
Germany's Tanso Secures €12 Million Funding for Expansion
The Munich-based environmental compliance platform, Tanso, has successfully raised €12 million in a recent Series A funding round, with backing from prominent VC firms henQ and Fortino Capital, as well as existing investors Capnamic and UVC Partners. This infusion of capital will primarily be used to expand Tanso's offerings into additional countries and enhance its cloud-based solutions for environmental management and compliance automation.
Co-founder and CEO Till Wiechmann emphasized that the funds will help Tanso implement new product modules focused on supply chain, compliance, and risk management, as well as deepen the integration of their AI Copilot feature. Tanso’s platform already serves over 300 companies across 40 countries, helping industrial manufacturers meet stringent environmental regulations.
Bridging the Compliance Gap in Industry
As sustainability pressures grow, European manufacturing sectors are increasingly required to monitor and report their environmental impact under new mandates such as the Corporate Sustainability Reporting Directive (CSRD). This directive stipulates that companies must disclose their sustainability KPIs as part of financial reporting, thus subjecting them to auditor scrutiny and board liability.
AI at the Forefront of Environmental Management
Tanso’s innovative approach leverages AI-driven data management to centralize sustainability efforts, enabling companies to strategize and monitor decarbonization projects. Users can effectively track their progress while benefiting from intelligent recommendations, which helps in cost-reduction and compliance management.
The Future of Sustainability Reporting
With major industries pushing suppliers towards rigorous sustainability practices, Tanso’s rise comes at a critical juncture. Their platform simplifies compliance for manufacturers while allowing them to respond adeptly to rising customer demands for transparency and accountability in an increasingly eco-conscious market.
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