Overstory Raises $14M in Series A Funding
Summary
Overstory, an Amsterdam, the Netherlands-based climate tech startup, raised $14M in Series A funding. Led by CEO Indra den Bakker, Overstory is building technology that mitigates wildfires, protects biodiversity, and helps people make decisions about natural resources. The global vegetation intelligence platform provides insights about the location, size, health, and species of any tree on Earth. Overstory’s initial focus is to provide electric utility companies with visibility, risk analysis, and optimization recommendations for vegetation management by applying artificial intelligence to satellite imagery. In over five years, the company has actively monitored about 2 million acres, and protected $6 Billion of utility assets.
Funding
Amount
$14.0M
Total raised
Date
October 19, 2023
Announcement date
Investors
-
Lead investors
Company
http://www.overstory.com
Funded company
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
No AI classifications detected