Cambium has announced the successful completion of an $18.5 million Series A funding round, aimed at scaling its platform and expanding into the Mass Timber sector. The company is focused on developing artificial intelligence technology that converts waste wood into usable lumber, thereby promoting sustainability in the timber industry. By integrating tree care, trucking, and milling operations, Cambium aims to reduce carbon footprints while enhancing the efficiency of wood processing. This initiative is part of a broader effort to establish Carbon Smart™ Wood, which transforms salvaged wood into high-performance materials. The funding was supported by VoloEarth, indicating strong backing for Cambium's mission to make sustainability a standard practice in the built environment.
Cambium has secured $18.5M to scale its platform, expand into Mass Timber, and grow Carbon Smart™ Wood—turning salvaged wood into high-performance materials. With backing from @VoloEarth, they’re making sustainability the standard. More @TechCrunch: https://t.co/D7MK1AIzLT
Cambium Secures $18.5 Million Series A, Expands into Mass Timber to Accelerate Sustainable Materials for the Built Environment https://t.co/4RCySPRcGA https://t.co/xqrorXlSfS
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