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Latham & Watkins Advises Index Ventures on Seed Round for Sylvera

May 14, 2021
Emerging companies team counsels on transaction launching the world’s first carbon offset ratings provider.

Latham & Watkins advised Index Ventures on leading a US$7.8 million seed round for Sylvera, a London-based carbon offset ratings platform.

Sylvera uses satellite, radar and lidar data-fuelled machine learning to bolster transparency around carbon offsetting projects in a bid to boost accountability and credibility — applying independent ratings to carbon offsetting projects.

The Latham team was led by London corporate partner Shing Lo, with associate Samantha Si.