Briink, a Berlin, Germany-based AI startup dedicated to empowering ESG and sustainability teams, has raised €3.85 million in seed funding.
Investors
EquityPitcher Ventures and 13books Capital co-led the round, which also included Merantix, seed + speed Ventures, and notable angel investors.
EquityPitcher Ventures is a Zurich, Switzerland-based venture capital firm that invests in B2B companies across the DACH region. Founded in 2016, the firm focuses on early-stage and growth-stage startups.
13books Capital is a London, United Kingdom-based venture capital firm that provides financial assistance and support to various companies. The firm manages investment processes and offers financial services to businesses.
Briink Use of Funds
The funds will be used to develop Briink’s specialized AI tools further.
About Briink
Briink develops cutting-edge AI solutions to support ESG and sustainability teams in managing the increasing demands of regulatory compliance. By leveraging domain-specific AI and large language models (LLMs), Briink provides tools to automate the auditing and verification of ESG data, ensuring transparency and data quality. Based at the AI Campus in Berlin, Briink is committed to equipping ESG professionals with the technology needed to drive the global transition to net zero. The company currently serves over 40 enterprise clients, including large corporations and funds.
Funding Details
Company: Briink Intelligence GmbH
Raised: €3.85M
Round: Seed Round
Funding Date: September 2024
Lead Investors: EquityPitcher Ventures, 13books Capital
Additional Investors: Merantix, seed + speed Ventures
Company Website: https://www.briink.com/
Software Category: ESG and Sustainability Solutions
Source: https://www.briink.com/news/ai-startup-briink-raises-eu3-85-million-to-help-esg-teams-verify-and-benchmark-their-sustainability-data