AirForestry develops drone-based systems for tree harvesting and automated forestry operations. In 2026 the company completed several technical milestones, including the world’s first drone-based tree harvest in a production forest and multi-tree automated harvest sequences on its test field. To scale development it secured €1.8M in commitments from four leading forest companies and a €4.4M Vinnova grant for the PADA project with partners such as Skogforsk, SLU, SCA, Sveaskog, Stora Enso, Holmen Skog, Tele2, and IKEA. The announced funding is designated to advance the company’s harvesting technology and related development work. The company also reported recruiting additional team members to support its growth. No revenue, user metrics, founding year, location, prior funding rounds, or valuation were disclosed in the articles.

Total raised

$27M

Funding rounds

6

Latest round

Equity

Latest activity

Jul 2026