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The Founder's Handbook

Top 38 Sustainability Startups in 2024

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Think Sustainability is boring and everything’s been done before?

Think again.

If you’re in the Sustainability industry or are interested in starting a company in this space, this article dives into 38 of the hottest fast-growing Sustainability startups.


38 Sustainability Startups

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1) EcoVadis

EcoVadis

EcoVadis is a collaborative platform that allows businesses to evaluate their suppliers' environmental and social performance.

Details of the startup:

  • Country: France
  • State: Ile-de-France
  • City: Paris
  • Started in: 2007
  • Founders: Frederic Trinel, Pierre Francois Thaler
  • Number of employees: 501-1000
  • Funding: $235,786,060
  • Funding rounds: 6
  • Number of investors: 4 (CVC Capital Partners, Partech, Sebastien Breteau, Zobito)

You can find their website here.

2) Arabesque S-Ray

Arabesque S-Ray

Arabesque S-Ray is a market leader in sustainability data, consulting, and research.

Details of the startup:

  • Country: Germany
  • State: Hessen
  • City: Frankfurt
  • Started in: 2017
  • Founders: Andreas Feiner, Dominic Selwood, Hans-Robert Arndt, Omar Selim
  • Number of employees: 51-100
  • Funding: $20,000,000
  • Funding rounds: 2
  • Number of investors: 6 (Accenture Ventures, Allianz X, DWS Group, Commerz Real AG, Helaba)

You can find their website here.

3) Intelex

Intelex

Intelex creates software for EHSQ initiatives (environment, health, safety, and quality).

Details of the startup:

  • Country: Canada
  • State: Ontario
  • City: Toronto
  • Started in: 1992
  • Number of employees: 251-500
  • Funding: CA$160,000,000
  • Funding rounds: 1
  • Number of investors: 2 (HarbourVest Partners, JMI Equity)

You can find their website here.

4) Enfuce

Enfuce

Banks, fintechs, financial operators, and merchants can use Enfuce's payment, open banking, and sustainability services.

Details of the startup:

  • Country: Finland
  • State: Southern Finland
  • City: Espoo
  • Started in: 2016
  • Founders: Denise Johansson, Monika Liikamaa
  • Number of employees: 51-100
  • Funding: € 17,000,000
  • Funding rounds: 3
  • Number of investors: 5 (Tencent, Nordea, Maki.vc, Finnvera Venture Capital, LähiTapiola)

You can find their website here.

5) Budbee

Budbee

Budbee is a logistics-tech startup that focuses on sustainability while providing last-mile delivery services.

Details of the startup:

  • Country: Sweden
  • State: Stockholms Lan
  • City: Stockholm
  • Started in: 2015
  • Founders: Axel Warg, Fredrik Hamilton
  • Number of employees: 101-250
  • Funding: $112,524,328
  • Funding rounds: 7
  • Number of investors: 10 (Kinnevik AB, Sebastian Siemiatkowski, H&M CO:LAB, Stena Sessan, Victor Jacobsson)

You can find their website here.

6) v2food

v2food

v2food is a plant-based meat firm that makes meat substitutes from legumes.

Details of the startup:

  • Country: Australia
  • State: New South Wales
  • City: Sydney
  • Started in: 2019
  • Founders: Nick Hazell
  • Number of employees: 11-50
  • Funding: A$112,000,000
  • Funding rounds: 2
  • Number of investors: 10 (Sequoia Capital China, Temasek Holdings, Horizons Ventures, Main Sequence Ventures, China Renaissance)

You can find their website here.

7) Grain

Grain

Grain is an online restaurant that serves cuisine to consumers using data and a tech-enabled network.

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2014
  • Founders: Ernest Sim, Isaac Tan, Rifeng Gao, Yi Sung Yong
  • Number of employees: 101-250
  • Funding: $14,205,884
  • Funding rounds: 4
  • Number of investors: 13 (500 Startups, Openspace Ventures, DBS Bank, Boon Hwee Koh, K2 Global)

You can find their website here.

8) Karma

Karma

Karma creates and sells apps to help grocery shops and restaurants reduce food waste.

