Drones in Forestry: TreeSwift Raises $4.8 M
by DRONELIFE Staff Writer Ian M. Crosby
Philadelphia-based company Treeswift announced the acquisition of $4.8 million in Seed funding. The funding was led by Pathbreaker Ventures, with contributions by Crosslink Capital, TenOneTen Ventures, Contour Venture Partners, Boom Capital Ventures, Yes VC, Susa Ventures, Draft Ventures, Anorak Ventures, S7 Ventures, Awesome People Ventures, Switch Ventures, Convective Capital, and Dorm Room Fund. This brings the total Treeswift has raised to $6.4 million in order to provide forest stakeholders with easily-accessible precision data and analyses.
SwiftCruise by Treeswift is a drone-based solution that maneuvers beneath the forest canopy to rapidly gather detailed data within heavily forested areas, obtaining measurements of individual trees through a combination of cameras, sensors, and advanced machine learning algorithms.
Treeswift provides stakeholders in…