OCELL Secures €10 Million to Expand AI-Driven Carbon Credit Platform

David Dohmen, Co-Founder and Co-CEO of OCELL, emphasized the challenges facing the carbon credit market, noting that its credibility has been undermined by unreliable data. He stated that the company is focused on restoring confidence in the market by integrating advanced AI technology with nature-based solutions. He also highlighted the advantages of forests as a readily available and scalable resource for carbon sequestration, stressing that OCELL's technology ensures accurate measurement and transparency in the process.

Founded in 2019 by Christian Decher, David Dohmen, and Felix Horvat, OCELL specializes in forestry software and analytics, offering solutions to help forest enterprises manage their land more sustainably. The company’s AI-driven platform processes aerial imagery, LiDAR, and ground-based forestry data to generate digital twins of forests. These digital models provide real-time insights into forest growth, carbon storage capacity, and other key metrics, enabling the development of data-driven strategies for optimizing carbon sequestration.

Currently, forests managed using OCELL's software cover an area of over 810,000 hectares, with the potential to store an additional 1.62 million tons of CO2 per year. The company has already secured offtake agreements for more than 100,000 carbon credits, underscoring its role in supporting climate-focused forest management. These credits contribute to increasing the carbon storage capacity of forests while also promoting biodiversity and improving climate resilience.

The company highlights that forests are increasingly threatened by climate change, with extreme weather events posing significant risks. According to OCELL, four out of five trees are currently in poor health, making sustainable forest management more critical than ever. By leveraging its AI-based platform, the company aims to enhance the economic value of ecosystem services while driving innovation in the forestry sector.

The newly raised capital will be used to refine OCELL's core technology, accelerate growth, and expand climate projects across Europe, with a particular focus on the Nordics and Baltics. Additionally, the company plans to develop a digital platform that will provide transparent tracking of project progress and impact through real-time data.

Christian Knott, Managing Partner at Capnamic, noted that OCELL's deep understanding of forestry sets it apart in the market. He pointed out that the company’s solutions not only provide a high-quality product but also create new revenue opportunities for forest owners. With regulatory and transparency standards evolving rapidly, he stated that OCELL is well-positioned to address the challenges faced by the industry.

Ferry Heilemann, Founder and Partner at AENU, described OCELL as a company that enables commercial forest owners to unlock high-quality carbon credits through its comprehensive forest management software. He emphasized that this approach enhances profitability while simultaneously increasing carbon sequestration on forested land.