Dcycle Expands Sustainability Data Platform with Acquisition of ESG-X for DACH Growth

Dcycle Acquires ESG-X to Enhance Sustainability Data Management in the DACH Region

Dcycle, a sustainability data management platform based in the UK and Madrid, has recently announced the acquisition of ESG-X, a Munich-based software company specializing in AI-powered sustainability reporting solutions. This strategic move aims to expand Dcycle’s presence in the DACH region, particularly in Germany.

The acquisition combines Dcycle’s infrastructure for managing non-financial data with ESG-X’s AI technology for double materiality assessments and corporate sustainability compliance. By merging these capabilities, Dcycle now offers specialized local support in the UK, Spain, and Germany, key markets covering European sustainability reporting regulations.

Juanjo Mestre, CEO and co-founder of Dcycle, emphasized the importance of integrated platforms in scaling sustainability data efficiently. With the consolidation of the European ESG software market, Dcycle’s vision is to provide companies with the best possible product to meet their sustainability data needs.

Founded in 2020, Dcycle is a B2B SaaS platform that centralizes, manages, and operationalizes companies’ data to drive non-financial performance. The company helps collect, validate, and utilize data across teams to enhance communication and decision-making.

As European businesses undergo a significant shift towards sustainability reporting compliance, Dcycle notes the increasing demand for integrated sustainability data infrastructure. This shift highlights the need for platforms like Dcycle that connect data, people, and projects to unlock the true value of ESG information.

ESG-X, co-founded by Paolo Mazza, Valentin Aman, and Jean Bauer, focuses on AI-powered sustainability reporting for the Corporate Sustainability Reporting Directive (CSRD) and the Voluntary Sustainability Reporting Standard for non-listed SMEs. Following the acquisition by Dcycle, ESG-X aims to further its mission of accurate, scalable, and future-proof ESG data management in Europe.

ESG-X’s infrastructure is hosted in certified German data centers and complies with security, data protection, and GDPR requirements. The company’s AI technology, developed entirely in Europe, automates materiality assessments and maps company data to ESG requirements effectively.

With a focus on the DACH region, ESG-X serves mid-market companies from offices in Munich and Düsseldorf. Dcycle views Germany as a strategic market for ESG management and aims to leverage ESG-X’s expertise to accelerate its expansion in the region.

The acquisition strengthens Dcycle’s platform in various areas, including image recognition, double materiality assessments, EcoVadis rating optimization, automated ESRS reporting, and local data residency in certified German data centers.

Dcycle, with over 2,000 clients across Europe, stands out as a certified software for ISO 14064 carbon footprint calculation in Spain. The company’s recent Series A funding round and support from investors demonstrate its commitment to advancing sustainability data management.