OCELL has secured €10 million in a Series A funding round led by Capnamic to enhance its AI-driven platform for developing CO₂ certificates and drive sustainable forest management in Europe.

Target Information

OCELL is a leading Green-Tech startup headquartered in Munich, Germany, specializing in forestry software and analytics. The company has developed an advanced AI-driven platform that facilitates the creation of high-quality CO₂ certificates. These certificates are integral in supporting climate-smart forest management, significantly enhancing carbon storage in forests, promoting biodiversity, and driving vital forest restructuring initiatives aimed at increasing climate resilience.

OCELL's technology utilizes aerial imagery, LiDAR, and terrestrial forest data to generate digital twins of forests. This high level of precision surpasses traditional satellite and drone-based methods. Currently, OCELL's software manages approximately 810,000 hectares of forest, with the potential to store an additional 1.62 million CO₂e annually, significantly contributing to sustainable forest management and climate protection across Europe.

Industry Overview

The forestry industry in Germany is undergoing a transformative phase, driven by the urgent need to address climate change. With increasing awareness and regulatory frameworks surrounding carbon emissions, Germany is positioning itself at