Munich’s sustainability management platform Tanso has raised $1.9 million in a pre-seed funding round. The startup provides businesses with an integrated solution to track and report sustainability goals.
One of the most challenging issues for businesses everywhere in the sustainability management chain is the accurate calculation and reporting of data. This is Tanso’s primary objective: by building software that can be easily integrated by industrial manufacturers, the startup aims to help one of the most emissions-heavy, yet highly underserved industries reach its net-zero goals.
“With Tanso, we want to leverage the power of data and machine learning to help industrial manufacturing companies transition towards a lower carbon economy and to efficiently handle the increasing pressure for accountability,” comments co-founder and CTO, Gyri Reiersen.
The four co-founders met during their studies at the University of Mannheim, the Center for Digital Management and Technology (CDTM) in Munich, and ETH Zurich, each focusing independently on assessing industries’ climate impact.
Tanso’s pre-seed funding arrives via UVC Partners and saw the participation of Picus Capital, Possible Ventures (formerly Inventures), and a number of angel investors.
“We are impressed by the founders and their vision to positively contribute to climate action with technology and we are excited and honored to partner with the team and to lead their pre-seed financing round. We look forward to supporting Tanso to become the global category leader in sustainability accounting for the industrial manufacturing sector,” commented UVC Partners’ Alexander Kiltz.
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