Vaayu Secures $1.6M In Pre-Seed Funding To Develop Their World-Saving Product
07/13/21, 8:03 AM
Location
berlinMoney raised
$1.6 million
Round Type
seed
Vaayu, a real-time carbon footprint tracker for retailers, has raised $1.6 million in pre-seed funding. The company plans to use the investment, which was led by Amsterdam-based female-led VC CapitalT, to support their expansion and product development ahead of moving out of their closed beta phase later this year. Further, the funding was supported by a number of angel investors including Atomico’s Angel Program, Planet Positive LP, Saarbrücker 21, Expedite Ventures and NP-Hard Ventures.
Company Info
Location
berlin, maryland, united states
Additional Info
The investment will enable Vaayu to offer retailers emissions benchmarking against their peers and detail the carbon footprint of individual items, it says. Vaayu was founded during the pandemic by the previous head of sustainability at Zalando, Namrata Sandhu, and software engineer and data scientist CTO, Luca Schmid.