BeCause secures $1.9M funding for sustainability information play

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Sustainability know-how startup BeCause Solutions has landed $1.9 million in seed funding.

The funding within the Denmark-based firm was collectively led by Ugly Duckling Ventures and Superangel.io.

The funding, which comes on prime of $450,000 in angel funding introduced earlier this 12 months, will likely be put in direction of additional development.

BeCause helps accommodations and journey manufacturers cut back the price of managing sustainability information by way of its synthetic intelligence-powered platform.

Andreas Inexperienced Rasmussen, basic companion at Ugly Duckling, mentioned, “We’re very enthusiastic about BeCause’s capacity to enhance sustainability information assortment and reporting for the hospitality and journey industries. It is a huge addressable market, which so far has lacked a purpose-built resolution with the analytical capabilities to assist gamers supercharge their optimistic influence on the folks, planet and earnings.”

Kart Siilats, enterprise companion at Superangel.io, added, “We got here in as a co-lead on this fundraising as a result of we imagine within the energy of BeCause to extend licensed sustainability and reduce greenwashing within the lodging sector. We’re additionally very impressed by how briskly the group has constructed a product that a number of the world’s greatest manufacturers are comfy utilizing.”

BeCause not too long ago signed partnerships for its information resolution with Reserving.com and easyJet. Frederik Steensgaard, co-founder and CEO of BeCause, mentioned, “Although we’re simply starting our journey, the truth that we’ve signed a number of the greatest names in journey and are greater than something preoccupied with dealing with continuous demand displays the urgent want for an answer like BeCause.”

He added that the funding may also allow the startup to handle demand from different segments of the journey business, together with company journey and locations.

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