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Your startups of the month

In May, we are once again choosing the Startups of the Month, i.e. the five companies that have particularly interested many Munich Startup readers this month.

Regina Bruckschlögl May 31, 2023 4 min reading time

Ocell — 4th place: Fourth place goes to Ocell, which also had a Financing of 4.9 million euros (5 million dollars) The seed round was led by Aenu and Summiteer. Business angels Maximilian Thaler, Max Viessmann, and the agricultural and forestry company Boscor also joined the Munich-based company. Existing business angels also participated in the financing round. Ocell's software digitizes processes for managing professional forestry operations. Aerial photographs and other data sources are processed using artificial intelligence to create digital twins of each forest. These are intended to provide information about forest growth and current CO2 storage capacity, as well as predict optimal forest management. This is intended to optimize wood production and CO2 storage in forests. More than 200,000 hectares of forest are already being managed with the software. The startup plans to use the additional capital to expand its team and further develop its cloud-based software. (Photo: Ocell)

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