{"id":3570,"date":"2024-05-14T13:26:32","date_gmt":"2024-05-14T10:26:32","guid":{"rendered":"https:\/\/sahfy.net\/news\/?p=3570"},"modified":"2024-05-14T13:26:32","modified_gmt":"2024-05-14T10:26:32","slug":"dendra-systems-secures-15-76-million-12-5m-in-series-b-funding","status":"publish","type":"post","link":"https:\/\/sahfy.net\/news\/?p=3570&lang=en","title":{"rendered":"Dendra Systems Secures $15.76 million (\u00a312.5m) in Series B Funding"},"content":{"rendered":"<p><span style=\"font-size: 10.5pt;font-family: 'Open Sans',sans-serif;color: black\">Dendra Systems, a leader in technology-driven ecological restoration, today announces the successful closure of its Series B funding round, raising $15.76 million<sup>1<\/sup>\u00a0(\u00a312.5 million) to accelerate its mission of advancing global ecosystem restoration efforts.\u00a0<\/span><\/p>\n<p style=\"text-align: start\"><span style=\"font-size: 10.5pt;font-family: 'Open Sans',sans-serif;color: black\">The round was led by climate tech investor, Zouk Capital, with significant participation from new investor Aramco Ventures and existing investor Airbus Ventures. Additional contributions came from existing investor Understorey Capital and several new investors including Helium-3 Ventures.\u00a0<\/span><\/p>\n<p style=\"text-align: start\"><span style=\"font-size: 10.5pt;font-family: 'Open Sans',sans-serif;color: black\">Founded in 2014 and based in Oxford, Dendra Systems employs 87 dedicated professionals across the UK, Australia, UAE, and US.\u00a0\u00a0The company provides an end-to-end RestorationOS<sup>TM\u00a0<\/sup>solution to restore nature, powered by high-resolution data capture and drone-based seeding, and a comprehensive AI-enabled ecosystem insights platform. Dendra&#8217;s innovative approach is able to achieve targeted, rapid deployment of restoration efforts at scale, in addition to ongoing monitoring, management and reporting for the duration of multi-year projects.<\/span><\/p>\n<p style=\"text-align: start\"><span style=\"font-size: 10.5pt;font-family: 'Open Sans',sans-serif;color: black\">Dendra is applying its market-leading RestorationOS<sup>TM\u00a0<\/sup>technology and ecological expertise to enabling customers such as Rio Tinto, Glencore, Liontown, BHP, and the Environment Agency \u2013 Abu Dhabi (EAD), in achieving their environmental objectives. Currently managing over 70,000 hectares, Dendra is setting new standards in nature restoration, with demonstrated capabilities in mining, infrastructure, mangrove and arid ecosystem restoration.\u00a0<\/span><\/p>\n<p style=\"text-align: start\"><span style=\"font-size: 10.5pt;font-family: 'Open Sans',sans-serif;color: black\">The fresh injection of capital will be directed towards Dendra Systems&#8217; expansion into new geographical markets and the continuous enhancement of its pioneering AI-enabled ecology platform. These efforts aim to address the urgent need for large scale and efficient restoration solutions in the face of escalating environmental challenges within the mining sector and other industries critical to the energy transition.\u00a0<\/span><\/p>\n<p style=\"text-align: start\"><span style=\"font-size: 10.5pt;font-family: 'Open Sans',sans-serif;color: black\">Dr Susan Graham, CEO Dendra Systems: &#8220;We are immensely proud of securing the support of these experienced and supportive investors as we embark on this next phase of growth. This funding will enable us to bring our AI-driven restoration solutions to more ecosystems around the world, helping to reverse biodiversity loss and mitigate the effects of climate change. Our RestorationOS<sup>TM\u00a0<\/sup>technology and approach represent a game-changing opportunity for environmental monitoring and restoration, and we are excited to be able to double down on our efforts to empower environmental teams to reverse these global trends.&#8221;<\/span><\/p>\n<p style=\"text-align: start\"><span style=\"font-size: 10.5pt;font-family: 'Open Sans',sans-serif;color: black\">John Higelin, Partner Zouk Capital: &#8220;<\/span><span style=\"font-size: 10.5pt;font-family: 'Open Sans',sans-serif;color: #0d0d0d;background: white\">The drive to revitalise our planet&#8217;s ecosystems is among the most pressing challenges of our era. As the global community strives towards environmental sustainability, Dendra Systems is tackling the critical task of ecosystem monitoring and restoration head-on and at scale.\u00a0<\/span><span style=\"font-size: 10.5pt;font-family: 'Open Sans',sans-serif;color: black\">Zouk Capital is delighted to lead this Series B round, supporting Dendra&#8217;s mission to expand their impact globally. &#8221;\u00a0<\/span><\/p>\n<p style=\"text-align: start\"><span style=\"font-size: 10.5pt;font-family: 'Open Sans',sans-serif;color: black\">Bruce Niven, Executive MD, Strategic Venturing, Aramco Ventures: \u201cWe are excited about the potential of Dendra Systems\u2019 technology to make a huge impact on biodiversity by restoring ecosystems, thus contributing to increasing plant species richness and habitat restoration, as well as its impact on forestry and mangroves plantation management, which is a key enabler for scaling nature-based solutions\u201d.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dendra Systems, a leader in technology-driven ecological restoration, today announces the successful closure of its Series B funding round, raising $15.76 million1\u00a0(\u00a312.5 million) to accelerate its mission of advancing global ecosystem restoration efforts.\u00a0 The round was led by climate tech investor, Zouk Capital, with significant participation from new investor Aramco Ventures and existing investor Airbus [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":3571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[39,168,130,107,87,15,27,3716],"tags":[5022,5024,5016,5020,5018,365,5026],"class_list":["post-3570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-economy-en","category-country","category-featured-en","category-funding-round","category-gcc-en","category-press-releases","category-technology","category-uae","tag-aramco-ventures","tag-australia","tag-dendra-systems","tag-oxford","tag-series-b-funding","tag-uae","tag-us"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.6.1 - 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