Budapest-based Denxpert has achieved a significant milestone with a €1 million investment led by Sofia Angels Ventures, supported by Obuda Uni Venture Capital. This funding round marks a pivotal moment for the sustainability startup as it aims to scale operations internationally and meet the escalating demand for enhanced EHS & Sustainability and ESG management solutions.
Denxpert, boasting over 15 years of expertise in the Sustainability, Environment, Health & Safety sectors, provides comprehensive consulting services and software solutions. Its client roster includes prestigious names such as MOL, Telekom, Mercedes, E.On, Vantage DC, Rauch, PPF, and Vienna Airport, encompassing over 500 companies globally.
Róbert Szücs-Winkler, CEO of Denxpert, expressed his enthusiasm for the investment, emphasizing its strategic significance amidst evolving regulatory landscapes and heightened corporate responsibility expectations. He highlighted the critical role of Denxpert’s offerings in enabling organizations to navigate complex EHS&S legislations seamlessly.
Sofia Angels Ventures, backed by the European Investment Fund (EIF) for angel and private co-investments, spearheaded this funding initiative. The venture fund, which recently participated in a substantial round for German AI startup Retorio, underscores its commitment to supporting innovative ventures driving sustainable impact.
Joining the investment consortium, Obuda Uni Venture Capital (ÓUVC) marks its maiden investment since inception in 2023. Specializing in deep tech, AI, robotics, and medtech startups, ÓUVC’s participation signifies Denxpert’s potential to leverage advanced technologies in its growth trajectory.
With the impending European Union Corporate Sustainability Reporting Directive (CSRD), Denxpert is poised to fortify its position as a leader in providing transparent sustainability data solutions. This funding infusion will accelerate the startup’s expansion efforts, aiming to enhance global corporate sustainability practices.
The investment not only bolsters Denxpert’s operational capabilities but also reinforces its commitment to driving positive environmental and social impacts. As the sustainability landscape evolves, Denxpert remains dedicated to pioneering innovative solutions that empower businesses to achieve and exceed their ESG goals. Source: Denxpert and EIN Capital
