Esgrid, a Tallinn, Estonia-based ESG (Environmental, Social, and Governance) risk management startup, has secured a fresh funding round.
Investors
The round was led by new investor 2C Ventures, with participation from existing backers Startup Wise Guys, Greenco Ventures, and Lemonade Stand.
2C Ventures is an early-stage venture capital firm based in Tallinn, Estonia, specializing in cleantech investments across the Nordics and Baltics. Established in 2023, the firm supports startups that drive decarbonization, promote circular economy practices, and develop sustainable energy solutions. They invest from Pre-seed to Series A stages, ranging from €250,000 to €1 million.
Esgrid Use of Funds
The funding will support Esgrid's expansion into broader supplier management functions and accelerate the development of AI-powered tools, such as its new supplier evaluation template generator.
About Esgrid
Founded in 2023, Esgrid offers an AI-powered platform that helps medium-sized enterprises and financial institutions automate ESG (Environmental, Social, and Governance) compliance and supplier management. Its platform simplifies regulatory reporting, supplier onboarding, and risk assessment, helping businesses reduce costs and save time through advanced automation and AI tools. Esgrid latest features include AI-generated evaluation templates, onboarding workflows, and document handling. Headquartered in Tallinn, Estonia, Esgrid serves dozens of flagship customers across the continent.
Funding Details
Company: Esgrid Technologies OÜ
Raised: Undisclosed
Round: Unknown
Funding Date: April 2025
Lead Investor: 2C Ventures
Additional Investors: Startup Wise Guys, Greenco Ventures, Lemonade Stand
Company Website: https://esgrid.com/
Software Category: ESG Risk and Supplier Management
Source: https://tech.eu/2025/04/16/estonias-esgrid-raises-fresh-funding-to-expand-from-esg-risk-to-full-supplier-management/