
Dedalo AI
Dedalo AI measures the environmental impact of software on edge devices and provides guidelines to reduce it.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
* | N/A | Grant | |
Total Funding | 000k |
EUR | 2023 | 2024 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | (49 %) |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
% profit margin | 5 % | (55 %) |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Company filings or news article
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Founded in Turin, Italy, in October 2022, Dedalo AI Srl operates in the growing market of digital sustainability, addressing the significant environmental impact of the IT sector. The company was established by a team with diverse expertise: CEO Seif Chourbagi, with a background in B2B sales; CSO Francesco Musso, a sustainability specialist; and CTO Fabio Giannese, a seasoned software engineer. Their shared concern for the digital world's rising energy consumption motivated the creation of a solution to enhance energy efficiency in IT, a factor often overlooked in favor of performance and security.
Dedalo AI provides an artificial intelligence-driven platform that empowers companies to measure, manage, and mitigate the carbon footprint of their digital operations. The business targets companies with over 250 employees that conduct ESG reporting, offering solutions to quantify the environmental impact of both software—such as websites and web apps—and hardware devices used by their workforce. The platform works by analyzing web data, calculating energy consumption based on device type and location, and generating precise CO2 emission reports compliant with ESG standards. This allows clients not only to move towards their Net Zero targets but also to improve operational efficiency. Revenue is generated through a SaaS model, providing clients with a dashboard to monitor their digital impact.
The company's core service provides actionable insights and tailored plans to optimize energy use, helping businesses reduce their digital carbon emissions by a target of at least 30%. For instance, the AI algorithm performs static code analysis to identify inefficiencies like uncompressed multimedia files, redundant data transfers, and unused code. In addition to providing reduction plans, Dedalo AI helps companies communicate their sustainability achievements through a web badge, which can enhance stakeholder engagement. The company has engaged in Proofs-of-Concept with major firms like Siemens and EY and has established partnerships with Stanford University and the US Department of Energy. Its journey has been supported by investors such as Berkeley Skydeck and a Sequoia Scout, and it was part of Vento's venture building program and the Techstars Sustainability Paris Accelerator. Keywords: digital sustainability, carbon footprint reduction, ESG reporting, green IT, software energy optimization, IT carbon footprint, digital carbon emissions, sustainable software, energy efficiency, AI for sustainability, corporate sustainability, Net Zero targets, IT infrastructure impact, CO2 emission measurement, environmental governance, cleantech, responsible technology, digital waste reduction, sustainable web development, climate tech