Karomia, a Ghent, Belgium-based software company developing an ESG reporting platform, raised €2M in funding.
The round was led by Entourage, imec.istart Future Fund & imec.istart Fund.
The company intends to use the funds to expand its platform and efforts.
Led by CEO Luc Machiels, Karomia provides companies in Europe and the US with a platform to comply with the Corporate Sustainability Reporting Directive (CSRD). Its AI-driven solution tackles two key challenges: managing vast data requirements and assessing sustainability impacts across the entire value chain. Through streamlined compliance processes, it helps businesses move beyond regulations to create real, lasting sustainability impact.
The company has already served 45+ companies.
The team also includes:
- Simon Hiel, CTO
- Jens Verhiest, COO
FinSMEs
26/02/2025