• CollectiveCrunch

  Led · Equity · Jun 2019

  CollectiveCrunch develops the AI-powered Linda platform to predict forest inventories and monitor carbon storage using climate, geo, and process data. The platform supports carbon trading by producing models and monitoring tools for the Verified Carbon Standard. Linda Forest covers 23 million hectares and is used by seven of the top ten Nordic forestry players. Since its 2016 founding, CollectiveCrunch has established a presence in Europe, the United States, and Latin America and is based in Espoo, Finland. The company was recently approved by Verra, strengthening its role in carbon markets. It plans to use new funding to expand worldwide and develop its product portfolio with a particular focus on the forest carbon market. CollectiveCrunch, founded in 2016 and based in Helsinki, develops Linda Forest, a turn-key AI SaaS platform launched in 2019 that predicts wood mass, species and wood quality more accurately than conventional methods. The company mixes satellite Earth observation, airborne laser scanning and harvester data for calibration. The recent funding from the European Space Agency will be used to further develop and pilot Linda Forest for forest inventories and key aspects of forest planning, investment and management. CollectiveCrunch plans to bring new AI-based tools to buyers and sellers of wood and forest lands and to expand into new markets. It already counts several high-profile customers in Finland, Sweden and the Baltics and has attracted interest from Central Europe, Russia and North America. CollectiveCrunch is a Helsinki-based forestry tech company developing the Linda Forest AI-supported platform to help landowners and buyers more accurately assess and manage forestry inventory. Linda Forest uses climate, geo and customer process data to predict volumes and species, enabling foresters to know inventory without physical inspections. The company has offices in Helsinki, Berlin and Munich and serves forestry customers in Finland, Sweden, Estonia and Brazil. Led by CEO Rolf Schmitz, CollectiveCrunch plans to use new funds to build its team and technical capabilities and to finalize and launch the first commercial version of Linda Forest in the second half of 2019. The company has announced a multi-year partnership with Finland’s Metsähallitus Forestry Ltd. to improve harvesting and forest development planning. The article reports the company has raised a total of €1M to date following this €600K round.

No current team members are available.