Latham & Watkins advised Index Ventures on leading a US$7.8 million seed round for Sylvera, a London-based carbon offset ratings platform.
Sylvera uses satellite, radar and lidar data-fuelled machine learning to bolster transparency around carbon offsetting projects in a bid to boost accountability and credibility — applying independent ratings to carbon offsetting projects.
The Latham team was led by London corporate partner Shing Lo, with associate Samantha Si.
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