Sunhat raises €9.2 Million Series A to solve the “Proof Gap” for Enterprises
Sunhat, the startup helping the enterprise automatically validate and share ESG and vital non-financial data,today announced €9.2 million in Series A funding. The round was led by CommerzVentures, with participation from existing investors Capnamic, EnBW New Ventures, xdeck, and WEPA Ventures. Founded in Germany, Sunhat’s AI platform helps companies like EnBW, Ingredion, Grundfos and Geberit turn ESG and compliance data into instant, verified, ready-to-send proof for customers, investors, lenders, and regulators. Recent research shows us employees spend an average of 360 hours every year searching fordocumentation (OBRIZUM), while half of digital workers say they cannot easily locate what they need to do their jobs (Gartner). These search issues faced by teams are being further exacerbated as sustainability reporting and compliance becomes the norm in more and more regions. The investment will enable Sunhat to:...