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§ Private Profile · Danmarksgatan 26, hus 11, 75323 Uppsala, Sverige
Technology company developing electric, autonomous drones for aerial tree thinning and harvesting for forest owners, focused on sustainability.
Based in Uppsala, Sweden, AirForestry develops electric, autonomous drones designed for aerial tree thinning and harvesting within the commercial forestry sector. The company provides a business-to-business hardware and service solution that allows its six-meter-wide drones to fly to specific trees, saw them off, and transport the harvested timber to collection points without utilizing heavy ground machinery. The enterprise has secured significant capital to commercialize its technology, including a €2.5 million grant from the European Innovation Council in 2023 and a €10.3 million seed funding round closed in October 2024. AirForestry is currently backed by several prominent venture capital firms and strategic partners, counting Northzone, Walerud Ventures, Kiko VC, and the Swedish state-owned forestry company Sveaskog among its key investors. The startup was founded in 2020 by Olle Gelin, Mauritz Andersson, Markus Romar, and Caroline Walerud.
AirForestry has raised $31.2M across 5 funding rounds.
AirForestry has raised $31.2M in total across 5 funding rounds.
# High-Level Overview
AirForestry is a Swedish forestry technology company that uses electric-powered autonomous drones to thin forests from the air, fundamentally reimagining how commercial forest management is conducted.[1][2] The company addresses a critical inefficiency in traditional forestry: heavy 15-ton ground machinery requires extensive access roads and clear pathways, destroying surrounding vegetation and compacting soil while consuming significant energy.[3] AirForestry's solution deploys lightweight harvesting tools suspended from drones that can selectively thin trees with minimal ground disturbance, reducing carbon emissions from forestry operations while simultaneously increasing forests' carbon sequestration capacity by freeing up approximately 20% of forest land currently dedicated to access roads.[3]
The company serves commercial forestry operators and forest owners seeking sustainable, cost-efficient thinning solutions. AirForestry's technology represents a shift toward fossil-free forestry that preserves biodiversity and soil health while maintaining economic viability—positioning the company at the intersection of climate technology and industrial transformation.
# Origin Story
AirForestry was founded in 2019 (with some sources citing 2020) in Uppsala, Sweden, by a leadership team combining deep forestry expertise with advanced autonomous systems knowledge.[1][2] The founding team includes Olle Gelin, described as one of the world's most knowledgeable and connected forest experts, and Dr. Mauritz Andersson, who leads a team of world-class experts in autonomous systems and drone technology, alongside Caroline Walerud, Gösta Forsén, Paul Carbonnier, and Oskar Lund.[2]
The company emerged from recognizing a fundamental mismatch in forest management: while the forestry industry actively sought transformational opportunities, few solutions existed that could enable an entirely new operational model.[2] AirForestry's founders combined their expertise to develop the world's lightest harvesting tool—capable of lifting up to 200 kg (matching the typical weight of thinned trees at 40-140 kg)—suspended from electric drones, creating a genuinely novel approach to a centuries-old practice.
# Core Differentiators
# Role in the Broader Tech Landscape
AirForestry operates at the convergence of three powerful trends: the climate tech imperative, the autonomous systems revolution, and the sustainability transformation of traditional industries. Forestry represents a massive global sector where incremental improvements have historically dominated—AirForestry's drone-based approach exemplifies how electrification and automation can fundamentally restructure carbon-intensive industries.
The timing is particularly significant as European and global forestry operators face mounting pressure to reduce operational emissions while maintaining productivity. Traditional forestry's heavy machinery model is increasingly incompatible with climate commitments and biodiversity preservation goals. AirForestry's technology enables forest owners to achieve both environmental and economic objectives simultaneously—a rare alignment that attracts diverse investor interest spanning strategic forestry players (Sveaskog), venture capital (Northzone, Kiko VC), and specialized greentech funds.[2]
The company's influence extends beyond its direct operations: by demonstrating that autonomous drones can perform complex, precision industrial tasks in unstructured outdoor environments, AirForestry validates broader applications of aerial robotics in agriculture, infrastructure maintenance, and environmental management.
# Quick Take & Future Outlook
AirForestry has raised $14.32 million to date, with its most recent funding of $1.85 million occurring approximately 8 months ago, indicating sustained investor confidence.[1] The company's €10.3 million Seed round led by Northzone attracted participation from both strategic investors (Sveaskog, a major Swedish forestry company) and specialized greentech funds, suggesting clear pathways to commercial deployment and scaling.[2]
The company's trajectory will likely depend on three factors: achieving reliable, cost-competitive operations at scale; expanding beyond Scandinavian markets into North American and other major forestry regions; and demonstrating measurable carbon and biodiversity benefits that justify premium pricing or attract carbon credit monetization. As forest management becomes increasingly central to climate strategies and corporate sustainability commitments, AirForestry's technology positions it to capture significant value in a sector ripe for disruption—transforming how billions of tons of biomass are harvested annually while simultaneously improving environmental outcomes.
AirForestry has raised $31.2M across 5 funding rounds. Most recently, it raised $3.1M Pre-Series A in February 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 24, 2026 | $3.1M Seed Plus | PAR Jorgen Parson | — | Announced |
| Oct 1, 2024 | $9M Seed | — | Kinnevik, Northzone, RRE Ventures, Sapphire Ventures, Tiger Global Management, Walerud Ventures, Work Bench, Fredrik Jung Abbou | Announced |
| Nov 17, 2023 | $2.9M Grant | Swedish Energy Agency | — | Announced |
| Feb 1, 2023 | $2M Seed | — | Northzone, Walerud Ventures | Announced |
| Oct 10, 2020 | $14.2M Grant | PAR Jorgen Parson | Janneke Niessen, BEN Murphy, Samira Aissi, PER Callenberg, Swedish Energy Agency, Caroline Walerud | Announced |
AirForestry has raised $31.2M in total across 5 funding rounds.
AirForestry's investors include Par-Jorgen Parson, Kinnevik, Northzone, RRE Ventures, Sapphire Ventures, Tiger Global Management, Walerud Ventures, Work-Bench, Fredrik Jung Abbou, Swedish Energy Agency, Janneke Niessen, Ben Murphy.