illuminem Sustainability Raises $2M Round

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)

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First published in StartupItalia. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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