About AirForestry
AirForestry is a company based in Uppsala (Sweden) founded in 2019 by Mauritz Andersson, Markus Romar, and Caroline Walerud.. AirForestry has raised $11.28 million across 1 funding round from investors including Sveaskog, Cloudbreak Ventures and Northzone. AirForestry offers products and services including Harvesting Drone. AirForestry operates in a competitive market with competitors including Nordic Forestry Automation, Cintoc, Plock App, Hyggligt and eSkog, among others.
- Headquarter Uppsala, Sweden
- Founders Mauritz Andersson, Markus Romar, Caroline Walerud
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Sectors
Agriculture
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Email
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Phone
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Website
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Social
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- Legal Name Airforestry Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.28 M (USD)
in 1 rounds
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Latest Funding Round
$11.28 M (USD), Seed
Oct 10, 2024
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Investors
Sveaskog
& 6 more
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Employee Count
Employee Count
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Products & Services of AirForestry
AirForestry offers a comprehensive portfolio of products and services, including Harvesting Drone. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Electric drone for aerial thinning to reduce emissions and enhance forest health.
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Funding Insights of AirForestry
AirForestry has successfully raised a total of $11.28M through 1 strategic funding round. The most recent funding activity was a Seed round of $11.28 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $11.3M
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First Round
First Round
(10 Oct 2024)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Seed - AirForestry | Valuation | Northzone |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AirForestry
AirForestry has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Sveaskog, Cloudbreak Ventures and Northzone. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startups are funded by Northzone venture capital.
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Founded Year | Domain | Location | |
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Venture capital investment in clean tech or climate tech
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Founded Year | Domain | Location | |
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Early-stage investments are made in innovative teams by CapitalT.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AirForestry
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AirForestry
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Airforestry Comparisons
Competitors of AirForestry
AirForestry operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nordic Forestry Automation, Cintoc, Plock App, Hyggligt and eSkog, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sensor-based solutions for forest management and harvesting are provided.
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| domain | founded_year | HQ Location |
Biomass harvesting systems are developed to improve forest management.
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| domain | founded_year | HQ Location |
Forest data is collected and analyzed through a specialized application.
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| domain | founded_year | HQ Location |
Offers hyggesfritt forestry planning, analysis, and services for owners and managers.
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| domain | founded_year | HQ Location |
Provides web-based tools for forestry management and industry efficiency.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Airforestry
Frequently Asked Questions about AirForestry
When was AirForestry founded?
AirForestry was founded in 2019 and raised its 1st funding round 5 years after it was founded.
Where is AirForestry located?
AirForestry is headquartered in Uppsala, Sweden. It is registered at Uppsala, Uppsala County, Sweden.
Is AirForestry a funded company?
AirForestry is a funded company, having raised a total of $11.28M across 1 funding round to date. The company's 1st funding round was a Seed of $11.28M, raised on Oct 10, 2024.
What does AirForestry do?
AirForestry was founded in 2019 in Uppsala, Sweden, within the environmental technology sector focused on forestry. Forest thinning operations are conducted using drone-based systems to manage vegetation density. Carbon sequestration services are offered to support reduced carbon dioxide emissions from forestry practices. Enhanced carbon storage capacity in forests is achieved through these interventions, with activities centered in European regions.
Who are the top competitors of AirForestry?
AirForestry's top competitors include Nordic Forestry Automation, Cintoc and Plock App.
What products or services does AirForestry offer?
AirForestry offers Harvesting Drone.
Who are AirForestry's investors?
AirForestry has 7 investors. Key investors include Sveaskog, Cloudbreak Ventures, Northzone, Kiko Ventures, and CapitalT.