Albo Climate

Company Overview

Snapshot

Founded in July 2019 by Jacques Amselem, Marco Calderón-Loor, and Ariella Charny, Albo Climate operates with 1–10 employees. The company has raised $120K across two funding rounds from three investors. In December 2021, Albo Climate announced the closing of a Seed round investment.

Business overview

Albo Climate specializes in advancing artificial intelligence and satellite-powered technology to monitor carbon removal through nature-based climate solutions. The company utilizes exclusive AI algorithms with satellite data to quantify and map land use and carbon dynamics, focusing on digital monitoring, reporting, and verification to promote carbon financing. Its core technology applies AI to satellite images to monitor carbon dioxide removed by vegetation across various ecosystems, providing visual maps that can predict carbon values for areas ranging from entire forests to small plots. Albo Climate operates in the Aerospace, Defense & HLS sector, serving markets such as Europe, the United States, and Africa.

Strategic signal

In March 2023, Albo Climate was selected for Google's European Accelerator program, a 10-week equity-free initiative connecting Google's resources with climate change and clean technology innovators. This selection validates Albo Climate's AI-driven approach to climate action and signals strong industry recognition for its potential to scale nature-based solutions in the carbon credit market.

Company Intelligence Q&A

What is Albo Climate's primary focus?

Albo Climate focuses on monitoring carbon removal through nature-based climate solutions, utilizing artificial intelligence and satellite technology to quantify and map land use and carbon dynamics.

When was Albo Climate founded and by whom?

Albo Climate was founded in July 2019 by Jacques Amselem, Marco Calderón-Loor, and Ariella Charny.

What significant partnership did Albo Climate announce in September 2021?

In September 2021, Albo Climate partnered with Tembo Power for carbon monitoring projects in Sub-Saharan Africa.

Which accelerator programs has Albo Climate been selected for?

In March 2023, Albo Climate was selected for Google's European Accelerator program. In April 2023, the company was also selected for Microsoft's fourth AI for Good acceleration program.

When did Albo Climate announce the closing of its Seed round investment?

Albo Climate announced the closing of its Seed round investment in December 2021, with participation from Consensus Business Group (CBG).