[Funding alert] Marseille-based Green PRAXIS Secures € 1.4 million Seed Funding
Mar 23, 2024 | By Team SR
- Green PRAXIS minimises vegetation management expenses by using sustainable nature-based solutions.
- Green PRAXIS, a Climate tech startup secures € 1.4 million in seed funding.
- Seed funding enable, the team will be able to cover more use cases and expedite the platform's implementation in France and throughout Europe.
Green PRAXIS, a start-up that supports operators and infrastructure owners in the multidimensional management of natural assets thanks in particular to AI, has secures a seed fundraising with Open CNP, the CNP Assurances Corporate Venture fund, AFI Ventures, the Ventech early-stage impact fund, and historical investors.
This fundraising will enable the Marseille-based company to take on a new dimension
in France and Europe. Faced with the many current climate challenges, operators and owners of infrastructure and forests must find a better balance between ecology and economy in their design and operation.
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Green PRAXIS, a climate tech startup offers a service combining expertise and a platform for modelling large-scale nature-based solutions (NbS). The company optimizes the management of natural assets and human infrastructure based on four key dimensions: risk management, cost optimization, biodiversity and carbon footprint.
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Coupled with the expertise of a team of scientists, it gives decision-makers the means to develop scenarios and adopt optimised strategies. This seed funding will enable the team to cover a greater number of use cases and accelerate the deployment of the platform in France and Europe startup ecosystem.
Martin Guillaume, Chairman of Green PRAXIS said, "Climate and ecological change is unprecedented in the history of humanity. Environmental engineering combined with data science, modelling and AI is a valuable complement to expert judgement. With our platform, major land operators can better manage their risks and reduce their costs while limiting their impact on biodiversity."
Alexandra Pailhes, CEO of Open CNP, the CNP Assurances Corporate Venture fund said, "A responsible investor, infrastructure holder and leading private owner of forests in France, CNP Assurances is proud to support the development of Green PRAXIS in France and Europe via Open CNP, its Corporate Venture fund. The solutions offered by this French start-up are innovative – with an original method for measuring biodiversity by acoustic analysis and fully in line with our raison d’être for a sustainable society".
Charles Fourault, Partner at AFI Ventures: "The nature-based approach, coupled with technology and AI, won us over at AFI Ventures. Green Praxis defines a new way of thinking about land management and puts an end to the dogma of all things mechanical and chemical. They are in the process of convincing the major infrastructure operator groups and this is very interesting for the future of our natural spaces and our biodiversity."
About Green PRAXIS
Green PRAXIS, a France startup, offers data and science-based solutions to sustainably manage natural and human assets. Thanks to their experts, tools and models, organisations that operate infrastructure (transport networks, energy facilities, cities) can reduce both their costs and their impact on the environment. The four areas they model are biodiversity, carbon footprint, costs and risks.
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