Denxpert, a Budapest, Hungary-based consulting and Software as a Service (SaaS) provider, raised €1 million in funding.
Investors
The investment was led by Sofia Angels Ventures, with participation from Obuda Uni Venture Capital. Sofia Angels Ventures is a €13 million venture capital fund backed by the European Investment Fund (EIF) to co-invest alongside angels, family offices, and other private investors and funds.
Denxpert Use of Funds
The company will use the funding to scale and expand its operations internationally. The investment will help Denxpert meet the growing demand for detailed and transparent sustainability data, especially with the new EU regulations (CSRD) arriving.
About Denxpert
Denxpert is an EHS & Sustainability and ESG management consulting and Software as a Service provider. Its main focus is to provide organizations with a one-stop-shop that enables swift and hassle-free management of applicable EHS&S legislations, obligations, and optimized processes. Among its clients are over 500 companies worldwide, including MOL, Telekom, Mercedes, E.On, Vantage DC, Rauch, PPF, and Vienna Airport.
Funding Details
Company: Denxpert EHS&S Software Kft.
Raised: €1.0M
Round: Unknown
Funding Month: June 2024
Lead Investors: Sofia Angels Ventures
Additional Investors: Obuda Uni Venture Capital
Company Website: https://denxpertsolutions.com/
Software Category: EHS & Sustainability and ESG Management
Source: https://ain.capital/2024/06/21/denxpert-raises-1m-sustainability-startup/