Finland

[Funding alert] Helsinki-based Climate Tech Startup Kausal Raises €880k in Seed Funding

Oct 31, 2023 | By Startup Rise EU

Climate tech startup Kausal, based in Helsinki, has raised €880k in seed capital from a group of investors that includes Zubi Capital, a Spanish impact fund, and Innovestor. The company offers software-as-a-service (SaaS) project management platforms to local governments, enabling them to effectively plan, organise, and monitor initiatives related to sustainability.
Sonja-Maria Ignatius - CEO (Left) , Joonas Pekkanen - Chief Business Officer of Kausal

Climate tech startup Kausal, based in Helsinki, has raised €880k in seed funding from a group of investors that includes Zubi Capital, a Spanish impact fund, and Innovestor. The company offers software-as-a-service (SaaS) project management platforms to local governments, enabling them to effectively plan, organise, and monitor initiatives related to sustainability.

City administrations have an important impact on residents' ability to live sustainable lives since they are in charge of creating infrastructure and providing a wide range of services, including garbage collection and education.

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But municipal administrations are usually quite compartmentalised, and poor internal communication frequently occurs in departments operating in isolation from one another. By assisting local governments and people in taking steps towards a more environmentally friendly future, Kausal hopes to change this.

Sonja-Maria Ignatius, CEO and co-founder of Kausal said,“The concept of open and close-to-real-time tracking and communication of public sustainability projects is still revolutionary, even though it shouldn’t be. We want to bring everyone involved to the same page for accountable, effective and data-based decision-making. Our new investors and partners have seen how city governments desperately need new tools to track their sustainability progress. Since starting up, sustainability has risen higher and higher in city governments’ agendas, fuelled by the demands of their citizens for action,”.

With the DACH region and North America, Kausal noticed a big need for increased efficiency in public sustainability activities, and the initial financing will help them expand their sales and marketing efforts in these markets.

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Additionally, Kausal will improve its platform to facilitate decision-making by offering impact assessments on different policy actions and making it easier for governments and towns of all sizes to use.

Myron Seto, Partner at Innovestor said, “Our investment in Kausal underlines Innovestor’s dedication to a sustainable future. Kausal’s diverse clientele, spanning cities and governments worldwide, actively strives to reduce carbon emissions and enhance climate resilience. Kausal’s platform not only aids its clients in achieving their climate objectives but also has the potential to support a wider range of sustainability goals. The team’s already impressive achievements represent merely the initial phase of the journey as they scale into new markets,”.

About Kausal

The Kausal Watch web publishing platform collects all the information about the climate mitigation measures your city is implementing. It supports the move of your city from retrospective reporting to real-time tracking.

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Kausal Watch collects every relevant information in one location and is useful for both internal and external communication. Effective management of climate strategy is made feasible by the creation of a shared situation overview of climate actions and emissions. Kausal provides training, ongoing maintenance, and platform setup.

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