Arbonics, a trailblazer in nature technology, is making waves with its groundbreaking forest carbon removal platform in Europe. The Tallinn-based company has recently garnered a significant €5.5 million seed investment, elevating its mission to combat climate change through high-quality carbon removal solutions. This investment, led by NordicNinja, Plural, and Tilia Impact Ventures, is set to propel Arbonics’ innovative approach across Europe, meeting the increasing demand for effective carbon removal strategies.
Since its inception, Arbonics has raised a total of €7.3 million, with the latest funding earmarked for expanding its product portfolio to encompass the entire forestry lifecycle. This strategic investment will also bolster the company’s team and enable it to extend its reach, covering 50% of European forests by next year.
Founded in 2022 by Kristjan Lepik (CEO) and Lisett Luik (COO), Arbonics is redefining the standards for forest carbon projects. Its approach is not just beneficial for investors in forestry projects, but also for the thousands of landowners seeking to quantify the environmental benefits of their land accurately.
CEO Kristjan Lepik emphasizes, “This funding marks a pivotal moment for us. We’re not just scaling a business; we’re catalyzing impactful change. Despite the challenges in the carbon markets this year, these hurdles are necessary for the market’s maturity. Our focus at Arbonics is on enhancing transparency and credibility in forest carbon projects, leveraging our technological prowess to revolutionize nature-based carbon removals. With our latest investors’ support, we’re set to redefine the future of transparent carbon removal.”
Arbonics is at the forefront of merging nature with technology, creating a scalable solution for carbon removal. Their platform integrates over 30 data layers, including ground sensors, soil readings, and satellite imagery, combined with expert knowledge in ecology and forestry. This enables them to calculate the carbon removal potential of European lands remotely and accurately, determining everything from suitable tree species to their carbon impact.
This synergy between technology and nature has proven its scalability, providing new revenue streams for over 4,000 landowners. Arbonics has analyzed over 200,000 hectares and facilitated the planting of more than 4 million trees across various European markets. By the end of 2024, the company aims to cover half of Europe’s forests.
The new funding will also enable Arbonics to enhance its impact assessments on biodiversity, triple its team size, and expand its collaboration with leading scientists, including the formation of a scientific advisory board. The company’s recent achievements include reaching the final of MasterCard’s MASSIV social impact program, further validating its innovative approach.
Plural Partner Taavet Hinrikus highlights the urgency of Arbonics’ mission: “With the slow pace of technological carbon removal solutions, we don’t have the luxury of time. Arbonics’ approach of empowering nature with technology offers scalable solutions that are achievable within this decade.”
Rainer Sternfeld, Managing Partner at NordicNinja, also praises Arbonics: “Their innovative and sustainable approach, combined with a deep understanding of the market and a visionary team, positions Arbonics to make a significant impact in this critical sector. We’re confident in their potential to lead the market, which is why we’re investing in their vision for a greener future.”
In summary, Arbonics is not just a company; it’s a movement towards a greener, more sustainable future. Their innovative approach to forest carbon removal is setting new benchmarks in the fight against climate change, proving that when technology and nature work hand in hand, the possibilities are boundless.
