# AirForestry

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/airforestry

- Industry: Aerospace
- Headquarters: Uppsala, Sweden
- Website: www.airforestry.com
- Total disclosed funding: $9.4M
- Latest round: Seed (Oct 10, 2024)
- Investors on record: 7

## About

Based in Uppsala, Sweden, and founded in 2019 by Olle Gelin, Mauritz Andersson, CEO Caroline Walerud, and Markus Romar, AirForestry AB, a.k.a. AirForestry operates as an green technology company that enables forest thinning from above, reducing soil disruption, and preserving surrounding vegetation by utilizing electric drones.In February 2026, AirForestry AB SEK 28 million in pre-series A funding from CapitalT, Cloudbreak Ventures, Kiko Ventures, Northzone, SEB Greentech, Sveaskog, Swedish Energy Agency and Walerud Ventures.

AirForestry offers an aerial forestry solution utilizing advanced drones and a lightweight harvesting tool. The company’s drone, with a 6.2-meter diameter and carbon fiber construction, performs precision flights to thin forests without damaging the ground. The attached harvesting tool, weighing 60 kg, is designed to fly directly to designated thinning areas, grip the top of the tree, limb it, and saw off the trunk. The drone then transports the trimmed tree to the nearest accessible road. This method enhances forest management efficiency, minimizes soil disturbance, and supports sustainable forestry by preserving surrounding vegetation and biodiversity.

The company plans to use the funding to accelerate development of its automated forest machine platform and expand engineering recruitment.

## Funding rounds

- Seed, Oct 10, 2024, $9.4M — Northzone, Walerud Ventures, CapitalT, Kiko Ventures, SEB Greentech, Cloudbreak Ventures, Sveaskog

## Investors

- Northzone (https://capitalatlas.ai/funds/northzone) — Seed
- Walerud Ventures (https://capitalatlas.ai/funds/walerud-ventures) — Seed
- CapitalT (https://capitalatlas.ai/funds/capitalt) — Seed
- Kiko Ventures (https://capitalatlas.ai/funds/kiko-ventures) — Seed
- SEB Greentech (https://capitalatlas.ai/funds/seb-greentech) — Seed
- Cloudbreak Ventures (https://capitalatlas.ai/funds/cloudbreak-ventures) — Seed
- Sveaskog — Seed