Overstory Raises $43 Million Series B

Overstory, an Amsterdam, Netherlands-based company providing AI-powered vegetation intelligence, has raised $43 million in Series B funding.

The round was led by Blume Equity, with participation from Energy Impact Partners and existing investors, including B Capital, Semapa Next, Pale Blue Dot, CapitalT, Convective Capital, Bentley Systems, MCJ, and Moxxie Ventures.

Blume Equity is a European climate-tech growth equity firm based in London and Amsterdam. The firm partners with disruptive climate tech scale-ups that enhance efficiency and climate resilience. The Blume team is a growth specialist, providing flexible scale-up capital and value creation support to visionary entrepreneurs driving innovation and addressing the climate emergency.

The funding will support global expansion, advancement of AI-based risk models, and enhancement of Overstory’s wildfire prevention solutions.

Overstory is an AI-powered grid resilience platform transforming how utilities protect communities from outages and wildfires. The company harnesses high-resolution satellite imagery and proprietary AI models to provide the intelligence utilities need to shift from reactive maintenance to targeted, risk-based resilience strategies. By pinpointing the highest-risk vegetation and assets, Overstory empowers partners to direct resources with precision, maximize the impact of every dollar spent, and build a safer, more reliable, and resilient grid. Overstory is a global company with U.S. headquarters in Boston and European headquarters in Amsterdam.

Funding Details

Company: Overstory B.V.

Raised: $43.0M

Round: Series B

Funding Date: November 2025

Lead Investor: Blume Equity

Additional Investors: Energy Impact Partners, B Capital, Semapa Next, Pale Blue Dot, CapitalT, Convective Capital, Bentley Systems, MCJ, Moxxie Ventures

Company Website: https://www.overstory.com/

Software Category: Climate Tech / AI / Utility Operations / Wildfire Prevention