With a mission to bring useful innovation to the forestry industry, Helsinki-based tech startup CollectiveCrunch has recently announced the closure of a €600K funding round led by Finland’s Thominvest, taking the company’s total funding to €1 million. Existing and new angel investors also participated to complete the round. Now, Collective Crunch plans to use the funds to finalise and launch the first commercial version of its Linda Forest platform in the second half of 2019.
The Nordic startup has developed an AI platform dubbed as Linda Forest, which is based on a multi-layered Geo-information System (GIS) solution. In GIS systems many layers of information are stacked upon a geographical grid. Like Google Maps, where satellite images, streets, and local shops are a few of several layers that are placed on a geographical map. In this case, the layers are things like weather information for many years back; soil classifications; optical and other images taken from satellites, LIDAR information and much, much more.