NCX
Summary
NCX (formerly known as SilviaTerra) is a company that focuses on leveraging technology to address environmental sustainability, particularly through forest carbon credits. The company was founded by Zachary Parisa and Max Nova, both of whom have backgrounds in forestry and data science. NCX's primary innovation lies in its use of AI-driven remote sensing and high-resolution forest data to create a marketplace where landowners can earn income by preserving their forests instead of harvesting timber. Over the years, NCX has grown rapidly. In 2021, it launched what was then the largest forest carbon project in the contiguous United States, covering over 4.3 million acres and involving nearly 2,500 landowners. The company has attracted substantial investment, raising $50 million in Series B funding in 2022. This funding is aimed at expanding NCX's operations internationally and exploring new markets related to natural capital.
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Details
Company name
NCX
Headquarters
San Francisco, USA
Date of establishment
2010
Website
Services
NCX Marketplace
by NCX
Revolutionizing Forest Conservation with AI-Driven Carbon Credits
Carbon Credits
NCX, formerly known as SilviaTerra, is a tech-driven marketplace that focuses on forest carbon credits, allowing landowners to earn revenue by preserving their forests. NCX utilizes AI-driven remote sensing and extensive forest data to create high-integrity carbon credits. These credits are sold to corporations aiming to meet net-zero carbon goals, such as Microsoft and Rubicon. The company's platform is designed to be accessible to a wide range of landowners, including those with smaller plots of land, which has significantly expanded participation in the carbon market.
