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INDUSTRY FIRST

Tree.ly secures €5M Seed led by PortfoLion Capital Partners to develop European carbon offset projects

Jul 03, 2024about 1 year ago

Amount Raised

€5 Million

Round Type

seed

DornbirnEnvironmental Services

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.

Company Information

Company

Tree.ly

Location

Dornbirn, Vorarlberg, Austria

About

Tree.ly connects forest owners with companies, helping forest owners earn extra income by managing forests for climate resilience. Companies can purchase high-quality CO₂ credits, backing forest owners and showing their commitment to measurable climate protection.

FundzWatch™ Score

64
Medium Activity

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