May 14, 2021
Latham & Watkins advised Index Ventures
on leading a US$7.8 million seed round for Sylvera, a London-based carbon offset
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.