Berlin-based SaaS startup zero44 closes €2.5 million to help maritime sector reduce CO2 emissions
Summary
Sustainable fuels will play an important role as a solution in the future, as will new types of ships, but these are not yet available in the short term and are very expensive. In order to help the maritime sector achieve its sustainability goals, zero44, a SaaS startup for CO2 management of merchant ships, announced a successful funding round of €2.5 million led by early-stage investor Atlantic Labs. Founded with the support of Flagship Founders, zero44’s technology can be deployed quickly and easily by companies, and they also benefit from the team’s expertise regarding the complex regulatory issues. The pressure from politics and legislation has increased massively, and for many companies this is a huge challenge,” said Friederike Hesse, co-founder and CEO of zero44. Christophe M. Maire, Founder and Managing Partner of Atlantic Labs, comments: “Decarbonization in shipping is an extremely important, promising field in which we want to invest more.