
Single.earth
Single Earth is an online platform that enables forests, wetlands, and other natural resources to generate profit without being sold as raw materials but instead as carbon offsets and biodiversity offsets through the first nature backed crypto token.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor | €0.0 | round | |
investor investor | €0.0 | round | |
investor investor | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
* | N/A | - | |
Total Funding | 000k |
USD | 2020 | 2021 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 485 % | - |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Single.earth, a greentech company founded in Estonia in 2019 by Merit Valdsalu and Andrus Aaslaid, is dedicated to mitigating climate change and biodiversity loss. Valdsalu, with a background in computer science and a passion for environmental issues, and Aaslaid, an experienced entrepreneur, combined their expertise to create a platform that tokenizes nature.
The company has developed a platform that allows landowners to earn income from their natural resources, such as forests and wetlands, by selling them as carbon and biodiversity credits. This is achieved through the issuance of MERIT tokens, where one token represents 100kg of CO2 captured in a biodiverse nature. These tokens are then sold on the MERIT marketplace to companies and individuals looking to offset their environmental impact.
Single.earth's business model is centered around creating a new, nature-backed financial system. By putting a price on the ecological value of land, the company provides a direct financial incentive for landowners to conserve and protect their natural ecosystems. The platform serves a dual market: landowners who wish to monetize their natural assets without resorting to traditional, often extractive, industries, and businesses seeking to meet their environmental, social, and governance (ESG) goals through credible and transparent nature-based solutions.
The company has successfully raised $7.9 million in funding to support its mission. This investment has enabled Single.earth to expand its team, further develop its technology, and onboard more landowners onto its platform. The company's approach of creating a digital twin of the Earth allows for the accurate monitoring and verification of the ecological value of the lands in its network, ensuring the integrity of the MERIT tokens.
Keywords: greentech, carbon credits, biodiversity, nature-based solutions, tokenization, environmental markets, sustainable finance, impact investing, conservation, climate action