Funding

[Funding alert] German Climatetech Startup Purpose Green Raises €3.3 million in Funding

Oct 5, 2023 | By Startup Rise EU

German climatetech company Purpose Green has secured a €3.3 million fundraising round to strengthen its position in the German market, develop its product, and grow its team's expertise in ESG, the environment, and construction. Atlantic Labs and Speedinvest supplied the cash.
Purpose Green Co-Founder & Business Development - Okitonga Member

German climatetech company Purpose Green has secured a €3.3 million fundraising round to strengthen its position in the German market, develop its product, and grow its team's expertise in ESG, the environment, and construction. Atlantic Labs and Speedinvest supplied the cash.

Purpose Green's solution speeds and clarifies energy-related construction and remodeling tasks with a focus on decarbonizing the building sector by producing a digital 3D twin of properties that provides owners with a thorough overview of energy statuses prior to repairs and retrofitting.

Read also - French Startup Kamino Retail Secures €1.25m Pre-Seed Round Funding

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Lucas Christel, co-founder and Managing Director of Operations at Purpose Green said, "We provide them with the best possible data overview and support them in the planning, implementation and handling of all relevant energy-related construction and renovation measures. Financing on this scale, and in such a short period of time in the current market environment, confirms that we have created an offering that meets immense demand and contributes to solving current problems in the European construction industry,”.

Read also - London-based Fintech Startup Apron Raises $15M Series A Funding

About Purpose Green

Complete solution to handling ESG for the long run and renovating the energy sector. converting buildings into sustainable assets, providing energy-saving enhancements, green financing and incentives, and complete, continuous ESG monitoring. ensuring value over time, a smaller environmental effect, and comfort for asset managers and property owners.

Read also -  AI Platform Machine Discovery Secures £4.5M in Funding

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