^{Photo: From left Martin Reynard (CFO at Earth Blox), Mike Mason (CCO at Earth Blox), Dr Genevieve Patenaude (CEO and founder of Earth Blox), Clara Baltay (Senior Investment Associate at PXN Ventures), Niki McKenzie (Joint Managing Director at Archangels) and Tom Croy (Investment Director at PXN Ventures).}

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18 March 2026, Edinburgh: Earth Blox, an Edinburgh-based technology company helping organisations understand how nature loss and climate hazards affect financial performance, has secured £6 million in new investment led by PXN Ventures with support from Scottish Enterprise, follow-on investment from Archangels and funding from the European Space Agency (ESA). The investment comes as banks and businesses face growing pressure to understand how environmental risks could affect assets, supply chains and long-term investment decisions.

The funding will be used to grow the Earth Blox team, accelerate product development, and expand the platform’s capabilities by combining satellite, environmental, and portfolio data with AI-powered analysis. The news coincides with the appointment of Ben Matthews as Director of Nature and Climate, who previously led the Nature Analytics team at PwC UK.

Earth Blox's customers include global banks, consumer brands, energy companies and agribusinesses. The company recently collaborated with Lloyds Banking Group to conduct the UK’s largest nature risk assessment in agriculture, analysing 5.1 million hectares of farmland and identifying more than 1.2 million hectares with potential for resilience-building measures.

The Earth Blox platform addresses growing demand for tools that help organisations understand nature-related risks and their financial impact. The UK government’s Nature Security Assessment, published in January 2026, identified ecosystem degradation as a national security risk. Globally, research from S&P Global indicates that 85% of the world’s largest companies depend significantly on nature, putting $28.9 trillion in revenues at risk.

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.”

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.”

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."