Italian biodiversity startup 3Bee raises €5m to scale the protection of pollinators in Europe

Italian biodiversity startup 3Bee raises €5m to scale the protection of pollinators in Europe

Published: 16-12-2022 13:29:00 | By: Pie Kamau | hits: 3515 | Tags:

Italian-based scale-up 3Bee (a world with bees), which operates both in the B2C and B2B protection of ecosystems and pollinators area has raised €5 million series A funding round.

The startup, founded in 2017 by Niccolò Calandri and Riccardo Balzaretti, operates as a tech-enabled agent of impact solutions such as regeneration programs for pollinators subsistence and ecosystem rebalancing for biodiversity survival in areas burdened by monocultures, cities, and industrialization.

Just in Europe in the last 20 years, the biodiversity has lost up to 20% of the total species living in France and GermanyFrance covers the 6th place in the list of countries with the highest number of threatened species. (Source, IUCN red list).

The round was joined by Ag funder Grow impact fund, one of the world's most active food-tech and ag-tech VCs, Anya Capital, an Italian fund focused on impact venture, and ESA (European Space Agency), who allocated a capital of 700,000 euros for the study of biodiversity through satellites and multispectral imaging.

The company said it plans to use the freshly raised funds to strengthen its biodiversity impact and technology data mapping infrastructure and for recruitment across the international business development, awareness-raising programs, and ESG service development verticals.

Among the 500 brands, from logistics, real estate, fashion, food, retail, agri, and human care sectors that collaborate with 3Bee in Italy, stands out the partnership with Genagricola, with whom 3Bee is developing regenerative solutions for pollinator-proof agriculture and photovoltaics.

3Bee was advised by BonelliErede about the legal aspects of the transaction.

www.3bee.com