CollectiveCrunch Raises €1.4M in Funding
- CollectiveCrunch, an Espoo, Finland-based creator of the AI-powered Linda platform that enables sustainable forestry at scale, raised €1.4M in funding
- The round was led by Nidoco AB
- The company intends to use the funds to continue expanding worldwide and developing their portfolio, with a particular interest on the forest carbon market
- Led by Rolf Schmitz, the platform is an AI company which specialized in the forestry industry
- It collects climate, geo and process data and crunches this information into AI models for prediction of forest inventories and the monitoring of carbon storage in forests for the carbon trading markets
- Linda Forest today covers 23 million hectares of forest and currently 7 of the top 10 Nordic forestry players are using Linda Forest solutions
