Tanso's recent €4 million seed financing round was led by Cologne-based investor Capnamic. Existing investors such as UVC Partners are also expanding their investments.
The Munich-based company enables companies to determine their carbon footprint. Tanso is thus operating in a rapidly growing market: Until now, only large corporations were subject to CO2 emissions reporting requirements. Starting in 2025, however, every company with an annual turnover of over €40 million, a balance sheet total of €20 million, or more than 250 employees will be required to calculate and publish its carbon footprint as part of its regular annual reporting.
Alexander Kiltz, Principal at UVC Partners, says:
"Through initiatives such as the EU Corporate Sustainability Reporting Directive (CSRD), we see increasing industry demand for solutions like Tanso's. Medium-sized companies, in particular, with limited resources in sustainability, benefit from the Climate Intelligence Suite to comply with reporting obligations and position themselves more sustainably. We are enthusiastic about the entrepreneurial development of the founding team and look forward to supporting the company on its continued growth path."
Tanso: “We must think holistically about decarbonization”
Tanso was founded in 2021 by Gyri Reiersen, Till Wiechmann and Lorenz Hetzel. In October of the same year, the startup secured a Pre-seed financing of 1.6 million euros by UVC Partners, Picus Capital, and Possible Ventures. The team now has around 20 employees.
Gyri Reiersen, Co-founder and CPO at Tanso, says:
"We need to think holistically about decarbonization, with carbon accounting at the company and product level—this is the only way we can achieve our goals. Competitive advantages through emission reduction, e.g., by switching energy sources or suppliers, can only be achieved if you can prove that your own products are better than alternatives."
