BALTIMORE — Cambium, a supply chain technology company with a focus on the wood industry, has garnered $18.5 million in Series A funding that will aid in the company's efforts to expand in the mass-timber market.

The funding round, led by VoLo Earth Ventures, with participation from several other investment companies, is meant to "advance Cambium’s deployment of AI technology into the $788 billion wood products industry, strengthen its wood supply network, drive team growth, scale operations, and expand into new mass timber offerings."

The company recently launched Carbon Smart Wood for mass timber, a cross-laminated timber (CLT) product made from salvaged wood. By integrating carbon avoidance, traceability, and engineered wood products, the company said that Carbon Smart CLT provides a "modern and environmentally responsible solution for construction."

“Cambium has identified a critical need to modernize the wood industry, from forestry to construction, by improving supply chain efficiency and using technology to create access to cost-efficient sustainable materials,” said Kareem Dabbagh, Co-Founder and Managing Partner at VoLo Earth Ventures. “By producing high-quality, lower carbon Carbon Smart™ Wood and creating a more connected supply network, Cambium is solving key challenges in the industry. Our investment reflects our strong belief in their vision, their team, and the value they bring to the construction and design markets.”

Growing market demands for locally sourced, traceable, and low-carbon building materials, that are at or below cost-parity, are driving the fast adoption of Cambium’s supply chain platform. Cambium’s platform digitizes and streamlines the wood industry, connecting tree care services, sawmills, and manufacturers to transform salvaged wood into Carbon Smart™ Wood, millwork, and now mass timber. By integrating tree care services, sawmills, and manufacturers into one network, Cambium’s supply chain platform tracks every stage of the lumber journey supply chain, creating a robust chain of custody data layer for the industry. In building industry-first AI and LLMs, they are working to improve efficiency at every touchpoint. It enables solutions like log transportation and logistics, inventory management point-of-sale systems, real-time carbon impact tracking, and e-commerce capabilities – modernizing a traditionally fragmented and pen-and-paper industry.

Cambium's AI-driven tools empower trucking companies, sawmill operators, and tree care service companies to streamline workflows and localize production with shorter supply chains, enhancing efficiency and bolstering regional economies. This commitment to reshoring manufacturing not only reduces the carbon footprint of shipping but also revitalizes American communities by creating high-quality jobs.

Mass timber products from salvaged wood

With the new funding, Cambium is entering the mass timber market, introducing structural wood products that can be used alongside or in place of steel and concrete – two of the most carbon-intensive materials in the building industry. Engineered for strength and durability, Carbon Smart™ Wood is now being manufactured into cross-laminated timber (CLT), a low-carbon building product that stores carbon, requires less energy to produce, and replaces high-emission materials. It offers architects and builders a viable, cost-effective solution to reduce the climate impact of construction while meeting structural demands. Through partnerships with leading CLT manufacturers, including Mercer Mass Timber, SmartLam North America, Sterling Structural, and Vaagen Timbers, Cambium will ensure a consistent supply and quality of the CLT product.