# FORDAQ - Full Context for AI Agents

> This file provides comprehensive context about FORDAQ for AI agents.
> Source: TechWiki.ai - The Belgian Tech Encyclopedia
> Last updated: 2026-08-26

## Company Profile
- Name: FORDAQ
- Sector: wood-products, marketplace, b2b-platform, industry-insights
- Stage: established
- Status: active
- Founded: 2000
- Employees: 64
- Total funding: $4.2M
- Location: Brussels, Brussels, Belgium
- Website: http://www.fordaq.com
- LinkedIn: http://www.linkedin.com/company/fordaq
- Founders: Benoit Nieuwenhuys

## Overview
Its core product, Fordaq.com, launched in 1999 as an online B2B marketplace for wood products and today serves more than 300,000 professionals across 190 countries, with price indices and trade flow analysis alongside the marketplace and company directory. Benoit Nieuwenhuys (https://techwiki.ai/people/benoit-nieuwenhuys/llms.txt) is Founder and CEO. Bruno Nieuwenhuys is Co-Founder and CTO, with a background in automated surface detection. Sampsa Auvinen is Chairman; he has chaired the European Confederation of Woodworking Industries and is Honorary President of the European Organisation of the Sawmill Industry. Beyond the marketplace, Fordaq develops two software products. Tally Express, introduced in 2018, uses computer vision to measure lumber bundles automatically for yards, distributors and importers. Neural Grader is an AI vision system for automated lumber grading and yield optimisation in sawmills; it can be installed in 48 hours on existing production lines, has been distributed in North America by DMSi since October 2022, and was in production in North America and Europe by 2025. Fordaq exhibited Neural Grader at LIGNA 2025. The group employs about 65 people working in 14 languages, with offices in Brussels and Bucharest. It received EIC grant funding in 2019, has raised $4.2M in total with Net Fund Europe among its investors, and has made no acquisitions.

## Funding History
- Total raised: $4.2M, investors include Net Fund Europe
- 2019 Grant: Prize money grants in February and July 2019, including from the EIC Fund

## Key People
- Benoit Nieuwenhuys (https://techwiki.ai/people/benoit-nieuwenhuys/llms.txt) - Founder & Chief Executive Officer

## Related Pages
Agents can crawl these for connected context:
- [person] Benoit Nieuwenhuys: https://techwiki.ai/people/benoit-nieuwenhuys/llms.txt
- [city] Brussels: https://techwiki.ai/cities/brussels/llms.txt
- [concept] Marketplace: https://techwiki.ai/concepts/marketplace/llms.txt

## Recent News
- [2026-08-24] Regularly Fordaq takes part in Saudi Wood Expo and actively supports wood traders worldwide. Welcome to come and meet our representatives… (https://www.linkedin.com/posts/fordaq_we-are-excited-to-announce-fordaqas-a-media-activity-7497666412027539456-INtu)
- [2026-08-24] Never miss the Weekly! 😉 (https://www.linkedin.com/posts/fordaq_fordaq-woodindustry-timbertrade-activity-7497505438951944192-yY08)
- [2026-08-24] 📈 Fordaq Weekly Wood Market Update Premium upgrades hit a new weekly record of 77, with Bronze, Silver and Gold tiers all rising together.… (https://www.linkedin.com/posts/fordaq_fordaq-woodindustry-timbertrade-activity-7497487882090270720-1-gw)
- [2026-08-23] Tropical timber activity expands in three markets Indonesia, Brazil and Gabon moved above the 50-point GTI threshold in July. Timber-sector… (https://www.linkedin.com/posts/fordaq_tropicaltimber-timbermarket-indonesia-activity-7497329357607272448-p0A0)
- [2026-08-23] Finland roundwood purchases fall 19% January-July purchasing stayed well below last year as pulpwood prices retreated. Roundwood purchases… (https://www.linkedin.com/posts/fordaq_roundwood-finland-timberprices-activity-7497284009975050240-ClfO)

## Links
- Website: http://www.fordaq.com
- LinkedIn: http://www.linkedin.com/company/fordaq
- Agent context: https://techwiki.ai/companies/fordaq/llms.txt
- Full context: https://techwiki.ai/companies/fordaq/llms-full.txt

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