SymbiaVC and Tree.ly Expand Forest Climate Protection
SymbiaVC, along with PortfoLion, aws Gründerfonds, and the Tba Network, fuels the growth of Tree.ly's pan-european forest climate protection platform.
SymbiaVC participated in a € 5 million seed investment in Tree.ly, a company based in Dornbirn, Austria, and Berlin, Germany. Alongside PortfoLion, aws Gründerfonds, and the Tyrolean Business Angel Network, SymbiaVC supports Tree.ly’s mission to expand its innovative forest climate protection projects across Europe.
Accelerating Growth
Tree.ly, a leader in regional forest climate protection initiatives, will leverage this investment to accelerate its growth and attract new customers in its five European markets. The funding will also facilitate the development of the next version of the certification standard for climate protection performance and enhance the platform’s functionality and automation.
At the forefront of this market, Tree.ly connects companies with forest owners to develop ISO-certified carbon sequestration projects. These high-quality, TÜV-certified CO₂ credits support sustainable forest management. Tree.ly currently has agreements covering 180,110 hectares of forest in Austria, Germany, Italy, the Netherlands, and the Czech Republic. With a CO₂ storage capacity of over 2.8 million tons, Tree.ly’s projects enable companies to achieve a net-zero balance and make a direct positive impact on their sustainability goals and the local environment.
Impressive Growth Trajectory
Tree.ly aims to continue its impressive growth trajectory of over 300 percent year-on-year. The company plans to expand its climate protection projects to over 1 million hectares and establish itself as the market leader for high-quality regional CO₂ credits. The market for voluntary emissions certificates is set to grow to € 15 billion globally and € 3 billion in Europe over the next five years, with a strong trend towards regional and high-quality projects. Tree.ly’s certified projects are the perfect response to this demand.
As one of the fastest-growing technology companies in this field, this investment will significantly accelerate growth in various European markets, strengthen Tree.ly’s technological leadership, and drive the development of new forest-based climate protection offerings,” says Jodok Batlogg, founder and CEO of Tree.ly.
Aligned Missions
Johannes Oberdanner and Alex Burger add: “We are thrilled to invest in Tree.ly, an innovative Austrian startup whose mission perfectly aligns with our own commitment to sustainably protect wood and forests. Our investment decision was driven by Tree.ly’s unique capability to create both ecological and economic value. By supporting regional forests across Europe, we are collectively advancing our shared goal of combating climate change and promoting biodiversity. Beyond their exciting and sustainable business model, we were particularly impressed by the passion and expertise of the founders and the team.”
Fotocredit: Julian Schmelzinger