Nala Earth has raised €3.8M in a funding round led by IRIS to enhance its AI-driven platform for corporate nature and biodiversity management, enabling businesses to manage environmental impacts more effectively.

Investment Overview

Nala Earth, a pioneering Nature Tech company, has successfully raised €3.8M in a funding round led by the European venture capital firm IRIS. The round also included participation from KOMPAS VC, as well as existing investors Pale blue dot and Founderful. The funds will be utilized to enhance Nala Earth's platform for corporate nature and biodiversity management, thereby facilitating the expansion of its capabilities, recruitment efforts, and acceleration of product development.

About Nala Earth

Nala Earth was founded in 2023 by Nick Zumbühl, Nicolas Somogyi, and serial entrepreneur Anna Alex. The company aims to empower businesses to assess their environmental impact and manage the risks associated with nature loss and water scarcity, while also helping them navigate emerging regulatory requirements. According to The New Nature Economy Report from 2020, over $44 trillion—more than half of the global GDP—depends on healthy ecosystems, underlining the significance of Nala Earth's mission to safeguard these systems.

Industry Overview in Germany

The demand for biodiversity reporting within the corporate sector is rapidly increasing, driven by regulatory pressures such as the Corporate Sustainability Reporting Directive (CSRD). This regulation mandates that large companies disclose their environmental impact starting in 2024, applying to over 50,000 bu