Tanso receives €1.6 million pre-seed funding to enable a climate-neutral economy

€1.6 million pre-seed financing for Climatetech startup Tanso

• Tanso is a newly founded start-up that develops a holistic software solution for managing sustainability data in industrial companies
• The team has received pre-seed financing of €1.6 million, led by UVC Partners, with participation from Picus Capital, Possible Ventures and leading business angels
• With the financing, Tanso plans to expand its teams in the areas of product, software development and data science in Munich

Tanso Technologies, The Munich-based ClimateTech startup, announces the completion of its €1.6 million pre-seed financing. The financing round is led by UVC Partners, a leading B2B technology investor with a focus on enterprise software, with further participation from Picus Capital, Possible Ventures (formerly Inventures) and leading business angels.

With the IPCC report, which declares a “red alert” for humanity, sustainability is no longer a “nice-to-have.” Companies in all sectors are exposed to increasing pressure from the public, regulators and players in their supply chains. Sustainability is thus placed at the center of strategic corporate decisions and is highly relevant at board level. The scarcity of natural resources, increasing infrastructure and supply chain risks, and newly introduced emission limits require companies to make fundamental changes in order to remain competitive in the future. The European Green Deal alone forces over 60,000 companies to publish their ESG data (environmental, social, governance) in their annual financial statements — both for their own organization and for the entire supply chain.

Tanso has set itself the goal of tackling the most elementary problem of sustainability management: ensuring data availability as a first step in the complex process of calculating and reporting environmental impacts from the production of physical goods. By focusing on a software product for manufacturing companies, the start-up is helping one of the most emitting and at the same time severely neglected industries achieve climate neutrality. This enables companies to collect sustainability data accurately, derive clear measures and create real economic added value through data-driven decision-making processes.

The founders met while studying at the University of Mannheim, the Center for Digital Management and Technology (CDTM) at TU Munich and at ETH Zurich, where they had already worked on calculating and evaluating the climate impacts of organizations.

“With Tanso, we want to use the combination of data paired with machine learning and AI to help industrial companies manage the transition to a low-carbon economy and the increasing obligations of transparency and auditability,” says co-founder and CTO Gyri Reiersen, who used deep learning to research the overvaluation of CO₂ certificates and carbon credits. Here, she is working with renowned AI professor Xiaoxiang Zhu at TU Munich, in collaboration with ETH Zurich and the Massachusetts Institute of Technology (MIT).

Fabian Sinn, co-founder, adds: “The central mission of our company is to remove the structural barriers that prevent companies from achieving climate neutrality. We are supported by leading experts and advisors from the areas of ESG, (carbon) accounting and regulation, which enables us to address climate change correctly with appropriate expertise. The financing will enable us to significantly expand our product and software development teams in the coming year. To this end, we are looking for the best talents who want to make a key contribution to climate protection and a low-carbon economy with technology.”

Investor votes:

“We are impressed by the founders and their vision of making a positive contribution to climate protection through technology. We are proud to lead Tanso's pre-seed financing round and look forward to helping the team become a global market leader in sustainability accounting for industrial companies,” says Alexander Kiltz, Principal at UVC Partners.

Robin Godenrath, Founding Partner and Managing Director at Picus Capital, adds: “We are convinced that each of our portfolio companies should make a positive contribution to society and Tanso is doing just that. We look forward to working with Tanso and helping them take the next step in sustainability accounting with an end-to-end solution.”

About Tanso Technologies

Tanso Technologies was founded in 2021 and enables industrial companies to actively contribute to a low-carbon economy. The Munich-based startup has set itself the goal of making sustainability accounting as transparent, integrated and comprehensible as financial accounting. Tanso's holistic platform for sustainability management enables industrial companies to actively use their data to take positive climate protection measures and create measurable added value for the company. You can find more information about Tanso here: www.tanso.de

Career at Tanso: https://www.tanso.de/careers/

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Press contact

Till Wiechmann

Co-Founder and CEO
till.wiechmann@tanso.de

About UVC Partners

UVC Partners is an early-stage venture capital company based in Munich and Berlin, which invests specifically in technology-based startups in the areas of enterprise software, industrial technologies and mobility. €0.5 — 5 million are invested per investment round and a total of up to €20 million in successful investments. Portfolio companies benefit from the management team's extensive investment and exit experience as well as from a unique corporate network that UVC Partners uses for its portfolio companies. For more information, visit www.uvcpartners.com.

About Picus Capital

Picus Capital is an international, privately financed venture capital firm with headquarters in Munich and offices in New York, Berlin, London and Beijing. Picus primarily invests in pre-seed, seed and series A rounds and focuses on technology companies in the real estate, finance and insurance, HR, renewable energy, mobility, e-commerce and healthcare industries. As an entrepreneurial sparring partner, Picus pursues a long-term investment philosophy and supports founders from the ideation phase to the IPO and beyond. For more information, visit www.picuscap.com and LinkedIn www.linkedin.com/company/picus-capital.

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