Company Overview
Snapshot
Founded in July 2019 by Jacques Amselem, Marco Calderón-Loor, and Ariella Charny, Albo Climate operated with 1–10 employees. The company secured $120K in total capital 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 leveraging artificial intelligence and satellite technology to monitor carbon removal through nature-based climate solutions. The company utilizes proprietary 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 predict carbon values from entire forests to small plots. Albo Climate aims to significantly enhance nature-based carbon sequestration to gigaton levels, serving the Aerospace, Defense & HLS sector.
Strategic signal
In March 2023, Albo Climate was selected for Google's European Accelerator: Climate Change program, an equity-free accelerator for Seed to Series A startups. This selection validates Albo Climate's innovative approach to climate action and its potential to scale nature-based solutions in the carbon credit market, signaling strong industry recognition and strategic alignment with major technology players.
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-powered 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 was a significant recent development for Albo Climate?
- In March 2023, Albo Climate was selected for Google's European Accelerator: Climate Change program, an equity-free accelerator for Seed to Series A startups.
- Which accelerator program did Albo Climate join in April 2023?
- In April 2023, Albo Climate was among 14 Israeli startups selected for Microsoft's fourth AI for Good acceleration program.
- What was the outcome of Albo Climate's Seed funding round?
- In December 2021, Albo Climate announced the closing of a Seed round investment, with participation from.