Details of the startup:

  • Country: Sweden
  • State: Stockholms Lan
  • City: Stockholm
  • Started in: 2015
  • Founders: Elsa Bernadotte, Hjalmar Ståhlberg Nordegren, Ludvig Berling, Mattis Larsson, Steven van Wel
  • Number of employees: 11-50
  • Funding: $20,216,654
  • Funding rounds: 5
  • Number of investors: 19 (Bessemer Venture Partners, Kinnevik AB, Headline, Norrsken VC, rocketship.vc)

You can find their website here.

9) Louis Dreyfus Company

Louis Dreyfus Company

The Louis Dreyfus Company is a global commodity merchandiser as well as a major agricultural asset owner and processor.

Details of the startup:

  • Country: The Netherlands
  • State: Zuid-Holland
  • City: Rotterdam
  • Started in: 1851
  • Number of employees: 10001+
  • Funding: $100,000,000
  • Funding rounds: 2
  • Number of investors: 2 (ADQ, EBRD (Investment Firm))

You can find their website here.

10) Air Up

Air Up

Air Up is the world's first drinking bottle that flavors pure water just by smell.

Details of the startup:

  • Country: Germany
  • State: Bayern
  • City: Munich
  • Started in: 2018
  • Number of employees: 51-100
  • Funding: € 18,000,000
  • Funding rounds: 4
  • Number of investors: 7 (PepsiCo, Five Seasons Ventures, Freigeist Capital, Oyster Bay, Christoph Miller)

You can find their website here.

11) Carbo Culture

Carbo Culture

Carbo Culture is a carbon-removal startup based in the Nordics and the United States.

Details of the startup:

  • Country: Finland
  • State: Southern Finland
  • City: Helsinki
  • Started in: 2016
  • Founders: Christopher Carstens, Pia Henrietta Kekäläinen, Sam Van Wesenbeeck
  • Number of employees: 1-10
  • Funding: $7,083,979
  • Funding rounds: 4
  • Number of investors: 15 (True Ventures, Lifeline Ventures, Cherry Ventures, Bragiel Brothers, David Helgason)

You can find their website here.

12) Nutrition Technologies

Nutrition Technologies

Black Soldier is used by Nutrition Technologies to make protein, oil, and organic fertilizer. Fly larvae for a better and greener future

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2015
  • Founders: Nick Piggott, Richard Hayler, Thomas Berry
  • Number of employees: 101-250
  • Funding: $14,000,000
  • Funding rounds: 4
  • Number of investors: 7 (Openspace Ventures, Seeds Capital, Hera Capital, Spring SEEDS Capital, Nullabor)

You can find their website here.

13) Ispace Technologies

Ispace Technologies

Ispace Technologies is a cis-lunar space resource exploration firm that finds, collects, and delivers lunar ice to customers.

Details of the startup:

  • Country: Japan
  • State: Tokyo
  • City: Tokyo
  • Started in: 2010
  • Founders: Takeshi Hakamada
  • Number of employees: 101-250
  • Funding: $128,814,148
  • Funding rounds: 7
  • Number of investors: 19 (Incubate Fund, Dentsu, KDDI, SPARX Group, Innovation Network Corporation of Japan)

You can find their website here.

14) GoParity

GoParity

Personal finance and investing tool that links individuals and businesses with nonprofits seeking financing for sustainable projects.

Details of the startup:

  • Country: Portugal
  • State: Lisboa
  • City: Lisbon
  • Started in: 2017
  • Founders: Nuno Brito Jorge
  • Number of employees: 1-10
  • Funding: € 900,000
  • Funding rounds: 5
  • Number of investors: 2 (Mustard Seed MAZE, Critical Software)

You can find their website here.

15) abillion

abillion

We're a global community dedicated to making social impact and long-term sustainability a way of life for everyone.

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2017
  • Founders: Vikas Garg
  • Number of employees: 11-50
  • Funding: $6,450,000
  • Funding rounds: 4
  • Number of investors: 11 (500 Startups, Blue Horizon Corporation, Vikas Garg, 1/0 Capital, The Mills Fabrica)

You can find their website here.

16) Worldfavor

Worldfavor

The global platform for information and management on sustainability and compliance

Details of the startup:

  • Country: Sweden
  • State: Stockholms Lan
  • City: Stockholm
  • Started in: 2010
  • Founders: Andreas Liljendahl, Frida Emilsson
  • Number of employees: 11-50
  • Funding: $4,559,700
  • Funding rounds: 3
  • Number of investors: 3 (Norrsken VC, Brightly Ventures, Spintop Ventures)

You can find their website here.

