Lemu, a Frutillar, Chile-based technology company with a community focused on nature, raised $8M in Series A funding.
The round, which brought the total raised by Lemu to $15M, was led by Arauco Ventures.
The company intends to use the funds to extend and iterate its app and its public launch, grow its headcount by 50%, and enhance the development of the impact verification methodologies, tools, and algorithms.
Led by Leo Prieto, founder and CEO, Lemu uses technology to harness collective intelligence to improve life for Earth’s inhabitants. The company encourages users to learn, explore, and support nature, preserving biodiversity, and participation in conservation initiatives. The app allows users to support verifiable conservation programs based on a global index called LemuRank which accounts for nature-centric and anthropocentric valuations. Lemu also evaluates conservation efforts by summarizing the evidence for impact due to conservation management through a local index named LemuImpact. This leads to the facilitation of strategies and resources to democratize and scale verifiable, evidence-based conservation.
FinSMEs
22/02/2023