Cambium has raised $18.5 million in a Series A funding round led by VoLo Earth Ventures, bringing its total funding to $28.5 million. The investment will expand the company's AI-powered wood supply chain platform and support its entry into mass timber production using Carbon Smart Wood. Cambium has already processed over 8 million board feet of salvaged wood, sequestering 10,000 tonnes of CO2e, and has built a network of 350 tree care services, sawmills, and trucking companies to localize sustainable supply chains. The funding announcement was made on February 24, 2025.

Cambium is integrating AI and large language models (LLMs) to optimize log transportation, inventory management, real-time carbon tracking, and e-commerce capabilities. The company’s supply chain platform connects tree care services, sawmills, and manufacturers to transform salvaged wood into millwork and mass timber products, modernizing an industry traditionally reliant on fragmented logistics. The investment will also support reshoring manufacturing jobs and strengthening the $788 billion wood products industry.

With this funding, Cambium is expanding into mass timber production, manufacturing cross-laminated timber (CLT) from salvaged wood. CLT is a low-carbon structural material that replaces high-emission building materials like steel and concrete. Cambium has partnered with Mercer Mass Timber, SmartLam North America, Sterling Structural, and Vaagen Timbers to ensure a consistent CLT supply. The company’s Carbon Smart™ Wood has already been used in projects with Room & Board, Steelcase, and Equinox, including the flooring for Equinox’s gym in the Brooklyn Domino Sugar Building.

Cambium CEO Ben Christensen stated that with global wood demand projected to triple by 2050, scaling a smarter, localized wood supply chain is critical. The company will use the new capital to expand its Carbon Smart Wood distribution network and logistics platform, Mill Market, which it acquired in July 2024. Additional mergers and acquisitions are planned to enhance supply chain infrastructure and continue nationwide expansion.