17) Bhinneka.Com

Bhinneka.Com

Bhinneka.Com was the first eCommerce website in Indonesia.

Details of the startup:

  • Country: Indonesia
  • State: Jakarta Raya
  • City: Jakarta
  • Started in: 1993
  • Founders: Hendrik Tio
  • Number of employees: 501-1000
  • Funding: $22,000,000
  • Funding rounds: 1
  • Number of investors: 1 (Ideosource VC)

You can find their website here.

18) Quentic

Quentic

Quentic is a health and safety, environmental, and sustainability management software company.

Details of the startup:

  • Country: Germany
  • State: Berlin
  • City: Berlin
  • Started in: 2007
  • Founders: Markus Becker
  • Number of employees: 251-500
  • Funding: $42,313,274
  • Funding rounds: 3
  • Number of investors: 5 (High-Tech Grunderfonds, One Peak Partners, Wecken & Cie., Morgan Stanley Expansion Capital, Business Angels Club Berlin)

You can find their website here.

19) Sulapac

Sulapac

With biodegradable packaging innovation, Sulapac addresses the global plastic waste problem.

Details of the startup:

  • Country: Finland
  • State: Southern Finland
  • City: Helsinki
  • Started in: 2016
  • Founders: Antti Parssinen, Laura Kyllönen, Suvi Haimi
  • Number of employees: 11-50
  • Funding: € 18,763,125
  • Funding rounds: 5
  • Number of investors: 11 (Lifeline Ventures, Mousse Partners, Business Finland, Bonnier Ventures, EASME - EU Executive Agency for SMEs)

You can find their website here.

20) Seaborg Technologies

Seaborg Technologies

The Compact Molten Salt Reactor is a small modular reactor based on molten fluoride salt developed by Seaborg.

Details of the startup:

  • Country: Denmark
  • State: Hovedstaden
  • City: Copenhagen
  • Started in: 2015
  • Founders: Andreas Vigand Pedersen, Ask Emil Jensen, Eirik Eide Pettersen, Esben Klinkby, Navid Samandari, Troels Schönfeldt
  • Number of employees: 11-50
  • Funding: $25,741,823
  • Funding rounds: 2
  • Number of investors: 7 (European Union, PreSeed Ventures, David Helgason, The Index Project, Lars Nielsen)

You can find their website here.

21) TrusTrace

TrusTrace

TrusTrace is a technology company that enables "Conscious Consumption and Responsible Production" through its products.

Details of the startup:

  • Country: Sweden
  • State: Stockholms Lan
  • City: Stockholm
  • Started in: 2016
  • Founders: Hrishikesh Rajan, Saravanan Parisutham
  • Number of employees: 11-50
  • Funding: $1,696,649
  • Funding rounds: 4
  • Number of investors: 3 (Zalando, BackingMinds, Vinnova)

You can find their website here.

22) Land Life Company

Land Life Company

E2E reforestation services are provided by Land Life Company.

Details of the startup:

  • Country: The Netherlands
  • State: Noord-Holland
  • City: Amsterdam
  • Started in: 2013
  • Founders: Eduard Zanen, Jurriaan Ruys, Rebekah Braswell, Willemijn Stoffels
  • Number of employees: 11-50
  • Funding: € 5,900,000
  • Funding rounds: 2
  • Number of investors: 5 (Vectr, DOEN Participaties, Jeremy Grantham, Green Challenge Fund, Hannelore Grantham)

You can find their website here.

23) Renoon

Renoon

Renoon is a search platform that makes it simple for buyers to locate sustainable alternatives to what they want to wear.

Details of the startup:

  • Country: The Netherlands
  • State: Noord-Holland
  • City: Amsterdam
  • Started in: 2020
  • Founders: Gabriele Trapani, Iris Skrami, Nicolò Tresoldi, Piero Puttini
  • Number of employees: 1-10
  • Funding: € 385,000
  • Funding rounds: 3
  • Number of investors: 2 (Startupbootcamp, Female Founders)

You can find their website here.

