
Hyggligt
Developing economical, sustainable and maintenance-free solutions for the clearance of forests.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
* | SEK500k | Seed | |
Total Funding | 000k |
SEK | 2024 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
% profit margin | 3 % |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
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Hyggligt Skogsbruk AB, established in 2023, is a Stockholm-based company providing a comprehensive service for continuous cover forestry, positioning itself as an alternative to traditional clear-cutting methods in Sweden. The company's business model is centered on making sustainable forestry economically viable for private forest owners and managers. Hyggligt's co-founder and CEO is Edith Heppich.
The company's core offering, the "Hyggligt Concept," is a full-service solution that encompasses forest inventory, optimized felling plans, harvesting, and timber sales. A key technological component is the use of drones and LiDAR scanning to collect detailed data on every tree in a stand, including position, timber volume, species, and local competition. This data feeds into a proprietary optimization model, developed based on Swedish research, which determines which individual trees to harvest. The algorithm considers factors such as timber volume, species, competition between trees, and current timber prices to maximize both short-term and long-term profitability.
This data-driven approach to selective felling, or "plockhuggning," aims to increase profitability, carbon sequestration, and biodiversity in the forest. By selecting mature trees for precision harvesting and leaving smaller ones, the method promotes natural regeneration and a more layered forest structure. Hyggligt also provides a visualization tool for harvester operators, translating the complex data into actionable instructions to ensure the optimized felling plan is executed correctly. The company targets private forest owners and forest managers, offering them a way to adopt continuous cover methods that are often perceived as complex and labor-intensive. In 2023, Hyggligt was selected to participate in the Sting Accelerate ClimateTech program, securing a 0.5 MSEK investment from Propel Capital to accelerate its growth.
Keywords: continuous cover forestry, sustainable forestry, selective felling, plockhuggning, forestry technology, LiDAR forest scanning, timber optimization, forest management software, carbon sequestration, biodiversity, forest data analysis, precision harvesting, Swedish forestry, ClimateTech, AgTech, forest inventory, timber sales, drone forest mapping, sustainable logging, forestry AI