Esgrid secures pre-seed funding for value chain sustainability tools

Esgrid secured pre-seed funding to develop sustainability tools for the value chain.

Esgrid has created the SaaS platform, which makes the process of collecting ESG (sustainable and responsible approach to environmental, social and governance aspects) data smoother, while also providing practical recommendations and advice to help companies further accelerate their sustainability journey and green transition. Esgrid’s service will significantly reduce the burden of data collection and legislative analysis for companies.

Last year, COBALT started working with Esgrid as an investor and partner in the company. We have assisted Esgrid with analysis of EU sustainability legislation and legal content of the their platform as well as advised them on conclusion of contracts with first users, team members and founders.

COBALT advised Esgrid throughout the financing round. Our team included Partner Kristel Raidla-Talur and Specialist Counsel Greete-Kristiine Kuru.