24) Bynd

Bynd

Bynd creates a carpooling platform for individuals and businesses.

Details of the startup:

  • Country: Brazil
  • State: Sao Paulo
  • City: Sao Paulo
  • Started in: 2014
  • Founders: Abraão Barros, Gustavo Gracitelli, Leonardo Liborio
  • Number of employees: 1-10
  • Funding: R$1,185,000
  • Funding rounds: 1
  • Number of investors: 1 (EqSeed)

You can find their website here.

25) e.GO Mobile

e.GO Mobile

e.GO Mobile AG is a company that designs and manufactures electronic automobiles.

Details of the startup:

  • Country: Germany
  • State: Nordrhein-Westfalen
  • City: Aachen
  • Started in: 2015
  • Founders: Günther Schuh
  • Number of employees: 251-500
  • Funding: € 30,000,000
  • Funding rounds: 1
  • Number of investors: 4 (Moore Strategic Ventures, Edward Norton, Alejandro Agag, John Snow)

You can find their website here.

26) Vive Crop Protection

Vive Crop Protection

Vive develops more effective and long-lasting pesticides for organic and non-organic farming.

Details of the startup:

  • Country: Canada
  • State: Ontario
  • City: Mississauga
  • Started in: 2006
  • Founders: Cynthia Goh, Darren Anderson, Gwynn Curran-Sills, Jane Goh, Jordan Dinglasan, Richard Loo
  • Number of employees: 11-50
  • Funding: $39,999,527
  • Funding rounds: 10
  • Number of investors: 12 (Sustainable Development Technology Canada, Ontario Centres of Excellence, Ontario, Middleland Capital, Export Development Canada)

You can find their website here.

27) Goodera

Goodera

Goodera is a technological platform that assists businesses in managing their corporate social responsibility (CSR) programs.

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2014
  • Founders: Abhishek Humbad, Richa Bajpai
  • Number of employees: 101-250
  • Funding: $17,612,830
  • Funding rounds: 3
  • Number of investors: 6 (Nexus Venture Partners, SAIF Partners, Mumbai Angels, Omidyar Network, Kishore Ganji)

You can find their website here.

28) Crofarm

Crofarm

Crofarm aspires to create a supply chain that benefits farmers while also delivering the freshest food to businesses in the most efficient way possible.

Details of the startup:

  • Country: India
  • State: Haryana
  • City: Gurgaon
  • Started in: 2016
  • Founders: Prashant Jain, Varun Khurana
  • Number of employees: 101-250
  • Funding: $3,784,000
  • Funding rounds: 6
  • Number of investors: 11 (LetsVenture, Pravega Ventures, Smile Group, India Accelerator, Jitendra Gupta)

You can find their website here.

29) Goodr

Goodr

Goodr is a long-term surplus food management platform that uses technology to alleviate hunger and prevent food waste.

Details of the startup:

  • Country: United States
  • State: Georgia
  • City: Atlanta
  • Started in: 2017
  • Founders: Jasmine Crowe
  • Number of employees: 1-10
  • Funding: $2,850,000
  • Funding rounds: 6
  • Number of investors: 16 (Techstars, Backstage Capital, Precursor Ventures, Emerson Collective, Capital One Ventures)

You can find their website here.

30) Persefoni

Persefoni

Persefoni creates an artificial intelligence platform that allows businesses to plan, monitor, evaluate, minimize, and report their carbon footprint.

Details of the startup:

  • Country: United States
  • State: Arizona
  • City: Tempe
  • Started in: 2020
  • Founders: Jason Offerman, Kentaro Kawamori, Kim Stroh
  • Number of employees: 11-50
  • Funding: $13,200,000
  • Funding rounds: 2
  • Number of investors: 4 (NGP Energy Technology Partners, Rice Investment Group, Carnrite Ventures, Sallyport Investments)

You can find their website here.

31) LanzaTech

LanzaTech

Companies, communities, and countries all throughout the world are benefiting from new economic opportunities.

Details of the startup:

  • Country: United States
  • State: Illinois
  • City: Skokie
  • Started in: 2005
  • Founders: Sean Simpson
  • Number of employees: 51-100
  • Funding: $280,400,000
  • Funding rounds: 7
  • Number of investors: 11 (Khosla Ventures, CICC, Qiming Venture Partners, Novo Holdings, Western Technology Investment)

You can find their website here.

