Perennial
Perennial is a leading verification platform specializing in soil-based carbon removal, utilizing advanced technologies to measure and verify soil carbon globally.
Services
Perennial offers a range of services centered around the verification of soil-based carbon removal. These services include Measurement, Reporting, and Verification (MRV) for soil carbon projects, as well as providing a comprehensive data platform to track land-based emissions and sequestration from a field to continental scale. The company also offers the Climate Land Score to assess and report the climate impact of agricultural procurement, and provides enterprise-grade data intelligence aimed at reducing emissions in the food supply chain.
Products
Perennial's products are designed to support climate-smart agriculture verification globally. They include standards, tools, and technologies for MRV, as well as a data platform for tracking land-based emissions and sequestration. The Soil-Based Carbon Removal Verification Platform, which utilizes machine learning, ground observations, and satellite data, was named a TIME Best Invention of 2022. Additionally, the company has created the highest-ever resolution map of soil organic carbon for the continental USA.
Sector
Perennial operates within the climate technology sector, specifically focusing on soil-based carbon removal and agricultural emissions reduction. The company aims to unlock soil as the world’s largest carbon sink by developing trusted standards and tools. Their work is heavily reliant on advanced technologies, including machine learning and satellite data, to achieve accurate measurement and verification of soil carbon offsets.
Funding
Perennial successfully raised $18 million in Series A funding. This financial backing supports the development and expansion of their soil carbon verification technologies and services. The funding underscores investor confidence in Perennial's mission to create a robust platform for soil-based carbon removal and emissions tracking.
Recognition and Compliance
Perennial has received significant recognition for its innovative technologies. Their Soil-Based Carbon Removal Verification Platform was named a TIME Best Invention of 2022. The company has been featured by NASA for its groundbreaking use of satellite technology. Furthermore, Perennial's soil carbon measurement technology is compliant with the Australian Clean Energy Regulator and is engaged with voluntary carbon market registries in the US for remote sensing of soil organic carbon.