Xilva raised $1.8M to build first marketplace for forest investments

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12.04.2023
Xilva Team

Xilva is a digital platform offering a curated database of quality, vetted forest projects around the world that corporate and impact investors can fund as part of their sustainability strategy. The funds from the pre-seed round will be used to further develop technological solutions and scale marketing and operations.

Founded in 2021 by a team of experienced entrepreneurs and foresters, Xilva uses its proprietary methodology Xilva GRADE to assess forest projects and thus reduce potential risks related to investing in carbon credits and nature restoration initiatives. It conducts the due diligence, facilitates the transaction process and provides certified carbon credits for companies as well as investment opportunities for their future needs.

“Forests can absorb carbon at a larger scale and lower cost than any human-made solution. The main benefits for the companies getting carbon credits with the help of Xilva are confidence that they are buying trustworthy credits and transparency throughout the process,” notes Tim Duehrkoop, Xilva’s co-founder and CEO.

The Swiss start-up has raised $1.8 million in a pre-seed round from Brainforest, Bloomsbury Natural Capital, Insurtech.vc and a group of international angel investors. “Xilva brings together finance and forest-positive projects. By accelerating access to capital, Xilva will boost the rate at which forestry can sequester carbon and increase biodiversity” commented Martin Hollands of Bloomsbury Natural Capital, a UK-based early-stage investor that specializes in natural assets and climate impact.

Projects and clients around the world

The startup works with forestry projects at different stages of development and connects them with corporate and impact investors that can fund them as part of their sustainability strategy. It lists today a curated selection of over 40 investable projects. Xilva has already signed contracts with - among others - Australian real estate Goodman and Swiss watchmaker Mondaine, facilitating transactions worth over $1.9 million towards forestry projects in Asia and Latin America and contributing to the compensation of over 152,000 tons of CO2.

“We have been addressing a broad range of carbon credit buyers and forest investors since the beginning”, explains Xilva co-founder Lorenzo Garofano. “This stems from the intrinsic scope of the challenge we are trying to solve: projects span the whole south of the world, and companies in need of climate mitigation and positive environmental impact are located in most developed countries across North America, Europe and Australia. The need is also quite consistent across industries. What we do focus on is on forests, so that the niche of customers we do and will serve is of companies that have a clear preference and commitment to nature-based solutions.”

The funds will be used to further develop technological solutions and scale marketing and operations. The company plans to source and screen 100 more projects in the next three months, using its proprietary grading methodology Xilva GRADE.

(Press release / SK)

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