Hamburg-based atmio, a pioneering climate tech startup, has secured €5.1 million in a seed round aimed at transforming how natural gas companies monitor and mitigate methane emissions. Led by Notion Capital with participation from SquareOne, HCVC, Robin Capital, and notable angel investors including Bernhard Mohr and David Rowan’s VOYAGERS Climate-Tech Fund, this funding marks a significant milestone for atmio in its mission to combat climate change.
Methane, a potent greenhouse gas with over 80 times the global warming potential of carbon dioxide over a 20-year period, is a critical target for reduction efforts worldwide. atmio’s innovative approach addresses the inefficiencies of traditional methane leak detection and management processes prevalent in the natural gas industry. Co-founded by Matthias Schmittmann and Marius Krüger, atmio offers an integrated operating system that streamlines the detection, repair, and reporting of methane leaks, ensuring compliance with stringent EU regulations.
The atmio platform combines advanced hardware such as handheld and stationary monitors with a sophisticated mobile app and management dashboard. This seamless integration enables natural gas operators to identify and address methane leaks swiftly and accurately, reducing environmental impact while optimizing operational efficiency. By digitizing and automating these processes, atmio empowers companies to proactively manage their methane emissions, aligning with the EU Methane Strategy and other global regulatory frameworks.
Matthias Schmittmann, CEO of atmio, emphasized the urgency of their mission: “Reducing methane emissions is paramount to mitigating climate change. Our platform not only helps natural gas operators comply with regulations but also drives substantial environmental benefits. For instance, we’ve already prevented methane equivalent to 160 flights from Germany to the Maldives with a single leak detection.”
Co-founder Marius Krüger highlighted atmio’s ambitious vision: “We aim to become the global leader in greenhouse gas management, starting with natural gas companies. By leveraging our technology, we estimate we can prevent billions of tonnes of CO2 emissions and capture significant economic value from methane that would otherwise be lost.”
The EU’s recent Methane Strategy underscores the growing pressure on energy sector players to adopt robust methane monitoring and reporting practices. With atmio’s solution, natural gas operators gain a comprehensive toolset to meet these evolving regulatory demands while advancing environmental stewardship.
Kamil Mieczakowski from Notion Capital expressed confidence in atmio’s potential: “We are thrilled to support atmio in their mission to drive meaningful change in methane emissions management. The team’s deep industry expertise and innovative approach position them well to lead this critical sector.”
Charlotte Baumhauer, Investment Manager at SquareOne, echoed the sentiment: “atmio’s technology couldn’t come at a more crucial time. As regulations tighten, their integrated hardware and software solution offers a practical, scalable way for natural gas companies to address methane emissions effectively.”
With this latest funding round, atmio plans to accelerate its market expansion across Europe, enhance product development efforts, and bolster its engineering and customer success teams. As the global focus on methane emissions intensifies, atmio stands poised to redefine industry standards and contribute significantly to environmental sustainability. Source: Eustartups.
Conclusion: This news article integrates the latest funding announcement from atmio with contextual information about its technology, impact, and strategic importance in addressing methane emissions in the natural gas sector. It highlights key quotes from company leaders and investors to provide insights into atmio’s vision and market position.
