Tree.ly, a pioneering carbon offset startup, has successfully raised €5 million in Seed funding to bolster its efforts in developing and managing forest climate protection projects across Europe. This investment underscores Tree.ly’s commitment to combating climate change through innovative, scientifically-backed initiatives that harness the natural potential of local forests.
Founded with a vision to bridge the gap between climate action and environmental stewardship, Tree.ly collaborates closely with forest owners, municipalities, corporations, and communities to create impactful carbon offset projects. These projects are meticulously certified and annually audited by TÜV, ensuring compliance with stringent environmental standards and the highest levels of transparency.
Jodok Batlogg, co-founder and CEO of Tree.ly, emphasizes the strategic importance of this funding round: “As the demand for voluntary emission certificates surges globally, particularly in Europe, Tree.ly is poised to lead with our certified, regionally-focused projects. This investment will accelerate our growth trajectory, reinforce our technological leadership, and enable us to introduce new innovations in forest-based climate protection.”
Tree.ly’s approach integrates cutting-edge geospatial engines, machine learning for stock measurement, species detection, and stock change modeling. These technologies not only enhance project efficiency but also ensure the effectiveness and permanence of carbon storage in forests, vital for mitigating CO₂ emissions.
Editorial Opinion: Empowering Sustainable Solutions in Carbon Offsetting
The €5 million Seed funding secured by Tree.ly marks a significant advancement in the field of carbon offsetting, highlighting the growing recognition of nature-based solutions in climate action. By focusing on local forests and leveraging advanced technologies, Tree.ly not only addresses environmental challenges but also creates economic value and promotes biodiversity.
In today’s landscape, where environmental sustainability is paramount, Tree.ly’s ability to combine scientific rigor with digital innovation positions it as a key player in the voluntary carbon market. This investment not only supports regional forest conservation but also catalyzes broader efforts to achieve carbon neutrality goals across Europe.
The involvement of PortfoLion Capital Partners, aws Gründungsfonds, Symbia VC, and the Tyrolean Business Angel Network underscores investor confidence in Tree.ly’s strategic vision and operational capabilities. Together, they are paving the way for scalable, high-impact climate solutions that resonate with stakeholders from multinational corporations to local communities.
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