Hedman advised NordicNinja in investing in Arbonics

Hedman Law Firm advised NordicNinja VC on its investment in Arbonics, a pioneering Estonian climate tech startup. This €5.5 million seed round funding, raised from NordicNinja, Plural, and Tilia Impact Ventures, brings Arbonics’ total capital raised to €7.3 million. With this funding, the company is positioned to revolutionise the European forest-carbon removal landscape.

Last year, in cooperation with Tartu University geoinformatics researchers, Arbonics created a digital tool that helps find suitable land for new afforestation and calculates in a minute how much carbon income a landowner can earn by planting a forest.

NordicNinja in an operator-led VC fund investing in the best European teams building deeptech, climate tech, and digital society solutions. NordicNinja is also the largest Japanese-backed VC in Europe.

Hedman´s senior associate Taavi Kõiv provided comprehensive legal counsel to the client throughout the investment process, ensuring the smooth execution of the deal and was assisted by associate Anastasia Miller and junior associate Alex Luik.