Funding

[Funding alert] Berlin-based Montamo Raises €2.1Million in Pre-Seed Funding

Dec 11, 2023 | By Startup Rise EU

Berlin-based Montamo raises €2.1million in pre-seed funding. Project A Ventures and a number of well-known angel investors lead this round.

Berlin-based Montamo raises €2.1million in pre-seed funding. Project A Ventures and a number of well-known angel investors lead this round.

The first career changers will be welcomed to the Munich montamo training centre at the start of next year by seasoned montamo masters and journeymen. The participants in this highly digitalized six- to eight-week course will receive both theoretical and practical instruction, qualifying them to install heat pumps.

Read also - Paris-based Artificial Intelligence Startup Mistral AI Secures €450M in Funding

Alexander Böhm and Ole Schaumberg, the company's founders, set out to effectively address the three main problems of the energy transition, the shortage of qualified labour in the trades, and the integration of immigrants.

RECOMMENDED FOR YOU

recomd
Recent Articles
[Funding alert] Saleor Secures $8 Million in Seed Extension Round Funding
Startup Rise EU
Feb 7, 2024
recomd
Czechia
[Funding alert] Prague-based Flowpay Secures Over €2 Million in Seed Funding
Startup Rise EU
Mar 20, 2024
recomd
Funding
[Funding alert] Jordan-based Capifly Secures $1M in Pre-Seed Funding
Startup Rise EU
Oct 5, 2023

Alexander Böhm said, “Thanks to a strong focus and a high degree of digitalisation, our training courses qualify employees much faster than is possible with conventional training, without sacrificing quality, German language skills will also no longer be an issue for us. Our digital learning platform will be available to course participants in several languages.”

Project A’s Mila Cramer commented: “Germany lacks an estimated 60k workers to achieve the heat pump energy transition goals by 2030 alone, 50% of all blue-collar workers will retire in the next 10 years. To fill this gap, we need innovative solutions that increase efficiency and create additional capacity by training new workers. In Alex and Ole, we have found the perfect team with the passion and experience to achieve this goal.”

About Montamo

Founded in 2023, Montamo intends to solve the primary obstacle to the green energy transition—a shortage of skilled labor—in order to expedite its implementation.

Read also - Paris-based Startup Pimento Raises €3M in Seed Funding

The company's goal is to train individuals from migrant backgrounds to change careers and become professional construction workers in the energy sector through a hybrid strategy that combines specialised training centres and digital solutions.

Recommended Stories for You

story
Recent Articles

[Funding alert] Quantum Technologies Startup QuantaMap Raises €1.4 Mn Funding

Startuprise Dec 7, 2023

story
Funding

[Funding alert] Barcelona-based toddl.co Secures €500k in Pre-Seed Funding

Startup Rise EU Nov 29, 2023

story
Funding

[Funding alert] London-based AudioStack Secures €2.9 Million in Pre- Series A Round Funding

Startup Rise EU Feb 6, 2024

story
Funding

[Funding alert] Dutch BNPL Fintech Startup Billink Secures €29.5 Million in Funding

Startup Rise EU Jan 18, 2024

story
Funding

Trampoline funding news – B2B Home Décor Brand Trampoline Secures $5 Million in Seed Funding

Startup Rise EU Jun 24, 2024

story
Funding

Black Semiconductor funding news – Aachen-based Black Semiconductor Raises €254.4 Million in Seed Funding

Startup Rise EU Jun 12, 2024