Impact Investing
illuminem Sustainability Raises $2M Round
Illuminem, a Venetian startup founded by Andrea Gori, secured €2 million in funding from international venture capital firms and climate leaders. Valued at €12 million, Illuminem uses AI to find valuable climate content, helps sustainability solution providers grow, and monitors ESG performance. The company has a vast network of climate experts and won second place in a Community Award.
![illuminem](https://born2invest.com/wp-content/uploads/2024/07/chris-leboutillier-TUJud0AWAPI-unsplash-e1721379806799.jpg)
Illuminem, a Venetian startup founded by Andrea Gori that helps sustainability solutions providers grow, has closed a €2 million round. The funding was led by international venture capital firms such as BlackWood (Denmark), Fortino Capital (Belgium), Genesis Venture (Greece), Sustainable Impact (Dubai), Eden Ventures (Italy), Spin Ventures (UK) and Techstars (USA).
illuminem round also included leading figures in the climate field such as the CEOs/CSOs of South Pole (Switzerland), Vestas (Denmark), Tikehau Capital (France), BCG (USA), Carbonsink (Italy), Magaldi (Italy), and TAQA (UAE) and founders of startups such as Iubenda and Volteris, as well as the first Climate Minister of the Americas (Minister of Environment of Argentina).
What does illuminem do?
Now, according to illuminem, the startup is valued at 12 million euros and moves along 3 lines : with the use of artificial intelligence it is able to constantly sift through the web, looking for valuable content on the topic of climate change, with the first Sustainability Sales Navigator it helps suppliers of sustainability solutions to grow, and allows you to monitor and compare the ESG performance of public and private companies.
illuminem has developed a large network that revolves around the topic of climate change and is made up of experts, technicians, analysts, professors, economists, scientists, partners . Andrea Gori’s reality won second place during the first edition of our Community Award.
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(Featured image by Chris LeBoutillier via Unsplash)
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in StartupItalia. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us
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