San Francisco-based hyperlocal air quality and greenhouse gas measurement and analysis startup Aclima announced a $40 million Series B funding round. According to the company, proceeds from the financing will be used to advance its capabilities to deliver block-by-block and city-scale air pollution and greenhouse gas measurement and analytics to governments, communities, and businesses around the world.
Aclima’s hardware and software technology platform translates billions of scientific measurements from its network of stationary and roving sensors into environmental intelligence for governments, businesses, and communities. By providing hyperlocal air pollution and greenhouse gas measurement and analytics, the company aims to help people accelerate emissions reductions, protect public health, and prioritize solutions for those who are most vulnerable.
In a blog post, Aclima founder and CEO Davida Herzl said:
“In 2020, we saw many environmental records broken: the highest recorded temperature on Earth, the most named-hurricanes ever, and historically destructive wildfire seasons. Amplified by climate change, wildfires exposed millions to unhealthy air for weeks, killed hundreds of people, hospitalized thousands, and dumped many millions of tons of greenhouse gas into the atmosphere. We are in a climate emergency and air pollution is directly and inequitably harming our health and prosperity. The increasing connections between air pollution and COVID-19, are just one more critical lesson that clean air is essential – for life, for our economy, for our collective future.”
The Series B financing was led by private equity investor Clearvision Ventures, with a coalition of investors including Microsoft Climate Innovation Fund, the investment arm of Bosch, Plum Alley, Rethink Impact, and Social Capital.