January 1, 2023 | Case studies
At the cutting edge of biodiversity monitoring, NatureMetrics has experienced significant international growth and success in the last year.
NatureMetrics has undertaken DNA-based biodiversity monitoring in more than 80 countries and, to date, 47% of the company’s revenue comes from overseas markets. Additionally, during the year NatureMetrics acquired Canada-based environmental DNA business, Precision Biomonitoring.
NatureMetrics has also been shortlisted as one of 15 semi-finalists for the $10M XPRIZE Rainforest, in partnership with Dendra Systems and SYSTEMIQ LTD. Rainforests cover less than 10% of the earth’s surface but are home to over 50% of the planet’s biodiversity. However, there remains limited knowledge about the rainforest’s complex ecosystem. The NatureMetrics partnership aims to measure the vast biodiversity of the rainforest using a combination of eDNA, portable labs, GIS, drone technology and robotics.
In 2022 new products from NatureMetrics included the world’s first pollution tracker to improve river health. Further, having raised $15M in May, NatureMetrics will be building a series of new digital products to enable its customers to set and monitor long-term targets on nature whilst further accelerating NatureMetrics expansion into international markets.
Read more about SRP’s innovative companies in our Annual Review 2022