South African-based climate tech platform Insight Terra has raised $5.7 million in a funding round to scale its operations and enhance its climate risk management capabilities. The round was led by E3 Capital, Fireball Capital, Atlantic Bridge, Globalive, and JLR Star. The funding will support the platform’s expansion, focusing on growing commercial and technical teams to meet global industry needs.
Insight Terra offers a platform that transforms complex environmental data into actionable insights, helping industries such as mining, energy, and water resources monitor and mitigate their environmental impact. The platform utilizes real-time analytics to ensure compliance with international standards and improve environmental management efforts.
CEO Alastair Bovim emphasized that this investment accelerates the development of their platform to address complex monitoring, reporting, and verification challenges. The platform’s real-time monitoring solutions are designed to help organizations mitigate environmental risks, including GHG emissions and geotechnical disasters. Insight Terra aims to tackle critical infrastructure threats posed by climate change and improve community wellbeing.
