- Last modified: October 1, 2024
Berlin-based AI startup Briink, focused on helping ESG (Environmental, Social, and Governance) and sustainability teams, has raised €3.85M in a seed funding round. The investment was co-led by EquityPitcher Ventures and 13books Capital, with additional support from existing investors, including Merantix and seed + speed Ventures.
Briink develops AI tools for ESG professionals, enabling efficient and accurate data processing to meet tightening regulations. These AI agents help teams collect, verify, and audit ESG data, a growing challenge as transparency requirements increase.
The funding will allow Briink to further develop its AI technology, enhancing its ability to support companies in navigating the complexities of ESG compliance. Spencer Lake, Partner at 13books Capital, praised Briink for its role in driving transparency and ensuring regulatory compliance for corporates and their supply chains.
Briink’s CEO, Tomas van der Heijden, noted that ESG teams face significant challenges in auditing large volumes of data, emphasizing the critical role of accurate, high-quality data in combating greenwashing and ensuring a successful climate transition.
Featured image: Credit: Briink