# Eco2Grow

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/eco2grow

- Industry: Renewable Energy
- Headquarters: Bonn, Germany
- Website: http://www.eco2grow.com
- Total disclosed funding: $4.3M
- Latest round: Seed (May 13, 2024)
- Investors on record: 4

## About

Established in 2021 and based in Bonn, Germany, Eco2Grow GmbH provides sustainable and reliable access to green energy to mid-sized companies. In July 2024, Eco2Grow GmbH raised an undisclosed amount of seed funding co-led by new investors neoteq Ventures and NRW Bank, with participation from individual investors.

Eco2Grow GmbH offers electricity contracts designed to meet the specific needs of mid-sized companies. The company sources power directly from new solar and wind farms in Germany. This ensures transparency and eliminates the common pitfalls associated with greenwashing, purchasing certificates from abroad, or offsetting, allowing clients to achieve their climate goals. Eco2Grow's contracts provide a safety net, mitigating risks that could otherwise endanger businesses. Moreover, the company allows seamless integration with existing electricity supply contracts, eliminating obstacles like long durations and high costs. The user-friendly platform enables companies to compare different purchasing strategies.

The company plans to use the December 2023 funding to support its expansion.

## Funding rounds

- Seed, May 13, 2024, $4.3M — Techstars, Vireo Ventures, NRW.Venture, neoteq Ventures

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Vireo Ventures (https://capitalatlas.ai/funds/vireo-ventures) — Seed
- NRW.Venture (https://capitalatlas.ai/funds/nrw-venture) — Seed
- neoteq Ventures (https://capitalatlas.ai/funds/neoteq-ventures) — Seed