Earth Blox, an Edinburgh-based technology company focused on analysing nature and climate risks, has secured £6 million in new investment. The round was led by PXN Ventures, with support from Scottish Enterprise, follow-on backing from Archangels, and funding from the European Space Agency.
The investment comes as financial institutions and corporates face increasing pressure to assess how environmental change could affect assets, supply chains and long-term performance. Demand is rising for tools that translate environmental data into financial insight, particularly as regulatory and policy scrutiny intensifies.
Earth Blox said the funding will support team expansion, product development and enhancements to its platform. The company combines satellite data, environmental datasets and portfolio information with AI-driven analysis to assess exposure to nature loss and climate hazards.
The announcement coincides with the appointment of Ben Matthews as Director of Nature and Climate. Matthews previously led the Nature Analytics team at PwC UK and brings experience in integrating environmental risk into financial decision-making.
Earth Blox’s platform is used by global banks, consumer brands, energy companies and agribusinesses. The company recently worked with Lloyds Banking Group on what it describes as the UK’s largest nature risk assessment in agriculture, analysing 5.1 million hectares of farmland.
The assessment identified more than 1.2 million hectares with potential for resilience measures. This type of analysis is becoming more relevant as lenders and investors seek to understand how environmental factors may affect credit risk and asset values.
Policy and market signals are reinforcing this shift. The UK government’s Nature Security Assessment, published in January 2026, identified ecosystem degradation as a national security risk, placing biodiversity loss alongside more traditional economic and geopolitical concerns.
At a global level, research from S&P Global indicates that 85% of the world’s largest companies depend significantly on nature. This exposure places an estimated $28.9 trillion in revenues at risk from ecosystem disruption, underlining the financial relevance of environmental data.
Dr Genevieve Patenaude, CEO and founder of Earth Blox, said: “Businesses are increasingly aware that nature loss and climate risks have direct implications for financial performance, supply chains and long-term resilience. The challenge is turning complex environmental data into information that can support real business decisions. Earth Blox was built to bridge that gap, helping organisations see clearly where environmental change affects value and where investment today can strengthen future performance.”
Investors pointed to the company’s ability to convert complex datasets into usable outputs for financial and corporate users. The platform is designed to support risk assessment, scenario analysis and capital allocation decisions linked to environmental change.
Tom Croy, Investment Director at PXN Ventures, said: “Earth Blox’s ability to turn vast amounts of complex environmental data into clear and actionable insight for businesses and financial institutions is what attracted us to the company. We believe nature loss and climate change will increasingly shape economic performance and investment decisions over the coming decade. Platforms like Earth Blox will be critical in helping organisations understand these risks and opportunities and direct capital towards more resilient and nature-positive outcomes.”
Archangels, an early investor in the business, participated in the latest round as part of its continued support. The firm highlighted the company’s shift from an earth observation focus to a broader financial risk platform.
Niki McKenzie, Joint Managing Director at Archangels, said: “As one of Earth Blox’s original investors, we’re delighted to continue backing Genevieve and her team as they scale. What’s particularly exciting is how the business has evolved, from a strong earth observation proposition to a platform that’s now directly addressing some of the most pressing financial risks facing global banks and businesses. With nearly $29 trillion in revenues exposed to nature-related risks, the tools Earth Blox has built are increasingly essential to how organisations understand and protect long-term value.”
The use of satellite data in financial analysis has expanded in recent years, particularly in areas such as agriculture, insurance and infrastructure. Combining this data with company-level and portfolio-level information allows organisations to map environmental exposure more precisely.
Nature-related financial risk has also gained prominence through frameworks such as the Taskforce on Nature-related Financial Disclosures (TNFD). These initiatives are encouraging companies and financial institutions to assess dependencies and impacts on ecosystems, alongside climate-related risks already addressed through TCFD reporting.
Tools that can quantify and visualise these risks are becoming more relevant as organisations prepare for disclosure requirements and internal risk management processes. Platforms like Earth Blox aim to bridge the gap between raw environmental data and financial decision-making.
The company’s focus on integrating multiple data sources reflects a wider shift towards system-level analysis. Businesses are increasingly expected to consider how environmental changes interact with supply chains, land use and long-term asset performance.
The latest funding round positions Earth Blox to expand its presence across sectors where exposure to nature-related risk is material. This includes agriculture, energy, consumer goods and banking, all of which depend on stable ecosystems for operational continuity.
As environmental risk becomes more closely linked to financial outcomes, the ability to interpret and apply data is likely to play a central role in investment and strategy decisions. Earth Blox’s approach reflects this shift, combining geospatial analysis with financial modelling to support decision-making across organisations.
