Vaayu
Invalidenstraße 65, Berlin, 10557, Germany
Overview
Vaayu builds a platform that provides real-time monitoring of retail sales at a granular, transaction-specific level to calculate and reduce retailers' carbon footprints. The platform connects to shop platforms via point-of-sale systems and claims to calculate the carbon footprint of all daily transactions using a database of more than 600,000 data points. Vaayu plans to expand features to offer retailers emissions benchmarking against peers and to detail the carbon footprint of individual items. The company was founded during the pandemic by Namrata Sandhu, the former head of sustainability at Zalando, and CTO Luca Schmid, and is based in Berlin. It currently serves 50 customers, including Wunderman Thompson Commerce, SellerX, Astrid & Miyu and Missoma. Vaayu has closed an $11.5M seed round led by Atomico, bringing its total seed funding to date to $13M. Atomico partner Terese Hougaard will join Vaayu’s board, which the company says will now be comprised of 75% female participation. Vaayu builds a carbon-tracking platform tailored to retailers that integrates with point-of-sale systems such as Shopify and Webflow and pulls in logistics, operations and packaging data to monitor emissions. The product automates emissions calculations—Vaayu says retailers can get a carbon footprint in three clicks—and enables targeted reductions without manual spreadsheets. The company was founded in 2020 by Namrata Sandhu (CEO), Anita Daminov (CPO) and Luca Schmid (CTO). Vaayu currently serves 25 global brand customers, including Missoma, Armed Angels and Organic Basics. Financially, it has raised $1.57M in pre-seed funding led by CapitalT and plans to develop the product further to reach more retailers. Vaayu claims its approach could help cut CO2 in half by 2030, and investors have highlighted the product's scalability and quick implementation.
- Total raised
- $13M
- Funding rounds
- 2
- Latest round
- Seed
- Latest activity
- Apr 2022
Industries
- CleanTech
- Green Consumer Goods
- Retail
- Software
Recent funding
Seed
Apr 2022
$12M
Seed
Jul 2021
$2M