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Grandperspective closes Series A financing of EUR 7 million
- Chemical Euro
Grandperspective, the German based company with the world’s first holistic emission monitoring system has successfully closed its Series A led by Saudi Aramco Energy Ventures (SAEV) together with the existing investors High-Tech Gründerfonds, Brandenburg Kapital and kineo finance.
The funding will be used to support the worldwide commercialization of Grandperspective’s scanfeld® system and for the development of new software applications. With its unique software, scanfeld@ already offers early warning in case of hazardous emissions. In addition, the system will provide features for plant maintenance and ESG reporting.
"SAEV is known for its great expertise in scaling industrial innovations. We see a unique chance for setting a new standard of emission monitoring in this joint effort. Together we can demonstrate how the autonomous monitoring of industrial plants provides safety and contributes to the achievement of the sustainability goals. We provide continuous knowledge about all emissions of the chemical and petrochemical plant to empower our customers and facilitate change. Because in the end, what you don’t measure you don’t manage", René Braun, CEO of Grandperspective, highlights the visionary potential of the new partnership.