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RootGlobal.io provides a data-driven climate strategy for food manufacturers to reach net-zero emissions. It collects verified data from agricultural operations, calculates corporate and product CO2 footprints, and identifies high-impact reduction levers while managing climate data across the organization. Its approach guarantees methodology compliance and models ten-year scenarios to pick the most significant reduction levers, targeting more than 80% emissions reduction. The goal is to help food and beverage manufacturers measure, plan, and reduce their climate impact to achieve net-zero.
Industries
Food & Agriculture
Data & Analytics
Consulting
Enterprise Software
Company Size
11-50
Company Stage
Seed
Total Funding
$11.6M
Headquarters
Berlin, Germany
Founded
2022
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Total Funding
$11.6M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Flexible Work Hours
In 2024, European tech companies across various industries raised over €1.1 billion in seed funding, marking a significant surge that is driving innovation and growth. Startups in sectors ranging from AI and clean energy to healthcare and fintech are securing early-stage capital to bring their groundbreaking technologies to market.As the European tech ecosystem matures, the growing flow of seed investments is positioning the continent as a key player in the global tech scene, with diverse industries benefiting from increasing investor support for transformative technologies. Given these trends, we can expect even more capital to flow into early-stage ventures, further shaping the future of industries across Europe.Here, we've highlighted 12 companies that successfully closed seed rounds in 2024, illustrating the dynamic and evolving landscape of European tech innovation.1. Cloover (Germany)Industry: FintechAmount raised in 2024: $114MCloover is a climate fintech company whose mission is to connect one billion people to renewable energy by simplifying access to sustainable technologies.Cloover's platform enables vendors to offer renewable energy services, such as solar panels, battery storage, EV charging, and heating pumps, on a subscription basis. This approach allows individuals and businesses to transition to renewable energy in a capital-efficient and risk-free manner.By integrating software, financing, and energy management solutions, Cloover streamlines operations across the entire renewables value chain, benefiting installers, manufacturers, energy providers, and consumers.In 2024, the company raised a $114 million seed round to fuel the growth of its operating system.2. Stargate Hydrogen (Estonia)Industry: EnergyAmount raised in 2024: €42MStargate Hydrogen is a company specializing in the production of green hydrogen through innovative alkaline electrolysers.By developing novel ceramic-based catalyst materials, they enhance the efficiency of the electrolysis process, aiming to reduce the cost of green hydrogen to €1 per kilogram
Root, a startup helping food and beverage companies get to net zero, announced they have raised an €8 million seed round, led by Christoph Janz at Point
German startup Root raises €8M to build the climate OS of the food industry.
31% of human-caused global greenhouse gas (GHG) emissions originate from the world’s agri-food systems. Today, carbon increasingly has a price tag attached to it - be it in the form of carbon tax, carbon allowances, voluntary carbon offsets or even just company-internal fees. Consumer-facing food brands struggle to see beyond their four walls and understand where and how their products’ emissions come to be. This is an issue for companies that want to lower their environmental footprint
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Industries
Food & Agriculture
Data & Analytics
Consulting
Enterprise Software
Company Size
11-50
Company Stage
Seed
Total Funding
$11.6M
Headquarters
Berlin, Germany
Founded
2022
Find jobs on Simplify and start your career today