NCX operates a natural capital marketplace that uses forest data, AI-driven remote sensing, and rigorous accounting to generate high-integrity carbon credits and monetize the benefits of forest stewardship. The company sells incentives to landowners to delay harvests and create climate impact; early buyers include Microsoft, Rubicon, South Pole, and Incyte. In its first year the exchange engaged 2,470 landowners covering 4.3 million acres across 39 states, yielding an expected 1.13 million MTCO2e of climate impact. NCX says it broke records in 2021 for the largest forest carbon project by acreage in the contiguous U.S. The company plans to expand outside the United States and to build new natural capital markets that value benefits beyond carbon, such as wildlife habitat and water yield. NCX is headquartered in San Francisco.

Total raised

$50M

Funding rounds

1

Latest round

Series B

Latest activity

Mar 2022