Tree.ly has secured €5 million in seed funding to enhance its platform connecting businesses with forest owners for CO2 credit projects in Germany.

Information on the Target

Tree.ly is an innovative platform that connects businesses with forest owners, facilitating corporate participation in forest-based climate protection projects through certified CO2 credits. Founded by Jodok Batlogg and Christian Lutz, the startup aims to streamline the process for companies to engage in environmental sustainability initiatives, leveraging their financial resources for effective climate action.

Recently, Tree.ly successfully raised €5 million in a seed funding round. This capital will enable the company to enhance its operations, broaden its market reach, and further develop its technology to better serve both businesses and forest owners in their mutual climate goals.

Industry Overview in the Target's Specific Country

Germany, where Tree.ly is based, has been at the forefront of environmental sustainability initiatives, particularly in the context of climate change mitigation. The German go