Sopht raises €3.3 Million to Decarbonize Corporate IT

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Article Date
June 4, 2024

We are delighted to announce that Sopht, one of our portfolio companies at Axeleo Capital, has successfully raised €3.3 million in a seed funding round. This funding, co-led by Ternel and supported by Ring Capital and Climate Club, marks a significant milestone in Sopht's mission to revolutionize IT decarbonization.

Tackling IT’s Environmental Footprint

In a world where digital pollution is projected to account for 10% of global emissions by 2030, Sopht’s value proposition is both timely and critical. The French GreenTech startup specializes in reducing the environmental impact of corporate IT infrastructures. Sopht’s innovative solutions help companies manage and minimize their digital carbon footprint, addressing an urgent ecological issue and enhancing competitiveness. As major clients have reported, IT ecosystems can constitute up to 45% of a company's total carbon emissions, underscoring the importance of sustainable IT practices.

Promising Path in Early Stages

Founded in December 2021, Sopht is still in its early stages but has already demonstrated significant potential. With around twenty clients, including notable names such as BNP Paribas, VINCI, and VEOLIA, Sopht is poised for rapid growth. The new funding will accelerate their commercial expansion across Europe, aiming to triple their client base and manage 1 million tons of CO2 within the next four years.

Future Outlook

Sopht’s commitment to integrating AI into their solutions sets them apart, providing clients with actionable recommendations to optimize both environmental and monetary impacts. This approach defines their "Green ITOps" vision, which adds sustainability to the traditional triad of performance, security, and cost management in IT operations.

We at Axeleo Capital are proud to support Sopht’s journey towards becoming Europe’s leading Green ITOps solution by 2026. Their innovative approach and ambitious goals align perfectly with our investment philosophy, and we are excited to see the positive impact they will continue to make on the industry and the environment.

Congrats Jérémie, Julien, Gautier and the whole team.

For more information about Sopht and their groundbreaking work in IT decarbonization, visit Sopht’s website.

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