Ocell's seed round is led by Aenu and Summiteer. Business angels Maximilian Thaler, Max Viessmann, and the agricultural and forestry company Boscor are also participating. Munich residents Also previous business angels participated in the financing round. David Dohmen, Co-Founder and Co-CEO of Ocell, says:
"I am very pleased with the trust our investors have placed in us, especially in these challenging times for many startups and other tech companies. With Aenu and Summiteer, we have experienced partners at our side who share our vision of a more climate-friendly forestry industry."
The software Ocell's software digitizes management processes for professional forestry operations. Aerial photographs and other data sources are processed using artificial intelligence to create digital twins of the respective forest. These twins are intended to provide information on forest growth and current CO2 storage capacity, as well as predict optimal forest management. This is intended to optimize timber production and CO2 storage in forests. More than 200,000 hectares of forest are already being managed with the software.
Forest owners should use Ocell to “increase profitability while storing more carbon in their forests”
With the additional capital, the startup plans to expand its team and further develop its cloud-based software. Ocell also plans to invest in product development and develop carbon credits.
Ferry Heilemann, founder and partner at investor Aenu, says:
"We're big fans of the Ocell team. Their holistic forest management software and state-of-the-art primary data collection enable commercial forest owners around the world to create high-quality carbon credits, enabling them to increase their profitability while storing more carbon in their forests."
