Renowned athletes Antoine Dupont and Raphaël Varane have invested in MORFO, a drone-based reforestation startup, alongside existing backers, to support its mission of restoring 100 million hectares of forest by 2050.

Information on the Target

MORFO is a Franco-Brazilian startup specializing in large-scale reforestation initiatives through innovative drone technology. Founded in 2021, the company has quickly positioned itself as a key player in sustainable reforestation, offering precise assessments of degraded areas, unique seed encapsulation technologies, and an innovative drone deployment system. These methods are tailored to create collaborative projects that engage local communities, ensuring both environmental respect and inclusiveness.

Under the leadership of its three co-founders, including Pascal Asselin, MORFO aims to restore an impressive 100 million hectares of forest by 2050. As of now, the company employs 35 staff members representing eight different nationalities, which enhances its diverse approach to tackling reforestation challenges.

Industry Overview in the Target’s Specific Country

The reforestation sector in Brazil faces critical challenges as the country hosts some of the world's most vital ecosystems, including the Amazon rainforest. According to the UN, Brazil needs to undertake extensive reforestation efforts to combat deforestation

View Source

Similar Deals

Bpifrance’s SPI 2 Fund, Wind, Capital Grand Est, NCITY Keey Aerogel

2025

Series A Construction Materials (NEC) France
Japan Hydrogen Fund L.P. GravitHy

2025

Series A Iron, Steel Mills & Foundries France
INNOVACOM, CAAP CREATION, Région Sud Investissement MUANCE

2024

Series A Cement & Concrete Manufacturing France
DeepTech & Climate Fonds (DTCF) Genomines

2023

Series A Nonferrous Metal Mining France
FrenchFood Capital Green Creative

2025

Series A Oil & Gas Refining and Marketing (NEC) France

Antoine Dupont, Raphaël Varane

invested in

MORFO

in 2023

in a Series A deal

Deal Parameters
Industry
Country
Seller type

Sign Up to Dealert