Tallinn-based Arbonics, a climate tech startup, announced in December that it has secured €5.5M
in a Seed round of funding from NordicNinja, Plural, and Tilia Impact Ventures.
The latest funding round takes the total raised by the Estonian company to €7.3M.
The latest investment will allow Arbonics to expand its product portfolio, grow its team, and cover
50 percent of European forests next year. The funding will enable Arbonics to conduct further impact assessments on biodiversity, expand its team, and launch a scientific advisory board in collaboration with leading scientists.
Source: https://siliconcanals.com/news/startups/estonian-arbonics-secures-5-5m/
Don't miss out on the excitement! Reserve your spot at one of our upcoming events:
SCALE UP WITH WOLVES AND EUROPEAN CVC AWARDS
26 March 2024, Spielfeld Digital Hub, Germany + online
WOLVES SUMMIT CEE
8-9 May 2024, Copernicus Science Centre, Warsaw, Poland + online