German climate-tech startup OCELL raises 10M - Silicon Canals
Briefly

OCELL, a green-tech startup from Munich, recently announced it has secured €10M in Series A funding led by Capnamic. They aim to further develop their AI technology focused on producing carbon credits, which aid in enhancing forest management and promoting biodiversity. The funds will also help OCELL expand its climate projects in Europe, particularly in Nordic and Baltic regions. Founded in 2019, OCELL uses advanced technology to create digital twins of forests, providing valuable insights for effective climate action.
OCELL is not only providing them with a high quality product but also creating an opportunity to diversify their revenue streams.
At a time when the market is experiencing a major shift in regulation and transparency requirements, OCELL's offering stands out.
By processing aerial imagery, LiDAR, and terrestrial forestry data, OCELL uses artificial intelligence to create digital twins of forests.
These digital twins provide insights into forest growth, current carbon storage status, and potential enhancements for climate resilience.
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