Climate-Tech Start-Up EcoNetix secures 7-digit Seed Investment Round

In March 2024, the Vienna based climate-tech start-up EcoNetix secured a 7-digit seed investment round comprising lead investor Voltares Ventures, Persistent and asc impact.

EcoNetix develops a data-driven tech solution for monitoring and tracking CO2 savings (dMRV) and is building a global carbon credit portfolio. With local partners, EcoNetix develops and certifies large-scale reforestation, coastal restoration, and renewable energy projects in Africa. According to consulting powerhouse McKinsey & Company the CDR market is expected to grow substantially in the next years and could be worth up to $ 1.2 trillion by 2050.

“Our mission is to save 100 million tons of CO2eq by 2030 and bring back trust into the carbon market” say managing directors Jakob Zenz (Founder and CEO) and Paul Nimmerfall (Co-Founder and COO), adding “the carbon market was rightly criticized in the past for lacking transparency, we have started EcoNetix to change that”. David Salzgeber (Co-Founder and CTO) specifies that “being able to gather live data from very remote places is a real game changer. Through our tech solution we collect huge amounts of data via satellites, on-ground sensors, cameras, and weather stations. This ensures high-quality carbon credits”.

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