Minviro, a London-UK-based market-leading sustainability consulting, and advisory group, coupled with a powerful SaaS technology platform, closed £2.1 million in funding.
The investment will allow Minviro to expand the delivery of its award-winning software platform and build out capacity to support strategic consultancy services in new markets and industry segments while also driving innovation within the company.
Minviro will expand into key markets, including Asia, Australia, and the Americas, and develop a local operational presence to serve a rapidly growing global client base.
The company’s platform provides life cycle assessment (LCA) and related services for project optimization in the fast-growing energy transition sector spanning from raw materials through mining to processing and downstream value-added sectors.
Dr. Robert Pell, Founder & Chief Executive Officer, said, "I look forward to working with our new investors and unlocking value through the synergies afforded to Minviro as a result of their industry relationships. The need for understanding and managing impact is greater than it has ever been. This investment takes us a big step closer to our vision of a world where all ingredients of modern technology are produced with consideration and minimal effects on the environment."
Company: Minviro Ltd
Funding Month: February 2023
Lead Investors: Undisclosed
Company Website: https://www.minviro.com/
Software Category: Sustainability Solutions
About the Company: Minviro provides environmental services dedicated to quantifying the impacts of raw material extraction, processing, and refining. The company has developed MineLCA: a Software as a Service tool that allows (junior) mining companies, engineering firms, investors, and other stakeholders to quantify the environmental footprint of one or multiple resource project configurations using Life Cycle Assessment. Minviro is headquartered in London and has a team of 20 employees, with key customer wins including the likes of Tesla, Pilbara, Livent, and South32, all of which are Tier One organizations in their respective industry segments.