Esgrid Secures €500,000 in Pre-Seed Round

by Kay Aloha Villamor in May 30th, 2024

Esgrid, a Talinn, Estonia-based startup that provides value chain sustainability management solutions, secured €500,000 in pre-seed funding.  


The funding was from various investors, including Lemonade Stand, EstBAN, Startup Wise Guys, and Little Green Fund with notable participation from key former employees of Wise, including Alvar Lumberg, Kairi Pauskar, and the founders of Klaus, Kair Käsper, and Martin Kõiva.

About Esgrid   

Founded in 2023, Esgrid provides value-chain sustainability management solutions for medium-sized enterprises and financial institutions. They leverage AI to help businesses assess and improve their sustainability impact, ensuring compliance with ESG standards. To date, Esgrid has signed enterprise customers such as Ibis Hotel, Nordic Milk, and Utilitas and financial sector companies like Specialist VC and Fjord Bank.  

Funding Details                                 

Company: Esgrid Technologies OÜ  

Raised: €500K                          

Round: Pre-Seed Round  

Funding Month: May 2024                           

Investors: Lemonade Stand, EstBAN, Startup Wise Guys, Little Green Fund, Alvar Lumberg, Kairi Pauskar, Kair Käsper, Martin Kõiva  

Company Website:  

Software Category: Value Chain Sustainability Management  


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