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Beetle ForTech: Startup with a solution against the illegal wood trade

beetle for tech © Beetle ForTech

The four young entrepreneurs Koimé Kouacou, Thi Phuong An Nguyen, Matthias Sammer and Sebastian Vogler are implementing this technology in four interdependent subprojects, including wood coding and a satellite-supported forest monitoring system. In this way the wood industry can be supported in adhering to EU regulations and ecological standards. The objective is to digitalise the entire value chain and make transparency a matter of course in the sector.

Timber production and wood trading companies are required to prove the origins of their wood. However, there has been a lack of holistic and tamper-proof solutions to help fulfil this legal obligation. The new data-driven solution includes, amongst other features, a specifically developed proprietary IoT marking device which can permanently trace the path of wood in connection with location-based services.

Go on reading and find out how INVEST in AUSTRIA can also support your international startup in setting up operations in Austria!

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Located in the heart of Europe, Austria offers an optimal base for our internationally orientated business. The great funding options as well as the support of institutions such as ABA – Invest in Austria and the Vienna Business Agency have turned out to be real USPs for the business location Austria. More and more skilled workers are drawn to Austria, because of it’s high living standard. This has helped us tremendously finding highly qualified employees for our company. We feel right at home within the steadily growing international ecosystem and easily built a network with local parties. One can feel the spirit and the will to grow into a bigger startup hub like Germany or Sweden. We hope, that by sharing our positive experiences, we can help attract more global talent to come to Austria.

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