Female-founded Grünfin, which provides consumers with access to sustainable investments, has collected €2m in funding as it gears up for its launch.
Norrsken VC served as the lead investor, with Superangel also joined the round, according to a report from Silicon Canals. The round was also supported by several angel investors.
The Estonia-based FinTech company was founded by Karin Nemec and Triin Hertmann. As parents they shared concern for the sustainable future, Grünfin’s website said. They knew the impact sustainable investing could have on the world, but here was a lack of impact-driven investing platforms that are sophisticated, yet easy enough for beginners. Grünfin was set up to solve the gap.
Using Grünfin, a retial investor simply selects their monthly contribution, their sustainability focus and their risk level, and the platform will curate them a portfolio. Users can choose to back companies focused on climate change, quality and health.
Norrsken VC general partner Tove Larsson told Silicon Canals, “Shifting your savings to sustainable assets is one of the most important choices you can make in your life to enable a sustainable future for the world. That is why we are extremely happy to partner with the experienced and mission-driven team of Grünfin to drive more capital to impact.”
Last month, fellow female-founded startup Sternum, IoT security platform, collected $27m in its Series B round.
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