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COINTURK FINANCE > Business > Tanso Secures €12M to Boost Climate Intelligence Software
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Tanso Secures €12M to Boost Climate Intelligence Software

Overview

  • Tanso Technologies secures €12M to expand its climate intelligence software.

  • New EU regulations drive demand for environmental and compliance tools.

  • Tanso’s software aids manufacturing firms in meeting sustainability targets.

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COINTURK FINANCE 2 months ago
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Munich-based Tanso Technologies, known for its climate intelligence software for manufacturing industries, has successfully raised €12 million in Series A funding. The financing round was spearheaded by international venture capital firms, henQ and Fortino Capital, with continued support from earlier investors such as Capnamic and UVC Partners. This fresh capital injection is set to accelerate the company’s expansion, doubling its workforce and enabling entry into new international markets while enhancing its software suite. These strategic moves are in response to a growing demand for efficient environmental and compliance management solutions in industrial processes.

Contents
The Need for Advanced Compliance Solutions?Why is Tanso’s Solution Effective?

Tanso and its offerings have come into focus amid an increasing regulatory focus on sustainability in Europe. The introduction of regulations like the Corporate Sustainability Reporting Directive within the EU highlights the need for companies to integrate environmental and governance metrics into their financial disclosures. This elevates the urgency for businesses to adopt comprehensive compliance and sustainability solutions. In the initial phases post-launch in 2021, Tanso quickly caught attention by tailoring its solutions for mid-sized industrial firms, providing a compliance-easing toolkit backed by AI-powered management functions.

The Need for Advanced Compliance Solutions?

Manufacturers are now under intense scrutiny to address environmental and regulatory obligations more rigorously. The pressing need stems from EU mandates, which require corporations to account for their sustainability impacts. These parameters, extending beyond carbon footprints to include various social, environmental, and governance factors, compel companies to revamp their reporting mechanisms and enhance transparency.

The pervasive impact of these policies is evident, as large sectors such as automotive and chemicals push their supply chains towards cleaner operations. For many companies, meeting these expectations is not merely a regulatory exercise but crucial for maintaining competitive standing in international markets.

Why is Tanso’s Solution Effective?

Developed by founders Till Wiechmann, Gyri Reiersen, and Lorenz Hetzel, Tanso’s software is designed to centralize and streamline sustainability and compliance management for industrial operators. The platform stands out for its capability to aggregate and rationalize data-driven environmental strategies. By embedding AI in its operations, the software aids firms in calculating and optimizing their ecological indicators effectively, reducing compliance overheads.

Tanso’s spokesperson noted, “Our solution offers a unique blend of structured data collection and actionable insights.”

The platform ensures adherence to frameworks like CSRD, VSME, GHG, and ISO 14064, vital for industrial players today. Currently utilized by over 300 companies across 40 countries, including notable names like Kärcher and Goldbeck, Tanso’s tools are becoming indispensable in steering these organizations towards sustainable futures.

Historically, the focus has been towards rapid industrial evolution, but increasing regulatory requirements led to Tanso’s rise. As sustainability transitioned from a voluntary ambition to a business necessity, Tanso’s solutions have been pivotal, merging environmental stewardship with profitability initiatives across various sectors.

In a statement, a company representative said, “With expanded investment, we aim for broader global impact.”

Tanso Technologies is poised to further cement its position as a facilitator of climate intelligence and compliance automation. In today’s business environment, complexities in sustainability reporting demand robust technological intervention, and Tanso’s platform effectively addresses these challenges by enhancing transparency and operational efficacy in industrial processes. For companies striving to meet sustainability benchmarks alongside regulatory requirements, adopting advanced solutions like those from Tanso could translate into more efficient compliance management and an improved market stance.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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