The Biodiversity Accelerator+, run by Singapore-based family office Silverstrand Capital, unveiled the five impact startups demonstrated in the Demo Day held at COP28 in Dubai on December 1.
The startups span various sectors, including commodity supply chains, infrastructure, the financial industry, and the carbon space.
The Demo Day marked the culmination of the five companies’ participation in a three-month capacity-building programme hosted by impact investor Silverstrand Capital.
The five startups are:
Bioverse: It uses technology to unlock the economic value of intact forests by generating forest inventories that locate non-timber forest products, predict their yields and deliver information that helps local communities coordinate with their supply chains.
Blue Sky Analytics: It provides extensive climate intelligence by refining and modelling satellite data and delivering real-time output to support a variety of use cases like risk assessment, MRV and carbon verification, amongst others.
Guardians of Earth: Harnessing the power of everyday citizens and consensus-based verification, the startup has built games-based systems to connect the public with nature while collecting asset-level biodiversity data.
Nika.eco: Its user-centric workspace utilizes AI and remote sensing to perform pre-feasibility studies for carbon financiers and project developers at a rate 4x faster than the industry average.
Xylo System: Its cloud-based data and AI platform provides simplified and actionable insights on nature gathered from an extensive network of verified data points for the property and energy sector.
At the end of the session, Silverstrand Capital announced US$250,000 investments each into Nika.eco and Xylo Systems.
Also Read: Meet the new Biodiversity Accelerator+ startups set to champion conservation and sustainability
The UBS Optimus Foundation will also award a cash prize to Biodiversity Accelerator+ cohort company EarthAcre for its innovative work, which focuses on measuring and monetizing biodiversity outcomes.
Silverstrand Capital is a Singapore-based investment firm with an impact investment mandate to catalyze biodiversity-positive impact. Its mission is to accelerate the widescale restoration and conservation of ecological health and biodiversity on land and sea. Its global portfolio of startups and funds spans various sectors, including regenerative agriculture, sustainable aquaculture, and nature-based solutions.
The Biodiversity Accelerator+ is a three-month hybrid programme designed to scale businesses, creating a biodiversity-positive impact. It is a philanthropic initiative of Silverstrand Capital.
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