Planeteers, a leading startup in the field of carbon capture and storage (CCS), today announced that it has successfully closed a significant single-digit million seed funding round.
In addition to the continued participation of existing investors, BonVenture, Smart Energy Innovationsfonds AG from Energy 360° AG, and ClimaNow joined the investor group.
Planeteers will use the funds to further develop its innovative advanced ocean alkalinity enhancement technology, aimed at efficiently removing CO2 from point sources and producing mineralized water.
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This funding will enable the company to scale its operations, expand its team, and accelerate its market entry.
“We are thrilled to have the support of such reputable investors,” said Florian Birner. “This investment is a testament to the potential of our technology to make a significant impact on climate change.”
“The vision of Planeteers is a world where natural processes are used to combat climate change. This means reducing carbon emissions and actively removing them from the atmosphere, which will restore the delicate balance of our planet’s ecosystem. We were immediately impressed by this vision. Additionally, we are confident in the experienced founding team’s capability to successfully implement this vision. We are proud to invest in a company that not only addresses CO2 sequestration but also presents a solution to counteract ocean acidification.” – Christof Signer, Investment Manager at E360°.
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“We welcome Planeteers to the ClimaNow portfolio! The strong and passionate team, as well as the potential of their enhanced weathering solution to remove megatons of CO2 permanently and cost-effectively, have convinced us to invest in them at an early stage. Florian Birner, Florian Brinkmann, Jens Hartmann, and Frank Rattey, we look forward to being on an exciting and challenging Carbon Dioxide Removal (CDR) journey together over the coming years!” – Nathalie Moral, CEO ClimaNow.
“I am thoroughly impressed by the dedication, professionalism, and expertise of the founders, Florian, Frank, Jens, and Florian. Their capabilities have convinced us that they will transform their innovative technology into a market-leading solution for combating climate change. With Planeteers, they have created a remarkable opportunity to make a significant impact on carbon sequestration in the near future. We are excited to be a part of it.” – Anna Sophie Blistein, Partner at BonVenture.