32) Greenlight Biosciences

Greenlight Biosciences

GreenLight Biosciences is a biotechnology firm specializing on RNA research, design, and production for human, animal, and plant health.

Details of the startup:

  • Country: United States
  • State: Massachusetts
  • City: Medford
  • Started in: 2008
  • Founders: Andrey Zarur, James Swartz, Marta Ortega-Valle
  • Number of employees: 101-250
  • Funding: $215,000,000
  • Funding rounds: 8
  • Number of investors: 21 (Khosla Ventures, Alexandria Venture Investments, S2G Ventures, Cormorant Asset Management, Lupa Systems)

You can find their website here.

33) Rubicon

Rubicon

Rubicon is a software firm that offers smart garbage and recycling solutions to businesses and governments all around the world.

Details of the startup:

  • Country: United States
  • State: Georgia
  • City: Atlanta
  • Started in: 2008
  • Founders: Lane B. Moore, Marc Spiegel, Nate Morris, Perry Moss
  • Number of employees: 251-500
  • Funding: $222,699,949
  • Funding rounds: 8
  • Number of investors: 27 (Goldman Sachs, Emerson Collective, Valor Capital Group, Wellington Management, Marc Benioff)

You can find their website here.

34) Rheaply

Rheaply

Rheaply is a procurement management platform that allows you to purchase, sell, trade, donate, and rent resources.

Details of the startup:

  • Country: United States
  • State: Illinois
  • City: Chicago
  • Started in: 2015
  • Founders: Garry Cooper, Tyler Skelton
  • Number of employees: 11-50
  • Funding: $12,700,000
  • Funding rounds: 4
  • Number of investors: 16 (Solve Innovation Future, Techstars, Salesforce Ventures, Revolution’s Rise of the Rest Seed Fund, High Alpha)

You can find their website here.

35) Nature’s Fynd

Nature’s Fynd

Nature's Fynd is a food firm that produces a protein derived from a microorganism found in geothermal springs.

Details of the startup:

  • Country: United States
  • State: Illinois
  • City: Chicago
  • Started in: 2012
  • Founders: Mark Kozubal, Matthew Strongin, Thomas Jonas
  • Number of employees: 51-100
  • Funding: $158,000,000
  • Funding rounds: 3
  • Number of investors: 10 (Generation Investment Management, Mousse Partners, Oxford Finance LLC, Breakthrough Energy Ventures, Archer Daniels Midland Company)

You can find their website here.

36) Ecovative Design

Ecovative Design

Ecovative Design is a biomaterials firm specializing in the creation of novel materials derived from natural growth processes.

Details of the startup:

  • Country: United States
  • State: New York
  • City: Troy
  • Started in: 2007
  • Founders: Eben Bayer, Gavin McIntyre
  • Number of employees: 101-250
  • Funding: $90,054,293
  • Funding rounds: 12
  • Number of investors: 8 (Viking Global Investors, Senator Investment Group, 3M, NYSERDA, Alpha Impact Investment Management Partners)

You can find their website here.

37) Clara Foods

Clara Foods

Clara creates true animal protein without using any animals at all, beginning with the world's first chicken-free egg proteins.

Details of the startup:

  • Country: United States
  • State: California
  • City: South San Francisco
  • Started in: 2015
  • Founders: Arturo Elizondo, David Anchel
  • Number of employees: 11-50
  • Funding: $56,750,000
  • Funding rounds: 5
  • Number of investors: 15 (SOSV, IndieBio, UpHonest Capital, Blue Horizon Ventures, Scott Banister)

You can find their website here.

38) Plenty

Plenty

Plenty is a vertical farming firm that provides clients with fresh, pesticide-free produce.

Details of the startup:

  • Country: United States
  • State: California
  • City: South San Francisco
  • Started in: 2014
  • Founders: Jack Oslan, Matt Barnard, Nate Mazonson, Nate Storey
  • Number of employees: 251-500
  • Funding: $541,000,000
  • Funding rounds: 6
  • Number of investors: 11 (SoftBank Vision Fund, DCM Ventures, DCVC, Innovation Endeavors, Group 11)

You can find their website here.

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