London-based Ocean Ledger, a geospatial analytics startup, has raised €900,000 in pre-seed funding led by Ananda Impact Ventures and Silverstrand Capital to scale its solutions for predicting coastal risks and identifying interventions for engineering firms, municipalities, environmental services, and insurance companies. The company offers high-resolution geospatial analytics for coastal risk assessment and environmental impact analysis, detect anomalies in shoreline movement, underwater topography, and natural defenses to enable proactive risk management and continuous monitoring. With the funding, Ocean Ledger aims to improve the accuracy and usability of coastal risk assessments, which are crucial for evaluating and managing the risks associated with coastal erosion and flooding. The company’s solutions can help reduce the estimated €3.7 trillion in climate-induced infrastructure losses over the next 15 years. It has already collaborated with satellite data provider Planet Labs PBC and is exploring partnerships with marine drone and sensor companies to further enhance its capabilities.
Ocean Ledger secures €900,000 in funding to enhance the accuracy of its coastal risk management systems.
