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Home GREEN

UK climate analytics startup Earth Blox lands €6.9 million investment round

EU Startupsby EU Startups
March 18, 2026
Reading Time: 3 mins read
in GREEN, UK&IRELAND, VENTURE CAPITAL
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Earth Blox, an Edinburgh-based company helping organisations understand how nature loss and climate hazards affect financial performance, has secured €6.9 million (£6 million) in order to grow their team, accelerate product development and expand the platform’s capabilities by combining satellite, environmental, and portfolio data with AI-powered analysis.

The new investment was led by PXN Ventures with support from Scottish Enterprise, with follow-on investment from Archangels and funding from the European Space Agency (ESA).

Dr Genevieve Patenaude, CEO and founder of Earth Blox, says: “Businesses are increasingly aware that nature loss and climate risks have direct implications for financial performance, supply chains and long-term resilience. The challenge is turning complex environmental data into information that can support real business decisions. Earth Blox was built to bridge that gap, helping organisations see clearly where environmental change affects value and where investment today can strengthen future performance.”

As far as recent funding rounds are concerned, Earth Blox’s raise appears to stand apart, with no directly comparable companies in the European startup ecosystem having secured funding – according to EU-Startups coverage.

This suggests that while broader ClimateTech and ESG data markets continue to attract investment, the more specialised category of biodiversity and nature risk analytics tied directly to financial performance remains relatively underrepresented in reported deals.

Tom Croy, Investment Director at PXN Ventures, adds: “Earth Blox’s ability to turn vast amounts of complex environmental data into clear and actionable insight for businesses and financial institutions is what attracted us to the company. We believe nature loss and climate change will increasingly shape economic performance and investment decisions over the coming decade. Platforms like Earth Blox will be critical in helping organisations understand these risks and opportunities and direct capital towards more resilient and nature-positive outcomes.”

Founded in 2019, Earth Blox is an environmental intelligence company that helps organisations integrate nature and climate insights into capital allocation, risk management and long-term sustainability strategy.

Global banks, consumer brands, energy companies and agribusinesses use Earth Blox to assess nature-related impacts and dependencies at scale. The platform combines satellite, environmental and portfolio data to analyse climate and nature exposure across assets, supply chains and investment portfolios.

Earth Blox’s customers include global banks, consumer brands, energy companies and agribusinesses.

Today’s news coincides with the appointment of Ben Matthews as Director of Nature and Climate, who previously led the Nature Analytics team at PwC UK.

Niki McKenzie, Joint Managing Director at Archangels, says: “As one of Earth Blox’s original investors, we’re delighted to continue backing Genevieve and her team as they scale. What’s particularly exciting is how the business has evolved, from a strong earth observation proposition to a platform that’s now directly addressing some of the most pressing financial risks facing global banks and businesses.

“With nearly $29 trillion in revenues exposed to nature-related risks, the tools Earth Blox has built are increasingly essential to how organisations understand and protect long-term value.”

The company recently collaborated with Lloyds Banking Group to conduct the UK’s largest nature risk assessment in agriculture, analysing 5.1 million hectares of farmland and identifying more than 1.2 million hectares with potential for resilience-building measures.

The UK government’s Nature Security Assessment, published in January 2026, identified ecosystem degradation as a national security risk. Globally, research from S&P Global indicates that 85% of the world’s largest companies depend significantly on nature, putting €25 trillion ($28.9 trillion) in revenues at risk.

The Earth Blox platform looks to address this growing demand for tools that help organisations understand nature-related risks and their financial impact.

Read the orginal article: https://www.eu-startups.com/2026/03/uk-climate-analytics-startup-earth-blox-lands-e6-9-million-investment-round/

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