How much funding has Open Forest Protocol raised?

Open Forest Protocol has raised $4.5M in total funding, most recently a Pre-Seed round.

Who are Open Forest Protocol's investors?

Open Forest Protocol's investors include BackBone Ventures, Übermorgen, Shima Capital, Not Boring Capital, Mercy Corps Ventures, Big Brain Holdings.

When was Open Forest Protocol founded?

Open Forest Protocol was founded in 2021.

Where is Open Forest Protocol headquartered?

Open Forest Protocol is headquartered in Zug, Switzerland.

What industry is Open Forest Protocol in?

Open Forest Protocol operates in Climate Tech, Crypto & Web3, SaaS.

How many employees does Open Forest Protocol have?

Open Forest Protocol has 11-50 employees.

Open Forest Protocol

The Digital Carbon Standard For Forest Restoration

Zug, Switzerland · Founded 2021 · $4.5M raised

Climate Tech

Crypto & Web3

SaaS

Headquarters: Zug
Employees: 11–50
Founded: 2021
Business Model: B2B

Website: openforestprotocol.org
Total Funding: $4.5M
Last Round: $4.5M Pre-SeedJan 2023
Rounds: 1

About

Open Forest Protocol (OFP) is a blockchain-based digital carbon standard for forest restoration, enabling project developers to register, monitor, and issue carbon credits with full transparency. It uses satellite imagery, AI, LIDAR, and NEAR blockchain smart contracts to verify afforestation and reforestation projects across 20+ countries. The platform connects project operators, carbon credit buyers, validators, and builders through open, permissionless infrastructure.

Summary

Open Forest Protocol is a Climate Tech company based in Zug, Switzerland, founded in 2021. It has raised $4.5M in total across 1 round, most recently a $4.5M Pre-Seed round in Jan 2023. Investors include BackBone Ventures, Übermorgen and Shima Capital.

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