forward earth secures 4.5 million euros in seed financing

The company plans to use AI to drive the decarbonization of global supply chains and establish itself in the USA and Asia.

Berlin, October 9, 2024 - Berlin-based startup forward earth, a leading provider of AI-powered environmental management solutions, has secured €4.5 million in a seed funding round. The round was led by Mosaic Ventures, with participation from other investors such as Speedinvest, Revent and well-known angel investors. The fresh capital will be used to scale operations, support expansion into the USA and prepare for entry into the Asian market.

Growing demand for AI-supported environmental management solutions

Before the introduction of forward earth's AI-based software, CO2 management was a complex and difficult to scale task. By seamlessly integrating with existing compliance and supply chain platforms, forward earth simplifies this process significantly. In the last three months, the company has gained several partners and is close to signing further contracts.

We are experiencing exceptionally high global demand and are rapidly scaling our operations. With Mosaic Ventures as a partner, we are strengthening our European presence and accelerating our expansion into the US.

Micha Schildmann, co-founder and CEO of forward earth

Revolutionizing environmental management through AI

forward earth offers companies an integrated solution to meet growing environmental regulations. The company's flagship product enables companies to reduce their carbon footprint, comply with legal regulations and achieve sustainability goals. Companies in the EU, the UK and the US in particular are under pressure to make their environmental impact transparent. forward earth offers state-of-the-art solutions for corporate carbon footprints, product carbon footprints, CBAM and other environmental KPIs.

Expansion into the USA and focus on Asia

The expansion into the US market marks an important step for forward earth. The additional funding and partnership with Mosaic Ventures will enable the establishment of a US subsidiary, which will start operations in the coming weeks. This expansion is critical as American companies must increasingly respond to stringent environmental regulations.

People alone cannot solve the decarbonization challenge at the scale required. Micha and his team have developed a unique AI approach that can transform global supply chains.

Chandar Lal from Mosaic Ventures

In addition to the US expansion, forward earth is planning to enter the Asian market in the near future, as companies there are also subject to stricter sustainability requirements.

forward earth

forward earth was founded by Cari Davidson, Giuseppe Gentile and Micha Schildmann and focuses on environmental management with AI-supported software. By integrating with existing enterprise software, forward earth helps companies comply with environmental regulations, reduce their environmental footprint and promote sustainable business practices. The company is expanding rapidly, with offices planned in Europe, the US and Asia. We last reported on a successful €3.2 million round in June 2024.