The regulation tech company Atmen has developed an IoT and SaaS platform that enables manufacturers of energy-intensive goods to certify their production more efficiently. The solution simplifies the process of proving the use of renewable energy – with a focus on hydrogen and e-fuels. The solution also enables companies to create digital product passports, quantify their carbon emissions, and obtain government-approved certificates. The startup's goal is to replace outdated, manual, and unpredictable certification processes with a streamlined, automated approach.
Atmen was founded in early 2023 by Flore de Durfort, Quentin Cangelosi and Erika Degoute, then under the name Point TwelveUnder this name, the startup also won the Munich Startup Special Prize at the Bits & Pretzels startup fairAtmen has now successfully completed its pre-seed round, raising €1.3 million. The round is led by Revent, with co-investment from Vireo Ventures. UnternehmerTUM and various angel investors are also participating.
“Atmen’s solution has the potential to become the industry-leading standard”
Henrik Grosse Hokamp, Partner at Revent, says:
"We are delighted to lead Atmen's financing round. Decarbonizing industry is one of the most pressing challenges of our decade. Unless carbon intensity is continuously tracked and certified, manufacturers cannot demonstrate their target achievement, and product decarbonization cannot be promoted."
Flower of Durfort, co-founder and CEO of Atmen, explains:
"We are at a turning point in how industry verifies its sustainability efforts. Hydrogen and e-fuels are a core part of industrial decarbonization, but they are also the first energy-intensive products where the pressure and complexity of demonstrating and certifying decarbonization are so acute."
And Sven Heilitag, Partner at Vireo Ventures, adds:
"Tracking and certifying carbon intensity is one of the biggest pain points in scaling the green hydrogen economy, and we believe Atmen's solution has the potential to become the industry-leading standard in this area. Once achieved, it offers tremendous potential to become a new, category-defining player in the certification of all low-carbon products."
