Forest GIS Image (Wide Area): ForestFolks Forest Management Image
ForestFolks Inc. (Headquarters: 140 Muikamachi, Minamiuonuma City, Niigata Prefecture, within MAKINO-BA; CEO: Takashi Sakurai), which operates a forest asset management business, announces that it has raised seed round funding through a third-party allotment of new shares to Mitsubishi UFJ Capital Co., Ltd., Sparkle Inc., taliki Inc., S-Innovation Inc., and angel investors.
Background of Funding: Redefining the 'Value' of Forests
Currently, despite public funds such as the 'Forest Environment Transfer Tax' being invested in Japan's forests, neglected forests that cannot be adequately managed within the existing framework remain a challenge.
Forest affected by oak wilt disease
Neglected forest designated as a water source area
FACT BOX
- Source: PR TIMES
- Category: Funding