The world’s largest pulp supplier, Suzano, announces a long-term commercial agreement with the AI-powered land use and supply chain management startup, Marvin. Alongside this, Suzano’s venture capital arm, Suzano Ventures, has completed a strategic follow-on investment into Marvin, following its initial investment in October 2023.
These two milestones follow the successful technical validation of Marvin’s platform product, through extensive and varied trials demonstrating applicability across Suzano’s operations. Suzano has now signed a multi-year contract to use Marvin’s land use geospatial intelligence products for strengthening its approach to yield prediction, water resource and risk management, carbon measurement and verification, forest certification, and supply chain optimization and traceability.
Founded in 2023, Marvin brings together leading researchers and data scientists to develop a proprietary platform analysis of land use, combining the latest scientific research, geospatial and satellite data, and artificial intelligence. By providing high-quality information on multiple areas of risk and opportunity, Marvin enables companies to better manage compliance, enhance resource efficiency and sustainability, and build resilience to the impacts of a changing climate.
The business has rapidly expanded through providing comprehensive and scalable applications for corporates and financial institutions with operations, supply chains, or investments in agriculture, forestry, biofuels, and mining. Marvin’s customer base also includes several government agencies and multinationals.
