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Osapiens invests $40m to enter UK market

Osapiens invests m to enter UK market

Osapiens expands into UK market with €35 million investment. The sustainability software provider aims to create over 150 roles to assist firms in meeting compliance needs amid potential new UK sustainability reporting standards. The move follows a significant capital raise last year….

Sustainability software provider osapiens has announced its expansion into the UK market, planning to invest €35 million and create over 150 roles focused on sustainability. This move aims to support companies in meeting compliance requirements. Founded in 2018 in Mannheim, Germany, osapiens offers cloud-based software solutions designed to automate complex compliance tasks, streamline operations, and monitor sustainability metrics in real time. Their AI-powered platform, osapiens HUB, includes transparency solutions that enable companies to map and monitor value chains, mitigating risk and ensuring compliance with regulations such as the EU Deforestation Regulation (EUDR), Corporate Sustainability Reporting Directive (CSRD), and Corporate Sustainability Due Diligence Directive (CSDDD). Additionally, the platform provides efficiency solutions to enhance asset performance, maintenance, planning, and field service operations.

This investment comes as UK companies may face increasing sustainability-related compliance requirements, with the government considering the introduction of mandatory sustainability reporting and having recently proposed new UK Sustainability Reporting Standards (UK SRS). The announcement follows osapiens’ $120 million capital raise last year, intended to fuel growth in new and existing markets and accelerate product innovation.

Alberto Zamora, Co-Founder and CEO of osapiens, stated, “At osapiens, we believe that transparency and efficiency are the foundations of sustainable growth. Our expansion into the UK marks a major step in our mission to help companies meet sustainability and compliance goals through AI-driven innovation.”

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BQ

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