Cozero secures 6.5 million euros

Cozero secures 6.5 million euros for the further development of its emissions management software! With international investor support, the startup is driving its global expansion to help companies reduce their carbon footprint

Berlin, April 16, 2024 - Berlin-based ClimateTech startup Cozero has successfully closed a Series A financing round, raising 6.5 million euros. The financing was led by Kvanted Ventures and EnBW New Ventures (ENV), with support from NewAlpha Asset Management from France as well as various industry experts and advisors.

Focus on sustainability: Cozero drives the reduction of CO2 emissions

The funds will be used to drive Cozero's international expansion and the development of its emissions management software. This software is already being used by companies such as DMG MORI, Maersk and MOSOLF to measure and reduce their CO2 emissions.

The importance of effective emissions management solutions is underlined by the fact that only around 26% of companies that measure their CO2 emissions have science-based targets. Cozero helps companies improve their sustainability performance by helping them measure, report and reduce their emissions.

Our climate ERP provides sound technology that enables seamless emissions management and targeted control of the company and its resources.

Helen Tacke, CEO and co-founder of Cozero

Helen Tacke, CEO and co-founder of Cozero, emphasizes the role of solutions that help companies effectively manage their carbon footprint. Cozero's software offers features to measure, report and reduce CO2 emissions, enabling companies to align environmental improvements with business goals.

Founded in Berlin in 2020, Cozero offers CO2 management software solutions for companies. With its Climate Action Platform (CAP), Cozero provides tracking, reduction and reporting capabilities for corporate and product emissions. Industry leaders such as Maersk, DMG MORI and Vodafone are already using Cozero's services for their sustainability practices.