Sylvera Raises $57M in Series B

Sylvera has successfully raised $57M in a Series B at a $220M valuation led by Index Ventures, Insight Partners, Balderton Capital, LocalGlobe, Salesforce Ventures.

Company Overview

Sylvera is a Climate Tech company headquartered in 1 Poultry, London EC2R 8EJ, United Kingdom, founded in 2020 with 150+ employees.

Carbon credit ratings platform

Fundraising Details

Amount Raised: $57M
Round Type: Series B
Valuation: $220M
Date: 2024-08-22
Investors: Index Ventures, Insight Partners, Balderton Capital, LocalGlobe, Salesforce Ventures

About Sylvera

Carbon credit ratings platform The company is positioned in the Climate Tech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 1 Poultry, London EC2R 8EJ, United Kingdom
Founded: 2020
Team Size: 150+
Industry: Climate Tech

What This Means

This funding round demonstrates strong investor confidence in Sylvera's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Climate Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Sylvera's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $220M valuation marks an important milestone for Sylvera, positioning the company among notable players in the Climate Tech industry.

Looking Ahead

With this new capital, Sylvera is well-positioned to execute on its growth strategy and continue building innovative solutions in the Climate Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-08-22. For more information about Sylvera, visit their headquarters at 1 Poultry, London EC2R 8EJ, United Kingdom.