Baltimore startup Cambium recycles wood nationally
Cambium, a startup based in Baltimore, is developing a technology platform to recycle wood on a national scale. The company aims to track, treat, and transport reclaimed wood, reducing waste and carbon emissions. Each piece of wood has a barcode that provides details about its species and history. Cambium collaborates with local tree services and companies like Amazon to streamline the recycling process and deliver wood across the U.S. and parts of Canada. The startup has raised $28.5 million in funding and doubled its sales last year, primarily through software sales. However, tariffs on Canadian lumber may pose challenges for Cambium's operations, particularly in the northeastern U.S.