Chavanges Tech, a French startup dedicated to developing cutting-edge digital tools for assessing and mitigating climate and environmental risks, announced it has secured seed investment €450K from a group of private investors.
This funding will enable the company to accelerate product development, expand its technology team, and bring its pioneering Environmental, Social, and Corporate Governance ESG solutions to a broader market within the insurance industry.
Founded by a team of environmentally entrepreneurs, Chavanges Tech is driven by the mission to empower businesses—particularly insurers—to better understand, measure, and manage climate-related challenges.
With climate change causing ever-increasing uncertainty and new forms of risk, the startup’s platform delivers advanced analytics and insights to help insurance companies make data-driven decisions and comply with evolving ESG standards.
“We are thrilled to have the support of our new investors,” said Marie Dupont, CEO and Co-Founder of Chavanges Tech.
This seed funding allows us to rapidly refine our tools and expand our reach, so we can provide insurers and other businesses with the real-time intelligence they need to navigate today’s environmental challenges.
Chavanges’ flagship solution, ChavRisk, leverages artificial intelligence, big data analytics, and satellite imagery to offer comprehensive climate risk modeling. By integrating geospatial data and advanced algorithms, ChavRisk provides highly accurate insights that help insurance companies better underwrite policies, set premiums, and develop long-term ESG strategies.
The platform also offers:
- Real-time climate data tailored for the French and broader European markets.
- Predictive analytics for assessing short- and long-term environmental risks, such as flooding, drought, and extreme weather events.
- Sustainability scoring to align underwriting with ESG principles and standards.
Insurers are under increasing pressure to adapt to new forms of environmental risk. Our technology bridges the gap between climate science and financial services, ensuring better protection for policyholders and fostering sustainable business models
Chavanges’ founding team is composed of data scientists, insurance experts, and environmental advocates who share a commitment to the planet’s well-being.
The company’s core philosophy centers on integrating ESG criteria into everyday business operations. Beyond product development, Chavanges Tech actively collaborates with academic institutions, industry associations, and governmental bodies to drive sustainable innovation across France and beyond.
Based in Paris and founded in 2024, Chavanges Tech is a mission-driven startup at the forefront of climate and environmental risk solutions. With an unwavering commitment to ESG principles, Chavanges Technologies is reshaping how businesses in France and throughout Europe approach sustainability, risk management, and corporate governance.
