Plan A, a Berlin, Germany-based automated SaaS B2B startup, closed $10 million (nearly €8.6M) in Series A.
The round was led by HV Capital, joined by Netherlands-based Keen Venture Partners, existing investors French VC Demeter and German VC Coparion doubled down on their seed investment.
Plan A aims to further develop its platform and expand internationally, planning to open offices in London, Munich, Paris, and other international hubs. It aims to become a fully global company in the next three years while the local teams continue to grow exponentially.
Company: PlanA.Earth GmbH
Raised: $10.0M
Round: Series A
Funding Month: November 2021
Lead Investors: HV Capital
Additional Investors: Keen Venture Partners, French VC Demeter, and German VC Coparion
Company Website: https://plana.earth/
Software Category: Decarbonisation platform
About the Company: Founded in 2017, Plan A Berlin-based Greentech startup developing an end-to-end platform that enables companies to measure, monitor, and reduce their environmental footprint and improve their ESG performance. Plan A already has international clients such as BMW, Société Générale, JOKR, Apax, and the European Union. These clients already use and rely on Plan A’s software for complex carbon accounting and ESG measurement and improvement. Plan A’s customers not only rely on its SaaS solution but also count on the company’s scientific roots and carbon accounting team consisting of international scientists, researchers, and experts in emissions accounting, carbon reduction, sustainability, and lifecycle analysis.
Source: https://siliconcanals.com/news/startups/softbank-greentech-plan-a-funding/