Funding

Karomia funding news – Ghent-based Karomia Raises €2Million in Funding

Feb 24, 2025 | By Kailee Rainse

Karomia funding news - Ghent-based Karomia Raises €2Million in Funding

Karomia, an AI-driven sustainability reporting platform based in Ghent, has raised €2M in funding from Entourage, imec.istart Future Fund, and imec.istart Fund. The company will use the funds to improve its platform and make CSRD compliance easier for companies of all sizes, including small businesses following the VSME standard.

SUMMARY

  • Karomia, an AI-driven sustainability reporting platform based in Ghent, has raised €2M in funding from Entourage, imec.istart Future Fund, and imec.istart Fund.
  • Founded in 2024 and led by Luc Machiels, Karomia automates the ESG reporting process using AI.

In addition to simplifying reporting, Karomia plans to expand its services to help businesses create strong sustainability strategies. CSRD compliance can be complex and time-consuming, especially with changing regulations.

Simon Hiel, CTO of Karomia said, “Our clients are often surprised to discover they already have much more CSRD information than they initially thought – it just needs to be extracted and organised,”.

Jens Verhiest, COO of Karomia, explains, “ESG reporting doesn’t have to be complex in the age of AI. Our customers focus on what matters: prioritizing and executing their sustainability initiatives, while Karomia’s knowledge machine eliminates the bureaucracy of report writing.”

Luc Machiels, CEO of Karomia, explains,“It’s a fact of business: companies that prioritise sustainable practices and stay transparent are more competitive. Karomia delivers the technology that creates that transparency – without the bureaucracy.”

About Karomia

Founded in 2024 and led by Luc Machiels, Karomia automates the ESG reporting process using AI. It analyzes company data, fills out reports, and flags missing information. The platform helps manage large data sets and assess sustainability impacts across the entire value chain.

By simplifying compliance, Karomia helps businesses go beyond just meeting regulations to make a real, lasting impact on sustainability.

Recommended Stories for You