Hello there, tech enthusiasts! Today, we dive into an innovative solution addressing a common waste issue: what happens to trees once they’re cut down.
In many regions, trees are discarded, shredded instead of being transformed into valuable lumber. This alarming trend didn’t sit right with Ben Christensen, someone deeply rooted in the timber business.
With a vision to change this narrative, Christensen, alongside Marisa Repka and Theo Hooker, founded Cambium. Their mission? To breathe new life into wood that would usually be wasted.
Cambium’s ingenious software connects various supply chain players, thereby streamlining wood transactions. This enhances efficiency and ensures that companies can buy or sell timber more effectively.
They provide consistency and reliability, something many in the lumber market desperately need. Cambium crafts its own products and partners with reputable companies for distribution.
Using reclaimed wood isn’t just about profit; it’s environmentally friendly too. Moving lumber short distances significantly reduces carbon emissions, which is a win for the planet.
The timber market is dominated by huge corporations, creating many fragmented processes. Cambium simplifies this with their technology, operating with around 350 parties across the chain.
They are focused not only on selling wood but educating their clients on the economic benefits of tech integration, making it attractive to even the most traditional businesses.
With substantial funding of $18.5 million, Cambium aims to further enhance its platform to digitize operations seamlessly which involves simplifying data entry through voice and text integration.