Dendra Systems, an Oxford, UK-based company which specializes in technology-driven ecological restoration, raised $15.7M in Series B funding.
The round was led by Zouk Capital, with participation from new investor Aramco Ventures and existing investor Airbus Ventures. Additional contributions came from existing investor Understorey Capital and new investors including Helium-3 Ventures.
The company intends to use the funds to further enhance its expansion into new geographical markets and the continuous development of its AI-enabled ecology platform.
Led by CEO Dr Susan Graham, Dendra Systems provides an end-to-end RestorationOSTM solution to restore nature, empowered by data capture and drone-based seeding, and a comprehensive AI-enabled ecosystem insights platform. Its 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.
Customers include companies such as Rio Tinto, Glencore, Liontown, BHP, and the Environment Agency – Abu Dhabi (EAD). The company employs 87 professionals across the UK, Australia, UAE, and US.
FinSMEs
10/05/2024