forward earth funding news – Berlin-based forward earth Secures €3.2 Million in Funding

The funding will help the company to enhance its AI-powered technology and expand across North America, Europe, and Asia. The round was led by Speedinvest, one of Europe’s leading early-stage investors, along with Revent, Lucid Capital, the EU, and serial entrepreneurs Anna Alex and Benedikt Franke.

In addition to the €2 million pre-seed funding from private investors, forward earth has also raised €1.2 million in funding from the European Union (EFRE) in recognition of the importance of the company’s technology in addressing environmental challenges within global supply chains and thus helping businesses to meet newest EU standards.

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Environmental data is becoming a crucial element of compliance and supply chain management, and a holistic view across all aspects is critical for companies. forward earth’s AI-powered environmental management tool integrates into existing software providers to help businesses generate all necessary environmental data inside of their existing business software for compliance, risk, or supply chain management.

Dr. Micha Schildmann, founder and CEO of forward earth said, “Decarbonization has become a crucial regulatory requirement for businesses globally, yet the vast majority of companies still do not have clear visibility into their environmental impact, especially deeper down the supply chain. We have built a product that empowers businesses worldwide to become sustainable and compliant with little effort and cost. By embedding our AI-automated environmental management software into our partners’ software, we will support hundreds of thousands of businesses with a critical part of their reporting lifecycle as they embark on their decarbonization journey in the years to come.”

Speedinvest Partner, Fred Hagenauer said, “Micha and the rest of the team bring an absolutely unique wealth of experience from our former portfolio company, Planetly, to tackle a still unsolved problem. forward earth’s product will unlock detailed carbon and environmental data for anyone offering ESG, GRC, or supply chain intelligence globally,”.

About forward earth

forward earth is a Berlin-based startup dedicated to revolutionizing environmental management through AI-powered software solutions. Founded by industry experts, the company aims to empower businesses worldwide to embrace sustainability and drive towards a greener future by providing cutting-edge environmental management tools.