Sweden

AirForestry from Sweden secures €10.3M to revolutionize sustainable Forestry with Drone Technology
Uppsala-based startup AirForestry has raised €10.3 million in seed funding to advance its drone-based tree harvesting technology. The round was led by Northzone, with participation from Kiko VC, SEB Greentech VC, and Cloudbreak VC. AirForestry’s innovative approach aims to transform how forests are managed, promoting sustainability, biodiversity, and carbon sequestration.
Gothenburg-based Kognic, a company specializing in data annotation for AI, has raised €8.8 million (SEK 100M) in a funding round led by existing investors, including Metaplanet, Neudi Kapital, and Stena Sessan. This funding will further Kognic's mission to advance embodied AI—technology that enables machines like autonomous vehicles and robots to

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