Sirius, an Amsterdam, Netherlands-based startup aiming to transform the metals and mining industry, has secured an oversubscribed €1.2 million pre-seed funding.
SaaS Investors
The round was from investors including Fund F, BlackWood, WEPA Ventures, Techstars, and select angels.
Fund F is a venture capital firm based in Vienna, Austria. The firm seeks to invest in pre-seed and seed-stage startups with at least one female co-founder in the sectors of climate tech, femtech, health tech, fintech, insurtech, and human resources technology across Europe.
Techstars is a pre-seed investor that provides access to capital, mentorship, and other support for early-stage entrepreneurs. It was founded in 2006 in Boulder, Colorado.
BlackWood is a pan-European network- and technology-driven venture capital firm headquartered in Copenhagen. Founded in 2021, the company focuses on supporting visionary entrepreneurs at the pre-seed and seed stages across Europe.
WEPA Ventures is a German-based Family Venture Capital firm investing in European early-stage start-ups that are driving innovation in areas such as circular economy, sustainability software, or renewable energy and water technologies.
Sirius Use of Funds
The company will use the funds to accelerate the development and rollout of its AI 'sustainability twin,' designed to simplify and reduce time spent on sustainability data management.
About Sirius
Founded in 2022 by Anastasia Kuskova, Sergey Tyan, and Seva Martynov, Sirius is a cleantech startup that provides a sustainability management tool that simplifies ESG data handling for metals and mining companies. Its core feature, the Sustainability Twin™, aggregates all sustainability data in one accessible profile. The platform enhances sustainability team efficiency, automates data sharing, and offers insights into stakeholder needs, speeding up the sector’s transition to sustainable practices.
Funding Details
Company: Sirius Technologies B.V.
Raised: €1.2M
Round: Pre-Seed Round
Funding Month: January 2024
Investors: Fund F, BlackWood, WEPA Ventures, Techstars
Company Website: https://besirius.io/
Software Category: AI-driven Sustainability Data Solutions
Source: https://www.eu-startups.com/2024/01/amsterdam-based-sirius-lands-e1-2-million-to-bring-new-energy-to-to-the-traditional-metals-and-mining-industry/