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Emidat raised €4M in seed funding led by General Catalyst to simplify construction emission management.

Oct 29, 2024about 1 year ago

Amount Raised

€4 Million

Round Type

seed

MunichConstructionSoftware

Investors

General Catalyst

Description

Emidat has secured €4 million in seed funding to enhance its environmental data solutions for the construction industry. The investment, led by General Catalyst, will facilitate product development and team growth, aiding the sector in reducing its environmental footprint.

Company Information

Company

Emidat

Location

Munich, Bavaria, Germany

About

Emidat is a Munich-based company founded in 2023 that provides environmental data solutions for the construction industry. The company's software simplifies the process of creating Environmental Product Declarations (EPDs), significantly reducing the cost and time required. By consolidating environmental data for over 150,000 products, Emidat helps manufacturers and stakeholders access and compare vital sustainability information. Its mission is to support the decarbonization of the construction sector and foster a more sustainable built environment.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers