London-based Maiven secures €1.7M to help businesses navigate climate policies with AI

London-based Maiven, a startup utilising AI to help businesses identify the most relevant climate policies, has secured €1.7M in funding from impact investors.

The investors include Pale Blue Dot, Ada Ventures, Tiny VC, Ventures Together, Earth, and angel investors, including Dorothy Chou, Brandon Mhangami, and Daphne Dovermann.

Medium and large companies don’t always know what current and future policies they are exposed to across their global operations and supply chains. This lack of visibility exposes them to unknown opportunities and risks, impacting their financial and operational performances.  

Maiven: Simplifying climate policy

Founded by Larsen Mabika (CEO) and Georgie Steele (CTO), Maiven is building an AI-powered solution to help medium and large enterprises operating in high carbon intensity sectors avoid costs and maximise revenue opportunities.

Larsen Mabika, CEO, Maiven, says, “The current macro and geopolitical environment is making climate policy and the regulatory environment more volatile. This will change fundamental market dynamics and put companies’ current operating models under pressure. In this context, anticipating changes and making timely and informed decisions are crucial for businesses’ viability. We are unlocking the power of AI to provide the necessary tools and insights to navigate these complexities, ensuring businesses can make decisions to prepare for a low-carbon future.”

Through their new partnership with Climate Impact Partners, they’ll help their customers understand how carbon policies affect their climate goals and how to use credits for compliance.

Chris Duck, Claims and Assessment Director at Climate Impact Partners, says, “In a market inundated with regulatory changes, our clients require actionable intelligence, not just data. They need support to pinpoint the climate policies that directly affect their climate and carbon strategies. Maiven is tackling this challenge, enabling corporates to respond to policy shifts with confidence. This will also be critical for our carbon project partners, ensuring they can evolve and adjust to align with the latest developments.”

Together, they aim to spot policy changes early, prevent revenue loss, and unlock valuable opportunities.

The UK company offers personalised real-time monitoring to track developments worldwide and sends automated alerts to notify users of important changes that could affect their operations.

The platform also provides in-depth analysis to help businesses understand what these changes mean for them.

Additionally, it helps businesses assess risks and plan strategically to navigate new regulations and find opportunities.

All insights and data are tailored to each user’s specific needs, making sure that they are always prepared for risks and do not miss out on potential revenue opportunities.

The founding duo is currently validating their solution through over 200 prospecting conversations with potential customers. Additionally, they have signed early customers and shipped their first product.