Left to right: Reuben Lai, CEO and Co-Founder; Gerry Ong, Head of Geospatial and Co-Founder
Today, Singapore-based climate tech company Arkadiah announced the closure of an undisclosed seed funding round led by Golden Gate Ventures, with the participation of The Radical Fund and Money Forward Venture Partners (HIRAC FUND).
With the new funding, Arkadiah plans to enhance its AI models, expand its product offerings and be in a “strong position to scale” with project developers, natural climate investors, land owners and corporations.
The company was founded in 2023 based on the idea that nature-based solutions, such as reforestation and agroforestry, could contribute 30 per cent of the needed mitigation by 2050 for the Paris Agreement’s 1.5℃ target. However, current restoration projects face delays due to manual processes, hindering funding, scaling, and speed.
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Arkadiah aims to contribute to the solution by reviving degraded land through AI-enabled nature restoration.
Arkadiah’s proprietary platform leverages AI, LiDAR, and satellite imagery to offer transparent and verifiable data. The platform simplifies the implementation of nature-based climate solutions by digitising the entire process for project developers, landowners, and corporations. This facilitates high-quality carbon removal and the advancement of biodiversity-rich ecosystems.
With 15 per cent of the world’s tropical forests, significant biodiversity hotspots, and economies reliant on agriculture, Southeast Asia is strategically positioned for nature-based climate solutions to play a substantial role in achieving the region’s climate goals.
“We’re thrilled to have the support of our investors who share our vision to build a nature-positive future. Through transformative AI and digital monitoring technology, we are eager to accelerate project funding opportunities and scale needed land restoration to bring the highest quality carbon removal and biodiversity credits in Asia,” said Reuben Lai, CEO and Co-Founder of Arkadiah, who previously led Grab Financial Group.
Arkadiah has implemented and is currently supporting pilots with more than 15 projects in Southeast Asia and Australia, focusing on pre-feasibility, feasibility studies, and digital carbon stock measurements.
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Image credit: Arkadiah
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