Oslo-based Kvist, a tech company focused on sustainability in construction and real estate, has secured €1.3M in funding from new and existing investors, including Kiilto Ventures. The platform simplifies environmental compliance, helping companies navigate stringent regulations like the EU taxonomy. With ongoing support from notable investors, Kvist aims to strengthen its market presence and accelerate growth, allowing clients to concentrate on sustainability improvements instead of administrative tasks. The funding signifies a growing demand for efficient regulatory solutions in the sector.
"We see a clear market demand for solutions that simplify compliance with increasingly stringent regulations. Kvist has developed a unique tool that addresses this need, and we look forward to supporting their continued growth," says Matti Rönkkö, Managing Director at Kiilto Ventures.
"Our technology enables sustainability leaders and specialists to focus more on environmental initiatives since time spent on reporting is cut down with Kvist. Knowing our platform makes a tangible difference is incredible," says Fabian Utigard.
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