SymbiaVC led a €5 million seed investment in Tree.ly to enhance its forest climate protection initiatives across Europe.

Information on Tree.ly

Tree.ly is a pioneering company engaged in forest climate protection initiatives, with a presence in Dornbirn, Austria, and Berlin, Germany. The firm connects companies with forest owners to develop innovative carbon sequestration projects, boasting agreements that cover a total of 180,110 hectares of forest across multiple European countries including Austria, Germany, Italy, the Netherlands, and the Czech Republic. Tree.ly facilitates the generation of high-quality, TÜV-certified CO₂ credits aimed at supporting sustainable forest management, with the capacity to store over 2.8 million tons of CO₂.

With plans to expand its efforts to over 1 million hectares, Tree.ly is set to cement its status as a market leader in the production of high-quality regional CO₂ credits. The funding received will allow the company to enhance its certification standards and improve the platform's functional capabilities, positioning it strategically within a growing market.

Industry Overview in Austria

Austrian forest management has seen a significant rise in the need for effective climate protection strategies as environmental concerns take center stage. The market for voluntary emissions certificates is projected