Sustainability
Q1 202404.03.2024

Climate Intelligence

Picture of Shubham Jaipuria

Shubham Jaipuria

at Sifted

In 2023, European climate intelligence startups secured $592 million in funding, marking a decrease from the $1.4 billion amassed by the sector in 2022, reflecting the general slowdown in technology investments last year. With startups focusing on data analytics for forestry, agriculture, flooding etc., climate intelligence companies are addressing risk assessment for various industries.

Thanks to progress in machine learning and AI, along with satellite imagery data, it's now simpler than before to forecast the impacts of climate change on different assets. And lawmakers are realizing the importance of climate intelligence. Under new EU laws, companies will need to disclose the effects of their operations on people and the environment and the influence of different sustainability issues on the company.

20 most promising early-stage startups

  • ConstellR logo

    Sifted score

    7.75
    -

    ConstellR

    Environmental data monitoring and management.

    • Strong investor(s)
    • Hiring
    • Year founded

      2020

    • HQ

      Freiburg, Germany

    • Latest round

      Seed
      17m / Sep 2022

    • Total funding

      33.5m

  • Kita logo

    Sifted score

    7.64
    -

    Kita

    Carbon market risk insurance solution

    • Strong investor(s)
    • Year founded

      2021

    • HQ

      Worcester, United Kingdom

    • Latest round

      Seed
      4.8m / Feb 2023

    • Total funding

      5.2m

  • AIRMO logo

    Sifted score

    7.3
    -

    AIRMO

    Real-time GHG emissions monitoring solution.

    • Serial founder(s)
    • Year founded

      2023

    • HQ

      Munich, Germany

    • Latest round

      Seed
      5.2m / Jun 2023

    • Total funding

      5.3m

  • Climate X logo

    Sifted score

    7.18
    -

    Climate X

    Climate risk data analytics for organizations

    • Strong investor(s)
    • Hiring
    • Year founded

      2020

    • HQ

      London, United Kingdom

    • Latest round

      Seed
      4.9m / Mar 2022

    • Total funding

      6.2m

  • LiveEO logo

    Sifted score

    6.56
    -

    LiveEO

    Satellite-based AI for vegetation management.

    • Strong investor(s)
    • Hiring
    • Year founded

      2017

    • HQ

      Berlin, Germany

    • Latest round

      Early VC
      9.1m / Nov 2023

    • Total funding

      35.2m