Atmen Secures €5 Million in Funding for Groundbreaking Hydrogen Certification Platform
Key Ideas
- Atmen, a Germany-based company co-founded by French entrepreneurs, raises €5 million in funding to support its platform for certifying the origin of energy production, including hydrogen.
- The company's innovative solution offers real-time data collection for accurate verification, particularly beneficial for energy-intensive products like hydrogen and renewable fuels.
- Atmen's system, involving over 70,000 data points per year for certification, connects all stakeholders in the supply chain, ensuring transparency and integrity.
- The latest funding round of €6.3 million is led by key investors and business angels, showcasing confidence in Atmen's approach to revolutionize energy certification processes.
Atmen, a company founded in Germany in January 2023, has recently secured €5 million in funding for its groundbreaking hydrogen certification platform. Co-founded by three French entrepreneurs, Atmen focuses on guaranteeing the green certification of energy production by processing supply chain data in real-time, unlike traditional methods. The latest funding round, totaling €6.3 million, was backed by investors like Revent and Vireo Ventures, as well as notable business figures including former CEOs of TÜV SÜD and ThyssenKrupp. This financial boost will enable Atmen to deploy its platform effectively, ensuring manufacturers can certify the origin of their production accurately, especially for energy-intensive products such as hydrogen and renewable fuels. The company's unique system is highlighted in the certification of low-carbon ammonia, where processing vast amounts of data is crucial to verify product origin and environmental impact. Atmen's platform connects stakeholders across the supply chain seamlessly, providing transparency and integrity. This development signifies a shift towards more efficient and reliable certification processes in the energy sector, with a focus on sustainable practices. Overall, Atmen's innovative approach and recent funding showcase a positive outlook for the future of energy certification, particularly in the realm of hydrogen and renewable fuels.