MORFO raises €4M to become global leader in tropical reforestation
Paris, December 8, 2022 – MORFO announces today its first round of financing of 4 million euros.
The French ClimateTech start-up aims to fight against global warming with a unique method of reforestation by drones for degraded ecosystems, that can be used on a large scale and all over the world.
With this first round of financing, MORFO is launching an ambitious recruitment plan, accelerating its R&D, and positioning itself as a key player in the protection and restoration of biodiversity thanks to the unique combination of its three technological cornerstones: Agritech, Computer Vision and Drones.
This round of financing is co-led by Demeter and RAISE Ventures, and joined by AFI Ventures, TeamPact Ventures, and business angels.