/07/17/sylvera-series-b/

Variety and Tech

London

Based

Climate

Intelligence

Startup

Sylvera

Carbon

Offsetting

Path

Net

Zero

Next

Italian fashion designer Valentino has died, la Repubblica daily says

Recommended For You

Disney signs deal to let TikTok users add film extracts

Variety and Tech

2026-08-05

Disney signs deal to let TikTok users add film extracts

Amazon surges to more than $3 tn in market value for 1st time

Variety and Tech

2026-08-03

Amazon surges to more than $3 tn in market value for 1st time

EU tells Google to share search data, open Android to AI rivals

Variety and Tech

2026-07-16

EU tells Google to share search data, open Android to AI rivals

OpenAI says powerful new model to launch publicly on Thursday

Variety and Tech

2026-07-08

OpenAI says powerful new model to launch publicly on Thursday

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Israel issues evacuation warning for building in Beirut’s Borj el-Brajneh

2026-03-02

Israel issues evacuation warning for building in Beirut’s Borj el-Brajneh

Sources to LBCI: Army commander heads to Pakistan for talks with his Pakistani counterpart

2026-06-05

Sources to LBCI: Army commander heads to Pakistan for talks with his Pakistani counterpart

Lebanon updates fuel prices

Lebanon Economy

2026-01-23

Lebanon updates fuel prices

A new force for Lebanon's south? The debate over who will monitor the next phase after UNIFIL

News Bulletin Reports

13:01

A new force for Lebanon's south? The debate over who will monitor the next phase after UNIFIL

Videos

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

2026-08-06

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

2026-07-24

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

2026-07-20

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

2026-06-26

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

2026-06-26

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

2026-06-26

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

2026-06-20

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

Massive Israeli strikes hit South Lebanon under ceasefire conditions

2026-06-19

Massive Israeli strikes hit South Lebanon under ceasefire conditions

Trump criticizes Israel’s Lebanon campaign, says war has gone on ‘too long’ and floats Syria role in conflict

2026-06-16

Trump criticizes Israel’s Lebanon campaign, says war has gone on ‘too long’ and floats Syria role in conflict

Most read

24 hours

7 days

Month

Lebanon has not agreed to shortlist of countries that could verify Hezbollah's disarmament: Reuters

1

Lebanon has not agreed to shortlist of countries that could verify Hezbollah's disarmament: Reuters

Dispute between Lebanon’s prime minister and defense minister under discussion, sources say

2

Dispute between Lebanon’s prime minister and defense minister under discussion, sources say

Lebanon Cabinet approves fees on waste-generating products despite ministerial objections

3

Lebanon Cabinet approves fees on waste-generating products despite ministerial objections

Explosion rocks ammunition factory near Rome

4

Explosion rocks ammunition factory near Rome

Ali al-Taher hills: Between military confrontation and surrender scenario

5

Ali al-Taher hills: Between military confrontation and surrender scenario

Lebanon's defense minister apologizes to martyrs' families, vows to defend army's voice

6

Lebanon's defense minister apologizes to martyrs' families, vows to defend army's voice

Lebanon presidency denies media reports on Aoun-Trump meeting

7

Lebanon presidency denies media reports on Aoun-Trump meeting

A new force for Lebanon's south? The debate over who will monitor the next phase after UNIFIL

8

A new force for Lebanon's south? The debate over who will monitor the next phase after UNIFIL

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More