# Planeteers

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

- Industry: Environmental Services
- Headquarters: Hamburg, Germany
- Website: www.planeteers.de
- Latest round: Seed (Jul 25, 2024)
- Investors on record: 3

## About

Planeteers GmbH, based in Hamburg, Germany, specializes in innovative carbon capture and storage solutions, focusing on CO2 conversion into mineralised water to address environmental challenges.Planeteers GmbH is engaged in developing advanced carbon capture technologies. Established in 2022 and headquartered in Hamburg, Germany, the company was co-founded by Florian Birner and Jens Hartmann. With one significant deal recorded as of July 2024, they aim to support industries in meeting decarbonization targets.Planeteers specializes in advanced carbon capture and storage solutions, primarily focusing on the conversion of CO2 into mineralised water. This proprietary technology mimics natural processes to neutralize substantial amounts of CO2 using limestone, ultimately storing it in the ocean as hydrogen carbonate—a compound inherent to natural mineral water. The company aims to provide a scalable and cost-effective alternative to traditional carbon capture methods, targeting industries facing stringent decarbonization targets. Planeteers primarily serves businesses within sectors that require compliance with environmental regulations, including energy producers, manufacturing companies, and other heavy emitters of CO2. The geographical markets for these solutions span regions with significant industrial activities, particularly in Europe, North America, and parts of Asia, where climate policies necessitate effective carbon management strategies.Planeteers operates on a business-to-business model, engaging with clients through partnerships and direct transactions for its carbon capture technology. These transactions typically involve the sale of technology solutions that enable companies to reduce emissions and achieve regulatory compliance. Clients may enter into long-term agreements, allowing them to integrate Planeteers' carbon capture systems into their operations while committing to ongoing support and maintenance services. The pricing structure accommodates varying scales of operation, ensuring accessibility for both large enterprises and smaller businesses aiming for sustainability. This structured approach fosters a reliable revenue stream and reinforces the company's commitment to facilitating the transition to a low-carbon economy through effective, innovative solutions.On July 25, 2024, Planeteers GmbH secured seed funding from investors including BonVenture, Clima Now, and Smart Energy Innovation Fund, the details of which are undisclosed. The funding will be utilized to scale operations, expand the team, accelerate market entry, and further develop advanced ocean alkalinity enhancement technology. The company is planning to enhance its product line and strategically expand into new markets in Europe and North America by 2025.

## Funding rounds

- Seed, Jul 25, 2024 — BONVENTURE, Clima Now, Smart Energy Innovation Fund

## Investors

- BONVENTURE (https://capitalatlas.ai/funds/bonventure) — Seed
- Clima Now — Seed
- Smart Energy Innovation Fund (https://capitalatlas.ai/funds/smart-energy-innovation-fund) — Seed