Frankfurt-based startup leonardo. impact recently secured a €555K pre-seed funding injection. The round was orchestrated by Beteiligungs-Managementgesellschaft Hessen (BMH), a prominent local Hessen investor. Eight mission-driven business Angels also supported this German startup. The capital amassed aims to speed up leonardo’s drive to revolutionise sustainability reporting with its AI-driven software.
Pioneering sustainability impact
Leonardo, a brainchild of Jasper Klemm, Jan Moellmann, and Samuel Khew, originated as a spin-off from TU Munich in 2022. It stands out as a software firm devoted to helping organisations and their capital providers gauge, verify, and report sustainability impacts, abiding by globally recognised standards.
Unlike typical ESG solutions, leonardo delves into the profound effects organisations have on society and the environment. There are genuine impact measurements within reach for businesses. Thanks to these measurements the sustainability sector can efficiently channel resources to the most influential products and services. This innovation is made possible by merging scientific criteria with user-friendly software, enhanced by AI-supported impact verification.
CEO Jan Moellmann emphasised the need for robust technology. “We need to develop better and easier-to-use technology built upon scientific standards so that sustainability data can be trusted again,” he remarked.
The investor: BMH
BMH Beteiligungs-Managementgesellschaft Hessen operates as a full subsidiary of Landesbank Hessen-Thüringen Girozentrale (Helaba). Engaged in Hesse’s economic progress via the Wirtschafts- und Infrastrukturbank Hessen (WIBank), BMH bridges the gap between public investment aspirations and funding tools for budding, rapidly expanding, and established firms in Hesse.
We are very happy about the team of vision-aligned and experienced investors. It underscores the importance of impact measurement in today’s challenging market
Stephan Groß, BMH
Boasting management of seven investment funds, amassing approximately €125M, BMH has extended its investment arm to over 500 enterprises since its establishment. Investment focal points span from software & IT, life sciences, and mechanical sciences to industrial goods, professional services, and e-commerce sectors.
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