SA Climate-tech Startup Insight Terra Secures USD 5.7 M Series A Extension
Insight Terra, a climate-tech company specialising in environmental risk management, has raised USD 5.7 M in a Series A extension led by E3 Capital, with participation from Fireball Capital, Atlantic Bridge, Globalive, and JLR Star. The funding will support scaling its AI-powered platform for monitoring greenhouse gas emissions and managing geotechnical risks, addressing growing regulatory and investor demands.
Founded in 2021, Insight Terra’s platform delivers real-time analytics and actionable insights to help industries mitigate environmental risks and ensure compliance with international standards. Its tools enable tracking and reducing fugitive GHG emissions while safeguarding critical infrastructure. Founder/CEO Alastair Bovim stated the investment would accelerate development and global adoption of the platform.
The company’s technology has significant applications in regions like South Africa, where climate change heightens risks to infrastructure. Insight Terra’s platform aims to prevent disasters such as dam collapses by converting real-time data into actionable insights for operational safety and regulatory compliance.
E3 Capital emphasized the platform’s role in addressing climate risks across Africa’s industries, while Fireball Capital and Atlantic Bridge highlighted its contribution to sustainability and ESG objectives. With this funding, Insight Terra plans to expand its reach into new markets, reinforcing its commitment to global sustainability and resilience as industries confront the escalating climate crisis.
