The round was led by The Grantham Foundation for the Protection of the Environment and Algebris Investments.

CommerceClarity’s €2.7 million pre-seed funding round was led by IFF and Entourage.

The investment was backed by Indico Capital Partners, SIMEST, and CDP Venture Capital SGR.

The firm has secured an additional €5 million in a Series A extension round led by RTP Global.

The pre-seed round saw participation from several business angels, including senior executives from Amazon, Amundi, Rothschild & Co, and Fundsgate.

The seed round was led by 360 Capital and CDP Venture Capital.

The fund’s LPs include the European Investment Fund (EIF) and CDP Venture Capital Sgr.

United Ventures led the round, joined by The TechShop, Vento, and Pi Campus.