About AirForestry
AirForestry is an Agriculture company based in Uppsala (Sweden) founded in 2019 by Mauritz Andersson, Markus Romar, and Caroline Walerud. Provider of carbon sequestration and forest thinning solutions. 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. Its focus areas include Food and Agriculture Tech, Forestry Tech, Forest Management and Tech Enabled Services. Its legal entity is AirForestry AB. Its competitors include Nordic Forestry Automation, Cintoc and Plock App; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Uppsala, Sweden
- Founders Mauritz Andersson, Markus Romar, Caroline Walerud
- SectorsAgriculture
- Email••••••••
- Website airforestry.com
- Social LinkedIn X Instagram YouTube
- Legal Name Airforestry Ab
- Total Equity Funding$11.28M (USD)
in 1 rounds
- Latest Funding Round$11.28M (USD), Seed
Oct 2024
- InvestorsSveaskog
& 6 more
Products & Services of AirForestry
AirForestry offers a comprehensive portfolio of products and services, including Harvesting Drone.
Electric drone for aerial thinning to reduce emissions and enhance forest health.
Apps and channels of AirForestry
its YouTube channel AirForestry AB has 414 subscribers and 17 videos.
Videos from AirForestry
The most watched videos on AirForestry's YouTube channel, AirForestry AB (414 subscribers). Click a video to play it here.
More on AirForestry AB.
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 $11.28M
- Total Rounds 1
- Last Round Seed — $11.28M
- First Round $11.28M
(Oct 2024)
- Investors Count 7
All 1 funding rounds of AirForestry with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2024 | $11.28M | Seed | – | Northzone |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by Northzone venture capital. | northzone.com | London, United Kingdom | ||
Venture capital investment in clean tech or climate tech | kiko.vc | London, United Kingdom | ||
Early-stage investments are made in innovative teams by CapitalT. | capitaltvc.com | |||
Pre-seed and seed-stage firms are invested in by Walerud Ventures. | walerud.com | Stockholm, Sweden | ||
Venture capital firm backed by SEB group | sebgroup.com/large-corporates-and-institutions/our-services/seb-venture-capital | Stockholm, Sweden | ||
Venture capital investments in tech startups within Central and Eastern Europe. | cloudbreak.vc | Budapest, Hungary | ||
Forestry business management and services are provided by Sveaskog. | 1999 | sveaskog.se | Stockholm, Sweden |
Investor details for AirForestry
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of AirForestry
13 people are tracked at AirForestry (6 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Mauritz Andersson | Co-Founder | Leadership |
Markus Romar | Co-Founder | Leadership |
Caroline Walerud | Co-Founder | Leadership |
Gösta Forsén | Chief Integration Officer (CIO) | Leadership |
Olle Gelin | CEO and Cofounder | Leadership |
Paul Carbonnier | Chief Operating Officer | Leadership |
Per Nilsson | Electrical Engineer | Team |
August Tynong | Lead Mechatronics Eng | Team |
Erik Löthman | Engineering Team Lead | Team |
Felix Björkeson | Senior Computer Vision Engineer | Team |
Martin Jonsson | Flight Test Engineer | Team |
Carl-Johan Borg | IT Manager | Team |
Linnea Persson | AI And Automation | Team |
Complete people profiles for AirForestry
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of AirForestry
2 dated milestones of AirForestry across 5 years, from founding to its latest funding, stage changes and deals.
- Founded AirForestry is founded.
- Funding First funding round of $11.3M.
Competitors of AirForestry
AirForestry has 3 listed competitors in our database, 1 of them funded. They include Nordic Forestry Automation, Cintoc and Plock App.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nordicforestryautomation.com | 2022 | Lund, Sweden | $976,042 | Sensor-based solutions for forest management and harvesting are provided. | ||
| cintoc.se | 2011 | Umea, Sweden | Biomass harvesting systems are developed to improve forest management. | |||
| plocka.app | 2020 | Varmland, Sweden | Forest data is collected and analyzed through a specialized application. |
Detailed competitors of AirForestry
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Web traffic of AirForestry
The website of AirForestry (airforestry.com) receives about 2.4K visits a month.
- Monthly visits2.4K
▼ 21.1% vs previous month
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Related news about Airforestry
Complete news archive for AirForestry
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Frequently Asked Questions about AirForestry
AirForestry was founded in 2019 and raised its 1st funding round 5 years after it was founded.
AirForestry is headquartered in Uppsala, Sweden. It is registered at Uppsala, Uppsala County, Sweden.
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 2024.
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.
AirForestry's top competitors include Nordic Forestry Automation, Cintoc and Plock App.
AirForestry offers Harvesting Drone.
AirForestry has 7 investors. Key investors include Sveaskog, Cloudbreak Ventures, Northzone, Kiko Ventures, and CapitalT.
AirForestry operates through Airforestry Ab.