Palantir founder and CEO Alex Karp has acquired 15,000 hectares (37,000 acres) of forest in Härjedalen, Sweden, through newly registered Cladonia Skog AB, in which he is the beneficial owner. The reported 235 million-kronor ($22 million) purchase has disrupted local hunting after the previous owner, Svenska Cellulosa Aktiebolaget (SCA), ended hunting agreements as part of the sale. Cladonia said it plans forestry and related activities and is committed to preserving the land. The deal adds to Karp's reported land holdings as natural land investment grows among wealthy investors, supported in part by demand for carbon credits (tradable emissions-offset certificates).