funding · SE · 20 JUL 2023
Nordic Forestry Automation raised SEK 10 million in its first funding round, with Almi Invest, Sveaskog and Sodra named as backers. The capital supports development of AI-based operator support technology for forestry machinery.
Nordic Forestry Automation · EUR 871K
Investors: Almi Invest, Sveaskog
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More from Nordic Forestry Automation
- Funding · 10 Aug · EUR 4.3MNordic Forestry Automation closed its largest funding round to date, raising 48 million kronor led by Navigare Ventures and Almi Invest Greentech.
- Funding · 15 Oct · EUR 832KNordic Forestry Automation and industry partners were awarded SEK 9.4 million from Vinnova to develop next-generation AI-based operator support for harvesters. The project, which includes Sveaskog, Sodra, SLU, Skogforsk, Chalmers Industrial Technology and BOID, runs until July 2026.