Root Global, a Berlin, Germany-based startup that provides a climate operating system for the food & beverage industry, raised €8m in seed funding.
The round was led by Point Nine, with participation from Project A, HelloWorld, and Arc Investors.
The company intends to use the funds to expand operations and its development efforts.
Led by Maurice Hensl and Eric Oancea, Root Global provides the RootOS platform, which helps companies across the food system manage their climate footprint and reduce GHG emissions.
Since launching the platform in October 2023, the company has onboarded some of Europe’s biggest Food & Beverage players, including the largest dairy plant in Europe and the largest fast-food chain in the world. Through them, the system work with over 10k farmers in helping them manage and reduce millions of tons of CO2e.
FinSMEs
22/08/2024