English - New CEO Caroline Walerud leads next phase of deep-tech company AirForestry and ramps up technician and engineering hires
- Northzone leads the SEK 28M pre-Series A convertible
AirForestry, the company developing the world’s first aerial tree harvesting technology, has secured SEK 28 million in pre-Series A convertible financing from existing investors. The funding accelerates the development of its automated forest machine platform and supports an expanded engineering recruitment drive.
The financing follows AirForestry’s €10.3M seed round led by Northzone in 2024 and comes as the company enters a new phase under CEO Caroline Walerud, who assumed the role in late 2025. Northzone Partner Pär-Jörgen Pärson, who led the seed round and convertible, now serves as Chairman of the Board.
AirForestry is building a fundamentally new forest machine, utilizing aerial harvesting in an electric, automated system designed for precision tree harvesting (thinning) without heavy ground infrastructure. The system architecture is engineered for automation, repeatability, and scalability, introducing a new machine category into an industry where core equipment design has remained largely unchanged for decades.
“We are moving from a proven concept to advanced field validation,” says Caroline Walerud, Founder and CEO of AirForestry. “This pre-commit to the Series A from our existing investors validates both the technology and the market opportunity. Our focus now is accelerating the development and strengthening our organization with 12 new talents: field test technicians, assembly technicians, production test engineers, mechanical engineers, and a Talent & Growth Lead .”
Forestry is one of the world’s most established resource industries. AirForestry’s system-level redesign introduces automation and scalability into a sector ripe for technological transformation.
