Press Release

sustainacraft raised the fund from MUFG Innovation Partners Co., Ltd.

sustainacraft raised the fund from MUFG Innovation Partners Co., Ltd.
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Tokyo - July 6, 2022 - sustainacraft, an innovative solution provider that brings transparency to Nature-based Solutions, announced today that it raised the fund from MUFG Innovation Partners Co., Ltd. (MUIP), a corporate venture capital fund and a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG), the leading global financial group of Japan.

sustainacraft provides (1) satellite-based forest monitoring solution to estimate the carbon stock by using multiple data sources including optical imageries, satellite LiDAR, and RADAR imageries, and (2) transparent carbon credit project platform with causal inference-based FREL (forest reference emission level) estimation solutions. sustainacraft’s unique combination of technologies will help carbon credit mechanism function in an appropriate manner, and help carbon credit widely traded across the globe.

With the fund raised, sustainacraft will accelerate their mission, grow their team and expand the number of nature projects that they bring their solutions to.