HomeGermanyzero44 Closes €2.5M Financing Round

zero44 Closes €2.5M Financing Round

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zero44
Nils Obermann and Friederike Hesse

zero44, a Berlin, Germany-based SaaS startup for CO2 management of merchant ships, raised €2.5M in funding.

The round was led by Atlantic Labs, with participation from Starthub Ventures and Bernhard Schulte Innoport, as well as several business angels from the logistics and shipping industry.

The company intends to use the funds to further develop its software, acquire new customers and expand the team.

Founded in 2022 by CEOs Friederike Hesse and Nils Obermann, zero44 helps shipping companies, ship managers and charterers plan and optimize their CO2 emissions. With its solution, shipping companies receive a comprehensive and daily updated overview of their CO2 emissions, the necessary EU certificates and the corresponding cash flow. In addition, users can purchase certificates via the platform and transfer them to contractual partners.

In its first year of existence, the company has been able to win customers and partners, including MPC Container Ships as a development partner and MariApps Marine Solutions as a distribution partner.

FinSMEs

30/05/2023

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