Nordic Forestry Automation raises a staggering 10 million SEK in its first funding round

brown firewood
Photo by Paula on Pexels.com

Key Takeaways

  • Nordic Forestry Automation, a spearheading startup in Digital Perception Technology has raised a significant 10 million SEK.
  • The firm specialises in enabling Future Forestry through IT, sensor, and software solutions.
  • This First-ever funding round saw injections from investors that include Almi Invest, Sveaskog, and Södra.

In an impressive development in the tech ecosystem, Nordic Forestry Automation has successfully raised 10 million SEK in a round of Series Unknown funding.

Founded in Lund, Skane Lan, Sweden, the company has pioneered new ground in the field of digital perception technology, revolutionising the way forestry functions. The startup employs a blend of cutting-edge Information Technology, Sensor technologies, and Software solutions to enable Future Forestry.

You can learn more about their innovative solutions on their website.

The fundraising round, completed on July 18, 2023, marks the first of its kind for the startup, bringing its total funding amount to 10 million SEK. Investors showing confidence include Almi Invest, Sveaskog, and Södra.

With this additional funding and the industry’s significant players backing them, Nordic Forestry Automation is poised to break new bounds in the realm of Forestry Tech.


Want to amplify your startup’s story? EU Startup News is your launchpad to reach startup founders, investors, and C-level execs across Europe. Discover our tailored promotional strategies such as Sponsored Articles and Partnerships. Click here to learn more or contact us directly at [email protected]. Join us, and let’s make your startup the talk of Europe!

Keep exploring EU Startups  OMAJ, the Fashion Consignment Innovator, Secures €2M in Seed Funding from Motier Ventures
Keep exploring EU Startups  The Maritime Powerhouse: One City's Domination in a Global Arena
Previous Story

Hjo Installation Ignites European Energy Sector with Recent Fundraiser

Next Story

Ucademy Nabs 1.5 Million Euros in a Successful Seed Funding Round