Vancouver-based Veritree Technologies has raised $9.1 million in Series A funding to scale its nature-based restoration platform, bringing total investment to over $15 million. A 2022 spinout from sustainable clothing brand tentree, Veritree uses LiDAR, drones, and blockchain to verify environmental outcomes in reforestation projects.
The funds will support the addition of AI features and global expansion. Led by CEO Derrick Emsley, Veritree has planted 100 million trees and aims to reach one billion by 2030. With high data integrity and transparent monitoring, Veritree enables corporate investors to track impact with confidence.
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