
Every year, 36 million trees decrease due to decay, disease, natural disasters, or clearing for the new development. The vast majority of these trees are burned either, or sent to the landfill or entrenched to the tenses, which is waste energy and causes carbon emissions.
Now, the new technology is used to find wood, transport, recycle it and make it useful again.
Cambium is an emerging company aimed at disrupting the wood recycling space. Its researchers in Baltimore work on new ways to track, treat and transfer old wood to the supply chain. It considers itself the platform “where wood meets technology.”
“We are really making it easy to get wood that could have been lost and build technology for the manufacture of wood so that we can provide materials, create new local jobs and address climate change on a large scale.”
Each piece of “CARBON SMART” wood contains barcode. Wipe it, and the Cambium application will determine what species are, and when they are grinded and what is its degree.
Cambium technology helps find wood, recycle it, then connect it across the United States and parts of Canada. The company works with local tree care services, truck transport companies, and have seen factories as well as companies such as Amazonand CBREJinsler, room and plate.
“We help truck drivers to coordinate loads so that they can actually move this substance, then we help in the source of the publications that substance, and follow that substance when they already use it inside the bulb and then sell these materials as well,” said Christinon.
Recycled wood in Campium.
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Kristensen said that while there are local wood recycling companies, anyone else addresses the supply chain at the national level, adding that he is expected to become global in the end. This possibility is attractive to investors.
“For us, as a project capitalist looking to invest in companies that can go to the moon and become one billion dollars, this meets all criteria,” said Adrian Fent, the Mac Venture Capital partner.
Cambium is also supported by Volo Earth Ventures, Nea and Reveress’s Reaft of Rest Seed Fund, among other things. The startup raised $ 28.5 million in total financing so far.
Kristensen said that if all neglected wooden materials can be saved in the United States, humans can export about half of our total request, “said Christingon.
Campium doubled its sales last year, and Christnin said that the great growth was on the side of the software. Its revenues come from direct sales of wood to the final users and from the program sales to the wood industry to facilitate the transfer of the recycled product, follow and sell it.
“It is very important for the Silicon Valley investors, because we do not want to invest in a wooden company,” said Futtint. “We don’t want to invest in a construction company. We want to invest in a software company.”
Kristensen said that one of the challenges facing the Trump administration tariff for Canadian wood was. These definitions are expected to affect the works of Campium, especially in the northeastern region of the United States
“We are transferring materials to the leaflets that are located 10 or 20 miles across the border, and it is clear that commercial policy really affects how these materials move.”
CNBC Lisa Resolo products contributed to this article.
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