PE INTERNATIONAL AG, a provider of sustainability management software and expert consulting services, has secured €8m (approximately $10.8m) in venture capital funding.
Investors include Siemens Venture Capital, and the Cleantech team of European investment company Gimv, which both will hold a seat in the board of directors.
The company intends to use the capital to further build out its market position and expand its solution portfolio. Through Siemens Venture Capital, PE INTERNATIONAL will join Siemens’ global innovation network.
Led by CEO Michael Betz, PE INTERNATIONAL has developed a comprehensive environmental database for processes and products on the market today and software solutions for enterprise sustainability management.
The company operates 14 offices across the globe and serves more than 1,000 customers including Allianz, Bayer, Daimler, Carnival, Deutsche Post DHL, Kraft Foods, Rockwool, Siemens, Toyota, ThyssenKrupp and Volkswagen.