Willkommen briink
We are delighted to welcome Briink as a new portfolio company! In their Seed Series financing round, the Berlin-based company raised €3.85 million. Joining as a co-lead investor is 13books Capital, a renowned FinTech VC from London. Also on board are the esteemed existing investors Merantix and Seed+Speed. With this financing round, Briink is well-positioned to scale sales and further develop the product in the dynamic ESG market.
What is Briink?
Briink is a Berlin-based software company founded in 2021 at the Merantix Accelerator and AI Campus. Utilizing domain-specific AI and LLMs (Large Language Models), Briink supports ESG teams in benchmarking and verifying large volumes of ESG documents through audit trails. This highly precise solution already helps leading corporations, funds, and advisory firms worldwide to achieve a transparent and consistent basis for decision-making.
The founders, Tomas van der Heijden and Samuel King, bring extensive startup experience and combine expertise in data science and law. We see this as the ideal foundation for navigating the complex ESG regulatory landscape and the rapid developments in AI.
The Challenge of ESG Data Processing
Currently, many companies still process ESG data for themselves, their suppliers, portfolio companies, and audit clients manually. In light of regulations such as the Corporate Sustainability Reporting Directive (CSRD), this approach is highly labor-intensive and prone to errors. Briink's automated solution focuses on meeting the highest quality and security standards while maintaining a strong customer-centric approach.
This has also impressed Andrea Silberschmidt-Buhofer: "The level of automation and customer understanding sets Briink apart from broader document processing solutions and creates significant value for customers from day one."
In the growing ESG software market, we look forward to an exciting future together with Tomas, Sam, and the Briink team!