Tree.ly secures €5M Seed led by PortfoLion Capital Partners to develop European carbon offset projects
Jul 03, 2024•about 1 year ago
Amount Raised
€5 Million
Round Type
seed
Investors
Tyrolean Business Angel NetworkSymbia VcAws GründungsfondsPortfo Lion Capital Partners
Description
Carbon offset startup Tree.ly has secured a €5 million Seed investment to develop forest climate protection projects in Austria, Germany, and across Europe.
FundzWatch™ Score
64
Medium Activity
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers