Frankfurt-based leonardo impact, an impact measurement startup, announced that it has raised €555K in a pre-seed funding round.
The round was led by Beteiligungs-Managementgesellschaft Hessen (BMH), a local Hessen-based investor.
In addition to BMH, the German startup also secured the support of eight mission-driven Business Angels.
The company says that these individuals also offer invaluable expertise across diverse industries such as tech entrepreneurship, impact measurement, sales, software engineering, and more.
The latest capital injection will help leonardo accelerate its mission to disrupt the status quo of sustainability reporting through its AI-powered software, claims the company.
Founded by Jasper Klemm, Jan Moellmann, and Samuel Khew, as a spin-off of TU Munich, leonardo is an impact-driven software company that enables organizations and their capital providers to measure, verify and report their sustainability impact according to recognized global standards.
The company does it by combining scientific standards with a software product that drastically simplifies complex tasks and will include AI-supported impact verification.
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