Sunhat Raises Seed Financing Supported by VOY
VOY lawyers Johannes Steinacher and Clemens Koós advised Sunhat on their EUR 2M seed financing round.
The financing round was led by early-stage investors Capnamic Ventures, xdeck ventures, and industry experts WEPA Ventures. Various tech, compliance, and sustainability business angels co-invested along. VOY has been accompanying the company since its incorporation and pre-seed financing round.
The funding will be allocated towards advancing the technology and expanding the product offering for enterprise customers. Besides ensuring compatibility with all traditional systems, Sunhat strives to establish industry-specific integrations.
Since its launch last year, the startup has convinced several well-known enterprises of its software solution, including the hygiene paper manufacturer WEPA.
Sunhat is a software startup that streamlines the processing of sustainability requests from B2B customers and partners. By reducing the operational workload required for processes such as preparing responses, reviewing evidence, and collecting data, the software empowers corporate sustainability teams to save valuable time and resources and focus on their essential responsibilities. Founded by Lukas Vogt (CEO), Alexander Behr (COO), and Ali Kamalizade (CTO), the company is headquartered in Cologne, Germany.
Capnamic is a leading European early-stage Venture Capital firm with offices in Cologne, Berlin, and Munich. The VC invests in outstanding teams from the German-speaking regions from Pre-Seed up to Series A. Capnamic’s investments include companies such as LeanIX, Staffbase, Adjust (exit to Applovin) parcelLab and Capmo. All portfolio companies can rely on Capnamic’s unique network of global investors and industry partners, as well as hands-on support, mentoring, and knowledge exchange. The vast expertise of the Capnamic team includes more than 100 investments, a high turnover of successful trade sales and IPOs, as well as a strong entrepreneurial track record within the investment team.
The managing partners are Christian Siegele, Christian Knott, Jörg Binnenbrücker, and Olaf Jacobi.
VOY is a law firm and tax consultancy for founders and investors creating a digital client experience that focuses on additional value with direct and uncomplicated legal advice of the highest quality.