# Climate Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/climate-labs

- Industry: Environmental Services
- Headquarters: Berlin, Germany
- Website: www.klima.com
- Total disclosed funding: $18M
- Latest round: Series A (Jul 15, 2021)
- Investors on record: 5

## About

Climate Labs GmbH is a Berlin-based company that develops an innovative app to help users measure, reduce, and offset their carbon footprint, promoting sustainable practices across diverse populations.Climate Labs GmbH, founded in 2019 in Berlin, Germany, focuses on climate action through its unique application. The company has successfully engaged in 3 funding rounds, with the latest being a Series A round on July 15, 2021, where it raised EUR 10 mn led by Keen Venture Partners. The firm is co-founded by Andreas Ehrlich, Andreas Pursian, Jonas Brandau, and Markus Gilles, who also serves as CEO.Klima’s primary offering is a comprehensive app designed to empower users in combating climate change. This application provides individuals and organizations with tools to measure, reduce, and offset their carbon footprint effectively, serving a diverse clientele that includes environmentally conscious consumers and businesses focused on sustainability.In the most recent fiscal year, Climate Labs GmbH reported revenue of EUR 897,973.50 with an EBITDA of EUR -3,105,134.10, highlighting the financial dynamics as the business continues to scale its operations.Following its Series A funding round in July 2021, Climate Labs GmbH plans to utilize the EUR 10 mn raised to expand its business-to-business offering and enhance its market presence in the U.S. and the DACH region, aiming for significant growth in these areas.

## Funding rounds

- Series A, Jul 15, 2021, $12M — Headline, HV Capital, Keen Venture Partners, 468 Capital, Blue Impact
- Seed, Aug 12, 2020, $5.8M — Headline, HV Capital, 468 Capital

## Investors

- Headline (https://capitalatlas.ai/funds/headline) — Seed, Series A
- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Seed, Series A
- 468 Capital (https://capitalatlas.ai/funds/468-capital) — Seed, Series A
- Keen Venture Partners (https://capitalatlas.ai/funds/keen-venture-partners) — Series A
- Blue Impact (https://capitalatlas.ai/funds/blue-impact) — Series A
