Tanso secures a significant funding of 12 million euros
Tanso Raises €12 Million for Expansion and New Product Development
Munich-based startup Tanso, a pioneer in environmental management and compliance automation, has successfully completed a Series A financing round, securing twelve million euros. This new funding will enable Tanso to expand its team, enter new markets, and develop new software modules for its platform.
The Series A financing round was led by international venture capital firms HenQ and Fortino Capital, with participation from existing investors Capnamic and UVC Partners. This fresh capital will be instrumental in supporting Tanso's growth and development plans.
Tanso's primary focus is on industrial manufacturing companies under pressure to collect, report, and audit sustainability key performance indicators (KPIs) due to increasing regulatory requirements. With more than 300 companies in over 40 countries already adopting Tanso's software solution, the startup aims to expand its team from 55 to over 100 employees.
The expansion will allow Tanso to enter additional European markets and other countries, positioning itself as a key player in the growing ESG tech market. The market is expanding rapidly due to increasing demands from major customers in various industries, such as automotive, chemical, and food, for transparent decarbonization measures and regular reporting.
Tanso's software solution includes an integrated platform for carbon accounting and ESG data management. It enables structured recording, precise calculation, and targeted optimization of sustainability metrics, with AI-supported data management and automated action recommendations. This solution helps companies comply with increasingly stringent EU sustainability reporting mandates, such as the Corporate Sustainability Reporting Directive (CSRD), and meet growing demands from large buyers for transparency on environmental and decarbonization efforts along supply chains.
The expansion and new product development effort will position Tanso to better support industrial clients in reducing compliance costs and fulfilling legal obligations while strengthening their competitive edge through sustainability performance. Tanso plans to develop additional product modules, focusing on supply chain, compliance, and risk management solutions.
Notable companies that have adopted Tanso's solution include Kärcher, Duravit, the Paulaner Group, and Goldbeck. As Tanso continues to grow, it will undoubtedly play a significant role in helping industries meet their sustainability goals and contribute to a greener future.
- The new funding for Tanso, a leader in environmental management and compliance automation, will be used to develop software modules in the area of climate-change and finance, aiding industrial clients in reducing compliance costs while meeting their sustainability goals and regulatory requirements.
- With the increase in regulatory demands from major industries like automotive, chemical, and food, Tanso's expansion and new product development will focus on advancing technology in environmental-science, particularly in supply chain, compliance, and risk management solutions, positioning itself as a key player in the growing ESG tech market.
- The successful Series A financing round for Tanso, led by venture capital firms HenQ and Fortino Capital, will facilitate the startup's entry into new markets and its growth and development plans, contributing towards a greener future by providing industry with sustainable science and technology-driven solutions.
