Singapore-based impact investor Silverstrand Capital has announced the eight startups accepted into the second edition of its Biodiversity Accelerator+.
More than half of the companies in the 2023 cohort have women founders at the helm, and 63 per cent are based out of a wide range of APAC countries.
The three-month Biodiversity Accelerator+ programme will commence in Singapore next month.
The startups admitted into the new cohort are:
Arbimon (US): Arbimon‘s eco-acoustics platform enables global partners to monitor biodiversity and ecosystem health at scale with the power of sound and AI, promoting high-impact conservation and sustainable management. The startup has so far identified over 310 threatened species out of 3,552 recorded, including birds, frogs, and primates.
Bioverse (Brazil): Bioverse uses drones, satellite imagery, and mobile applications to provide critical operational data for the tropical forest bioeconomy. By equipping Amazonian communities with the digital tools they need to scale up their harvest of non-timber forest products (NTFP), it prevents deforestation and ensures more sustainable sourcing and equitable labour practices by corporate ingredient buyers.
Blue Sky Analytics (India): Blue Sky Analytics is a climate intelligence company leveraging satellite data and AI to provide high-resolution, high-frequency data for various parameters for carbon markets, asset monitoring, and climate risk analytics. As its next feature, it is adding offerings in biodiversity measurements.
EarthAcre (US, Kenya): EarthAcre aims to mitigate climate change and biodiversity collapse with the local community’s knowledge and technology. By implementing cutting-edge technologies for transparent, scalable quantification and monetisation of biodiversity, they are creating a mechanism for indigenous ecological knowledge to be the driver of permanence in nature-based solutions.
Guardians of Earth (Global): Guardians of Earth empowers organisations to address the biodiversity crisis at scale. By combining gaming, AI, AR, VR and Indigenous knowledge systems to create virtual twins called “Nature Realms”, Guardians of Earth engages people with nature in exciting new ways while amassing real-world biodiversity data. The biodiversity data collected by users is verified by an open, global network of trusted knowledge holders with a platform that financially rewards people for monitoring and raising the value of their natural capital assets.
Nika.eco (Singapore): Nika.eco provides a neutral, fast, and seamless workspace for carbon financiers and developers to streamline processes cost-effectively at the pre-feasibility stage of project development. By having coded software to produce pre-feasibility reports with risk, land-use history, and carbon sequestration analyses, they are bridging the skills gap in the carbon space to finance high-quality projects with proven additionality.
Oceanfarmr (Australia and the US): Oceanfarmr is accelerating the growth of restorative ocean farming on a global scale. With a full-suite solution for farmers – from software solutions to optimise farmer productivity, to farm financing products – they are enabling the growth of some of the world’s most sustainable sources of protein that also benefit the surrounding ecosystem and habitat diversity.
Xylo Systems (Australia): Xylo‘s cloud-based, data-powered AI platform makes it 10x easier and 5x faster for businesses to measure, manage and report on their biodiversity footprint, in line with global initiatives such as the TNFD and SBTN. It was named in The Australian’s Green Power Players List in 2023.
“The biodiversity crisis is one of the most urgent challenges of our lifetimes, accelerated greatly by commercial activities such as agriculture and mining. And yet, despite the outsized impact that the private sector has on biodiversity, only 17 per cent of the funding that goes into safeguarding nature today comes from private capital,” shared Kelvin Chiu, Founder of Silverstrand Capital. “The Biodiversity Accelerator+ is part of our efforts towards supporting market-based solutions that protect and restore nature.”
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