Portfolio company news: CollectiveCrunch’s ground-breaking AI Linda Forest is ready
Full Stack Developer Kyryll Vynokurov and CEO Rolf Schmitz showcasing Linda Forest at the Digital Excellence Forum in Messukeskus, Helsinki.
After a successful funding round and a new partnership with Metsähallitus earlier this year, Takeoff Partners' portfolio company CollectiveCrunch releases its AI-powered SaaS platform for commercial use.
“Think Google Maps for forestry,” summarizes CEO and
Co-founder Rolf Schmitz, when asked to explain the essence of what Linda
Forest is. “Google Maps lets you plan your journey and directs you there
hassle-free. With Linda Forest, you can target the wood resources you need,
plan your harvest and harvest what you targeted.”
Indeed: looking at the interface, it does seem like a 3D-rendering of Google’s omnipresent product. Only instead of showing street
data, it shows you the volume and quality of wood in the forests.
Linda Forest was commercially launched on September 19,
2019, at the Digital Excellence Forum in Helsinki, where the CollectiveCrunch
team took the floor to show a demo of the product.
is an AI leader in the forestry industry. The company collects climate, geo and
process data and crunches this information into AI models for better prediction
of forest inventories and forest management parameters. The product is called
Linda Forest, and it is delivered via a SaaS platform.
For any business that is exposed to
the unpredictability of nature, the potential financial impact of more accurate
forecasting is massive. Using Linda Forest, customers make better buying and
selling decisions, use wood-based raw material more efficiently, and overall
reduce their costs. If the volumes are very large, even just a 1% systematic
improvement in forecast accuracy will result in several millions of euros saved
New hires and a high-profile partnership
The product launch comes at the tail
end of a very forward-moving spring and summer for CollectiveCrunch.
Earlier in the year,
the company successfully completed a funding round, raising a total of EUR
600,000, to increase their headcount and technical capacity.
June, CollectiveCrunch entered a remarkable partnership with Metsähallitus with
the goal of improving harvesting and forest development planning through deep AI
technology and big data analysis.
“We believe this to be the largest AI initiative in the
forestry sector globally. Results from this close partnership will have a huge impact to
the industry as a whole and benefit many across the value chain by utilizing
Linda forest,” CollectiveCrunch’s
Chief Product Officer Jarkko Lipponen says.
The pilot is planned to be launched by the end of 2019.
Plans for internationalization
CollectiveCrunch is currently serving clients in Finland,
Sweden, and Estonia.
One of their clients is Setra, a
large Swedish wood product company. According to Setra’s CDO, Axel Simonsson,
they have been very happy with the progress of the on-going pilot project.
has acted as a change agent between us and our supplier, making us think
outside the box,” he describes.
According to Rolf Schmitz, the short-term plan for
CollectiveCrunch is to establish a solid foothold in the Nordics.
“The Nordic countries are early adaptors of technology so it
has been a good place to start from,” he says.
“There has been some interest in Russia. Longer term, we
will be looking to also enter the markets in Canada and the US.”
Rolf Schmitz pauses, considers, and adds:
“Also, Linda could be used to predict the risk of forest
That, truly, could have critical future applications for the
forestry industry and beyond, especially on the international markets.