Munich-based Hula Earth raised €1.6 million in a pre-seed round led by Point Nine Capital to expand its biodiversity monitoring platform.

Nov 13, 2024•8 months ago

Amount Raised

€1.6 Million

Round Type

seed

MunichSoftware

Investors

European Space AgencyMarkus LinderFlorian HildebrandKilian KaminskyLawrence LeuschnerWith EarthPartners In ClimeClimate FoundersPoint Nine Capital

Description

Hula Earth has successfully secured €1.6 million in pre-seed funding to enhance its automated biodiversity monitoring platform. The funding round was led by Point Nine Capital and supported by various investors, including the European Space Agency.

Company Information

Company

Hula Earth

Location

Munich, Bavaria, Germany

About

Hula Earth is a Munich-based startup focused on biodiversity monitoring. It provides an innovative automated platform that combines proprietary smart sensors and satellite data to help industries monitor their environmental impact. Founded to tackle the critical issue of biodiversity loss, Hula Earth's technology aims to improve biodiversity management and facilitate informed sustainability decisions. Their two-part system allows for comprehensive insights, assisting companies across various sectors to reduce business risks and promote nature-positive practices.

Funding Insights

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Munich-based Hula Earth raised €1.6 million in a pre-seed round led by Point Nine Capital to expand its biodiversity monitoring platform.

Investors

Description

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