Leo Capital, an early-stage startup capital firm, backed a $3 million fundraising round for the Sprih.
According to the company, the capital will be used to grow the network of partners, hire people to create AI models that address climate-related concerns, and expand sales abroad.
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“We are trying to bring all the climate data in one place…and for that, we are going to keep investing in research and product development,” cofounder and chief executive Akash Keshav told ET.
Their solution simplifies the complex task of measuring, benchmarking, and reporting emissions across various scopes.
Commenting on the investment, Ravi Srivastava, partner at Leo Capital said, “With increasing top-down commitments towards net zero, sustainability is steadily becoming a crucial part of businesses’ growth agenda. However, without any prior framework, most companies struggle to develop a viable path to their sustainability goals.”
About Sprih
Sprih is reshaping corporate environmental sustainability with our advanced SaaS platform, aimed at guiding businesses to carbon neutrality with ease and efficiency.
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