Swedish startup Improvin’ is on a mission to improve the sustainability outlook for the agri-food sector. The company just secured €3.5 million for its sustainability performance platform and now plans to expand across Europe.
The agri-food industry is responsible for an immense amount of carbon emissions and it s one sector that has been hit with increasing pressure to become more sustainable and planet-positive. Within the sector, 70% of emissions are reported to originate from primary production, an area where most agriculture and food companies lack visibility,y and therefore lack the insights to make a difference.
Swedish startup Improvin’ is on a mission to change this. The company has developed an innovative sustainable performance platform to make food production more environmentally friendly. The startup has just closed a €3.5 million seed financing round.
The round was led by Pale blue dot and Dynamo Ventures with participation from FoodBridge and PINC. Existing investors include LRF Ventures and Atomico Angel Programme.
Niklas Wallsargård, the CEO and Founder of Improvin: “We are supporting food brands such as Oatly and processors like AAK, the leading global producer of plant-based oils, in their mission of becoming more sustainable by giving them tools to reduce emissions and boost biodiversity in their own supply chains, down to the field-level”
Joel Larsson, Co-founder and General Partner at Pale blue dot: “We believe Improvin’s tailored approach to solving one of the agri-food industry’s hardest problems, producing more food more sustainably, is unique. We are proud to support the company on its journey to help agri-food businesses worldwide become more sustainable”
Founded in 2022, Improvin’ aims to accelerate the transition to sustainable agriculture, making the future of farming and food defined by more clarity, consciousness and measurability.
Improvin’ offers a sustainability performance platform which is used by food brands, processors and mills to quantify, verify and report emissions from their primary production and collaborate with their suppliers to reduce emissions and enhance biodiversity.. leveraging digital infrastructure, the platform enables agrifood businesses to incorporate sustainability into their existing sourcing processes while meeting regulatory standards for reporting with primary data.
With this new funding, the plan is to fuel the development and expansion of the software as well as roll out the platform in Germany, Belgium, France and the Netherlands together with Improvin’s new and existing customers.
Niklas Wallsargård: “We’re thrilled about the unique combination of expertise we’re bringing in with this investment. Pale blue dot’s climate tech experience and Dynamo Ventures’ supply chain know-how combined with the food industry knowledge from both PINC and FoodBridge will fuel our expansion across Europe, starting from Germany, Belgium, France and the Netherlands”
Jon Bradford, Co-founder and Managing Partner at Dynamo Ventures: “Improvin’s deep integration into the agri-food supply chains provides a granular understanding of emissions and a unique insight into reducing emissions and boosting biodiversity. We’re excited to be part of this journey and looking forward to supporting Improvin’ scale globally”
