Planted raises one million euros

With its software, the Cologne-based start-up wants to help companies offset and reduce their CO2 emissions. Now investors are getting on board.

Greentech Planted raises one million euros in its pre-seed financing round. The capital comes from Neoteq Ventures and Smart Infrastructure Ventures. In addition, business angels Julius Göllner, Jochen Berger, Johannes Sass and Lucas von Fürstenberg are also investing in the startup. VC Rivus Capital is also participating in the financing round.

Cindy Schüller, Wilhelm Hammes, Heinrich Rauh and Jan Borchert founded Greentech 2021. The founders have developed decarbonization software to help companies offset and reduce CO2 emissions. It involves calculating employees' average carbon footprints and then using a subscription model to offset them by investing in global climate protection projects. In addition, Planted plants trees in Germany for each employee. The start-up says it now has 100 customers.

The company plans to use the new capital to further develop its decarbonization software. "The funding will enable us to develop an innovative software solution that allows companies to decarbonize from within," says co-founder Schüller. "In the process, every employee should take an active role and assume responsibility for a sustainable tomorrow."