carbmee funding news – Berlin-based carbmee has Raised €20Million in Funding

The company has seen steady growth, with its revenue tripling over the past three years. It will use the funding to improve its software, innovate its products, and expand to more global businesses.

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The money will also be used to enhance carbmee’s Environmental Intelligence System, focusing on collecting detailed life cycle assessment (LCA) data. Additionally the company plans to invest in carbmee Studio a new tool that allows users to create customized AI-driven reports and dashboards.

Christian Heinrich, CEO and co-founder, says, “This funding round is a validation of the innovative work we’ve done so far, but it’s also a launching point for what comes next. With over 80% of emissions being rooted in the supply chain, we have built a platform that not only meets the evolving needs of complex industry enterprises but also plays a critical role in the global shift toward sustainability,”.

Carbmee has previously received support from over 15 prominent angel investors, including industry leaders like Noah Eisner (co-founder of Coupa), Gisbert Rühl (CEO of Klöckner & Co.), Dirk Hoke (CEO of Volocopter), Mike Corbo (former supply chain officer at Colgate-Palmolive), Pat McCarthy (VP at Google), Marcel Vollmer (former CIO at Celonis), and Ulrich Piepel (former CPO at RWE and innogy SE).

CommerzVentures, a venture capital firm with €550M in assets, specializes in investing in early and growth-stage companies in Fintech, Insurtech, and Climate Fintech. They focus on Europe but also invest globally, including in Israel, the USA, and Africa.

Robin Spickers, the co-founder, adds, “We address one of the biggest challenges faced by the manufacturing industry. Currently, teams in large organisations work in data silos – procurement, R&D, finance, production – and rely on manual Excel spreadsheets to calculate carbon footprints, causing data inaccuracy and ineffective processes. Our platform provides a centralised platform for all enterprise users to manage CO2 emissions at the corporate, product, supplier, and SKU levels—enabling CO2 data to be managed as accurately as financial data in an ERP system,” he continues.

Paul Morgenthaler, Managing Partner at CommerzVentures, comments, “Christian and Robin have already achieved phenomenal growth since founding carbmee. They are at the forefront of a vital industrial step-change as businesses around the world demand the knowledge and support to manage their carbon emissions. Their powerful software breaks down the complexity of decarbonising global supply chains solving a key problem for industries. We share in the team’s exceptional ambition for the future and look forward to helping them deliver on this journey.”

About Carbmee

Carbmee, founded in 2021 by Christian Heinrich and Robin Spickers, helps companies track, reduce, and report their carbon emissions accurately and efficiently using a central platform powered by advanced data analytics and AI.