Cambium, a supply chain technology company focused on sustainable wood materials, has raised $18.5 million in a Series A funding round led by VoLo Earth Ventures. Additional investors include NEA, Dangerous Ventures, Tunitas Ventures, Woven Earth, Understorey, Groundswell, Ulu Ventures, and existing backers such as MaC Venture Capital, Rise of the Rest, 81 Collection, Alumni Ventures, and Soma Capital. The funding will drive AI technology integration into the $788 billion wood products industry, expand Cambium’s wood supply network, and support its entry into the mass timber market.
Cambium’s platform modernizes the traditionally fragmented wood industry by digitizing supply chain processes and enhancing efficiency through AI-powered solutions. By integrating tree care services, sawmills, and manufacturers, Cambium enables real-time inventory management, log transportation logistics, carbon impact tracking, and e-commerce capabilities. The company’s approach helps shorten supply chains, localize production, and reduce the carbon footprint of material sourcing while supporting regional economies.
A key focus of Cambium’s expansion is the introduction of mass timber products made from salvaged wood. The company is producing Carbon Smart™ Wood for cross-laminated timber (CLT), a sustainable alternative to steel and concrete. CLT offers strength and durability while significantly reducing construction-related carbon emissions. To ensure a consistent supply, Cambium has partnered with leading CLT manufacturers, including Mercer Mass Timber, SmartLam North America, Sterling Structural, and Vaagen Timbers.
Cambium has already facilitated the movement of over 8 million board feet of salvaged wood, sequestering more than 10,000 tonnes of CO2e. Its supply chain network includes over 350 tree care service companies, sawmills, and trucking companies, helping to transform wood waste into valuable materials. Collaborations with brands like Room & Board, Steelcase, and Equinox highlight the growing demand for Carbon Smart™ Wood in furniture, flooring, and construction applications.
Co-founded by Ben Christensen, Marisa Repka, and Theo Hooker, Cambium plans to use the new funding to expand its distribution network, enhance logistics capabilities through its Mill Market platform, and explore further acquisitions to scale operations nationwide. With global wood demand expected to triple by 2050, Cambium aims to modernize the U.S. wood supply chain, making sustainable materials more accessible and cost-effective.