Zug-based green energy startup PLAN-B NET ZERO announced that it has raised €9.2 million in its recently closed Series A financing round. The successful closing marks a significant milestone in the company’s mission to promote sustainable energy sources and accelerate the transition to a low-carbon future, the company announced via its subsidiary in Mühlheim am Main (Germany). The anchor investor is YAMATO CAPITAL AG from Switzerland. Additionally PLAN-B NET ZERO also has relied on the participation of its community from the outset.
“This financing round underlines the growing demand for sustainable solutions and demonstrates our investors’ commitment to an environmentally friendly future. We are very pleased with this vote of confidence,” said Bradley Mundt, founder and Head of Strategy of PLAN-B NET ZERO.
According to Mundt, PLAN-B NET ZERO has set itself the goal of being the first greentech company to serve the entire value chain in the renewable energy sector, from project development, construction and plant operation to the marketing of the electricity generated.
PLAN-B NET ZERO is focusing on all forms of renewable energy generation, starting with photovoltaics and, in future, wind energy and biomass. The first hydrogen projects are also to be launched in the near future.
Bradley Mundt added: “Our focus is on changing the way energy is generated and used. With this investment, we will accelerate our expansion plans by growing our team, forging new partnerships and strengthening our presence nationally and internationally.”
Founded in 2021 by Bradley Mundt, the company works to promote renewable energy worldwide and accelerate the transition to a low-carbon future. With a strong focus on innovation and technology, PLAN B NET ZERO strives to develop breakthrough solutions for sustainable energy production and use.
Read the orginal article: https://www.eu-startups.com/2023/12/swiss-startup-plan-b-net-zero-bags-e9-2-million-to-serve-the-entire-value-chain-in-the-renewable-energy-sector/
