Earth Blox, an Edinburgh company helping organizations understand the costs of environmental risks, raised £6 million, or roughly $8 million, in funding led by PXN Ventures. Earth Blox’s technology helps businesses track how nature loss and climate hazards affect their financial performance.
The company serves banks, consumer brands, energy companies and agriculture-focused organizations through tools for assessing their nature impacts and dependencies, applying that analysis across their investment portfolios and identifying points with the highest risk exposure. Equipped with its new funding, Earth Blox plans to expand its team, fuel product development and expand its platform’s capabilities with AI-powered analysis.
“Businesses are increasingly aware that nature loss and climate risks have direct implications for financial performance, supply chains and long-term resilience. The challenge is turning complex environmental data into information that can support real business decisions,” Genevieve Patenaude, Earth Blox’s founder and CEO, said in a statement. “Earth Blox was built to bridge that gap, helping organizations see clearly where environmental change affects value and where investment today can strengthen future performance.”
