forward earth, a Berlin, Germany-based AI-driven environmental management software company, has raised €4.5 million in seed funding.
Investors
The round was led by Mosaic Ventures, with participation from Speedinvest and Revent.
Mosaic Ventures is a venture capital firm focused on investing in early-stage startups across Europe. The firm typically invests between $1 million and $10 million in companies building daring ventures across the continent.
forward earth Use of Funds
The company will use the funds to expand its operations and enhance its platform.
About forward earth
Founded by Micha Schildmann, Cari Davidson, and Giuseppe Gentile, forward earth provides carbon management solutions for mid-sized companies facing increasing regulatory pressure in the EU, UK, and US. The platform supports businesses in calculating and reporting their carbon emissions, with a particular focus on supply chain activities. The company leverages AI to simplify data collection, reporting, and regulatory compliance. forward earth has recently expanded its operations in Europe and the United States, with plans to enter the Asian market.
Funding Details
Company: forward earth GmbH
Raised: €4.5M
Round: Seed
Funding Date: October 2024
Lead Investor: Mosaic Ventures
Additional Investors: Speedinvest, Revent
Company Website: https://www.forward-earth.com/
Software Category: Environmental Management
Source: https://tech.eu/2024/10/09/forward-earth-raises-eur45-million-to-expand-ai-powered-environmental-management-platform/