Dcycle secures 6 Million € to lead ESG data management in europe
Dcycle closes a €6 million Series A funding round led by Samaipata. The Spanish startup is expanding its ESG management platform and preparing to enter Germany, the UK, and Italy.
A Strong Commitment to Sustainability
Spanish startup Dcycle has successfully raised €6 million in a Series A funding round led by venture capital firm Samaipata. This milestone represents a key step toward Dcycle’s ambition to establish itself as a leader in corporate sustainability, an area that’s gaining importance due to European Union regulations and growing social awareness.
Dcycle has developed an innovative SaaS platform designed to streamline ESG (environmental, social, and governance) data management. The platform simplifies compliance requirements while integrating sustainability into companies' operational strategies.
Making Innovation Accessible to Businesses of All Sizes
One of Dcycle’s key differentiators is the accessibility of its cloud-based software. The platform eliminates the need for complex infrastructure, allowing businesses of any size to quickly measure their carbon footprint, assess the environmental impact of their products, and ensure compliance with evolving regulations, all in just a matter of minutes.
By leveraging artificial intelligence and advanced technology, Dcycle enables companies to approach sustainability not just as a regulatory obligation but as a strategic advantage to optimize operations and enhance their reputation.
An Ambitious Growth Plan
Currently active in Spain, Portugal, and Italy, Dcycle plans to use this latest funding round to expand into strategic markets, including Germany and the United Kingdom, while strengthening its presence in Italy. This phase of growth will not only boost Dcycle’s position in Europe but also help meet the rising demand for ESG tools.
Market forecasts estimate that within the next five years, 70% of European businesses will adopt technological solutions to manage non-financial data, highlighting the increasing relevance of Dcycle’s offering.
Clear Vision and Optimism
Juanjo Mestre, CEO and co-founder of Dcycle, highlighted the importance of this funding milestone:
“To build the best product that truly addresses non-financial data management, we need to bring together the best team, the best investors, and the best clients. We are already leaders in Spain, but now it’s time to prove we can lead across Europe.”
Luis Garay, a partner at Samaipata, shared his enthusiasm:
“Dcycle provides a vital solution in an environment where regulations are becoming more stringent. This investment reflects our confidence in their ability to become the go-to partner for European companies tackling ESG challenges.”
A Promising Future for Tech-Driven Sustainability
This funding not only strengthens Dcycle’s commitment to sustainability but also positions it as a critical partner for European businesses navigating stricter regulatory frameworks. With its innovative approach and ambitious expansion plans, Dcycle is well on its way to shaping the future of ESG data management in Europe.