Improvin' secures €3.5 Million seed investment to drive emission reductions and sustainability in the agri-food industry. —
Summary
None The platform will be rolled out in Germany, Belgium, France and the Netherlands together with Improvins new and existing customers.The round was led by the climate tech fund, Pale blue dot, and the US-based, supply chain focused VC Dynamo Ventures, with participation from FoodBridge, Axel Johnsons common group platform for investments in early-stage foodtech start-ups and PINC, the venture arm of Paulig.More than 70% of the agri-food industrys emissions originate from primary production; an area where most agriculture and food companies lack visibility. To solve this, Improvin has developed a sustainability performance platform that allows agri-food companies to measure and reduce emissions in their primary production and improve biodiversity together with their suppliers.We are supporting food brands such as Oatly and processors like AAK, the leading global producer of plant-based oils, in their mission of becoming more sustainable by giving them tools to reduce emissions and boost biodiversity in their own supply chains, down to the field-level", explains Niklas Wallsarg\xe5rd, the CEO and Founder of Improvin.Were thrilled about the unique combination of expertise were bringing in with this investment. Pale blue dots climate tech experience and Dynamo Ventures supply chain know-how combined with the food industry knowledge from both PINC and FoodBridge will fuel our expansion across Europe, starting from Germany, Belgium, France and the Netherlands, Wallsarg\xe5rd adds. "We believe Improvins tailored approach to solving one of the agri-food industrys hardest problems, producing more food more sustainably, is unique, says Joel Larsson, Co-founder and General Partner at Pale blue dot. Founded in 2016, Dynamo leverages its deep domain expertise to support founders with hands-on and practical experience in product and strategy, sales, and talent development.About FoodBridgeFoodBridge was launched in 2022 with the aim of promoting collaboration and innovation across the entire value chain to accelerate sustainable change in our food system.