Open Forest Protocol logo β€” Creating the highest integrity and most verifiable nature-ba...

Open Forest Protocol

Creating the highest integrity and most verifiable nature-based carbon credits, at scale 🌳

Founded 2021 Switzerland Lausanne, Switzerland 27 employees Non Equity Assistance Total: $3.80M Blockchain, ESG

General Information

Company Name Open Forest Protocol
Founded Year 2021
Location Switzerland Lausanne, Switzerland
Employees 27
Industries Blockchain, ESG
Funding Stage Non Equity Assistance
Social

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About Open Forest Protocol

Open Forest Protocol (OFP) is revolutionizing the verification and issuance of carbon credits with its complete digital overhaul. The company offers a no upfront cost, open-source, and network-based verification system for carbon developers, ensuring the creation of the most transparent and verifiable carbon credits. Founded in 2020 and based in Switzerland, OFP is committed to scaling projects globally, focusing on nature-based solutions. Their mission is to make voluntary carbon markets reliable, liquid, and easily accessible for mitigating climate change. The latest investment, a non-equity assistance investment on 29 June 2023, came from The Biodiversity Digital Academy. Open Forest Protocol's commitment to transparency and sustainability makes it a promising contender in the blockchain industry.

Business keywords: carbon credits, nature-based solutions, verification system, climate change, re-imagining carbon markets, transparent financing mechanisms, regeneration, green technology, community financing

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Non Equity Assistance Undisclosed 1
The Biodiversity Digital Academy
29 Jun 2023
Pre Seed Round €3.80M 7
Shima Capital, Valor Capital Group +5
10 Jan 2023
Pre Seed Round Undisclosed 1
Mercy Corps Ventures
26 May 2022

Open Forest Protocol Alternatives & Competitors

Open Forest Protocol vs
Flowcarbon
Flowcarbon United States

Financing the future

Venture round
23 employees
Blockchain, Crypto
Open Forest Protocol vs

Crafting Innovation & Circular Economy

14 employees
Blockchain, ESG

FAQ About Open Forest Protocol

Creating the highest integrity and most verifiable nature-based carbon credits, at scale 🌳
Open Forest Protocol was founded in 2021.
Open Forest Protocol is headquartered in Lausanne, Switzerland.
Open Forest Protocol operates in Blockchain and ESG. Its work centres on carbon credits, nature-based solutions, verification system and climate change.
Open Forest Protocol has approximately 27 employees.
Open Forest Protocol has completed 3 funding rounds, raising a total of $3.80M. The latest funding stage is Non Equity Assistance.
Top alternatives and competitors to Open Forest Protocol include Flowcarbon, Nordic Waves Group . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Open Forest Protocol and Flowcarbon are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Open Forest Protocol, https://bouncewatch.com/company/open-forest-protocol, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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