UK-based climate tech startup Revalue Nature has raised £8m ($10m) in a Series A funding round.

The investment was co-led by Ecosystem Integrity Fund (EIF) and SJF Ventures, two leading venture firms focused on climate and impact.

Headquartered in London, Revalue Nature develops nature-based carbon projects that protect against deforestation – in addition to enhancing biodiversity and driving local community economic development.

One of most exciting features about Revalue Nature’s technology is its ability to help address climate change at scale.

The company’s projects currently spanning more than eight countries and three continents.

SJF Ventures’ investment in Revalue Nature is the culmination of a year-long evaluation of nature-based solutions.

A spokesman for the investor said: “We came away with conviction that Revalue Nature has the ingredients to drive a step-change in project integrity.

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“This can be seen in the company’s culture of analytical rigor, the demonstrated values of team members, the alignment between business objectives and project integrity, the emphasis on enduring partnerships, and market validation by participants along the industry’s value chain.”

Stuart Rowland, CEO and founder of Revalue Nature, said: “Revalue exists to deliver a fundamental step-change in integrity at scale.

“We are rethinking carbon projects from the ground up. We believe this fundamental step-change in the quality of carbon projects is required to build confidence in the market.

“’Slightly better’ is not good enough. Confidence is required for the carbon market to go from a pond to an ocean. An ocean of demand is required for impact at a planetary scale.

“Our world cannot afford anything less than impact on the planetary scale. This drives us every day.

“Revalue supercharges the world’s leading nature-based developers.

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“This is supercharged by our climate tech, which creates a step-change in accuracy, speed, automation, and level of insights during the project assessment and development process.

“This allows on-the-ground developers to focus on what they do best – creating real-world impact for nature.”