Metrikflow, a start-up that has developed an all-in-one ESG platform for the industrial sector, recently closed a pre-seed round of €565,000 and officially launched what it has defined as the AI-powered Sustainability and Compliance Operating System: an end-to-end software suite that digitises, automates and simplifies carbon footprint reporting, ESG reporting in line with CSRD and IFRS, product life cycle assessments (LCA) and ESG assessment of suppliers.
The capital increase has been subscribed by the Magic Mind accelerator, owned by Zest and Fondazione Compagnia di San Paolo, and by Apside, a joint venture between Zest and Intesa Sanpaolo, as well as by European business angels active in the climate tech and SaaS sectors.
The Metrikflow platform supports the entire compliance and sustainability process for businesses through the use of artificial intelligence: from calculating companies’ carbon footprints to ESG indicators, from reporting the emissions required to manufacture a given product to analysing the entire production and supply chain, to suggesting actions to take to reduce its impact. The company’s mission is to enable 10,000 businesses to future-proof their operations and decarbonise by 2030.
The industrial sector is responsible for approximately 30% of global carbon emissions, but over 80% of companies still do not measure the impact of their supply chain. Metrikflow bridges this gap with a unique platform that enables organisations to collect data from ERP systems, sensors and suppliers, analyse Scope 1-3 emissions, report in accordance with ESG regulations such as CSRD, CBAM and future global regulations, and reduce their impact through AI-driven automated recommendations.
“Regulatory pressure may encounter resistance, but the expectations of investors, customers and international markets continue to grow,” said Alessandro Nora, CEO and founder of Metrikflow, in a statement. “We created Metrikflow so that large and small companies alike can eliminate the daily grind of compliance, leveraging the most advanced AI to make sustainability simple and integrated.”
Metrikflow is a concrete example of how artificial intelligence can enable new solutions to address complex challenges such as ESG compliance and decarbonisation, with a scalable, industry-oriented approach. With the entry into force of the CSRD and the gradual extension of reporting obligations to the European business community, there is a growing urgency for companies to equip themselves with digital tools capable of transforming data into a competitive advantage. Metrikflow promptly identifies this need and helps companies prepare for new market and regulatory requirements,” says Gabriele Ronchini, CEO of Zest Investments and vice-chairman of the Apside Investment Committee.
With over 50 active clients, including companies such as Comau, Balocco, Yokohama, Macron and Syngenta Biologicals, Metrikflow aims to become the strategic ally for decarbonisation and ESG compliance. The start-up, founded at the end of 2022 by Alessandro Nora, Mehdi Rachico and Andrea Gobbo, aims to support over 200 companies in the next two years, thanks to a SaaS platform that automates the most burdensome ESG reporting processes, transforming complex data into concrete actions. Born from Nora’s intuition in Berlin, after his experience in sustainable fashion, the start-up has grown around the idea of making sustainability measurable and accessible throughout the industrial supply chain. In a context where pressure to measure Scope 3 emissions is growing globally, well beyond regulatory requirements, Metrikflow offers a ready, scalable and international technological response to help companies remain competitive in the sustainable transition. (photo by Mert Guller on Unsplash)
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