Klima Secures €10M in Series A Funding

April 21, 2022 | Berlin – Klima, a leading climate app empowering users to take immediate and quantifiable climate action, announced today that it has raised EUR 10m in its Series A funding and is launching its new B2B offering “Klima for Teams”. The round was led by Keen Venture Partners, with HV Capital, Headline, 468 Capital, and Adjacent joining the round, marking the biggest Series A in the fast-growing market of consumer climate apps.

The new investors join some of Berlin's best-known tech entrepreneurs, including Pitch founder Christian Reber, Wooga founder Jens Begemann, Blinkist co-founder Niklas Jansen, and Tier Mobility founder Lawrence Leuschner with his Blue Impact fund, who are already invested in Klima, signalling the trust of the ecosystem into the company.

Headquartered in Berlin, Klima was founded in 2019 by Markus Gilles, Jonas Branau, and Andreas Pursian-Ehrlich, who combined a long-standing commitment for social and environmental causes with a decade’s experience in consumer technology. They created Klima to make holistic climate action easy, effective and accessible for everyone.

Klima allows users to calculate their personal carbon footprint quickly and easily. Users can then offset their emissions by funding certified climate projects with a customised subscription, and further reduce their footprint through personalised tips, climate education and detailed impact data that encourage lasting and high impact lifestyle changes. By focusing on both, offsetting and reduction, Klima combines immediate impact with sustainable transformation. With active members in over 70 countries and one of the highest retention rates in the consumer app space, Klima has built a loyal global community over the last year.

Today’s newly launched B2B offering “Klima for Teams” enables companies to embed personal climate action into their team culture by sponsoring Klima memberships for their workforce, advancing climate literacy, promoting CO2 reduction, and offsetting employees' personal emissions. With a fast growing number of companies increasing their ESG commitments in light of the climate crisis, Klima for Teams allows companies to include and benefit each employee in these efforts and move from an organisational to a cultural change.

Markus Gilles, CEO and Co-Founder of Klima, said: “We are excited about the journey ahead, especially the launch of “Klima for Teams”. Companies can play a huge role in the culture shift that the climate crisis is demanding. We are seeing many companies that embrace this and want to include their employees into their climate strategy. This allows them to turn climate action from an accounting topic into daily lived culture. We look forward to supporting companies on that journey, with our expertise in user experience, our focus on quantifiably impact, and especially with such strong partners by our side.”

Briehan Burke, Principal at Keen Venture Partners, commented: “The Klima team already had incredible success in supporting individuals on their path to reducing their carbon emissions. As companies are taking on more social responsibility and are looking for ways to answer employees’ calls to partake in the fight against climate change, Klima’s B2B offering provides an impactful way to unite their workforce behind the climate cause, and show existing and future employees that their values are aligned.”

Jan Miczaika, Partner at HV Capital added: The climate crisis is humanity's biggest and urgent challenge. Millions want to take action but don’t know how. Klima has created a tool that is making immediate and quantifiable action available to everyone. The app stands out through its holistic feature set and leading the field with outstanding and engaging product design. Bringing this experience to teams of all sizes, allows companies to supercharge their climate efforts and is an obvious step to take. We look forward to Klima’s growth journey and to being part of this incredible mission.”

With insufficient action from governments to keep global warming at 1.5 degrees, and the fact that 72% of CO2 emissions are addressable by consumer behaviour, individual action has a massive untapped potential to help close the “emissions gap”. Klima’s mission is to unleash that potential by removing barriers and empowering millions to act as a united force for the planet. Collectively, the Klima community has already taken more than 70,000 tonnes of CO2 out of the atmosphere, equivalent to 300 million kilometres driven in an average gasoline car. Klima plans to use the fresh funds to increase its climate impact further by building out the new B2B platform, investing in community growth and app improvements, and expanding its presence in the US and DACH region.

ABOUT KLIMA - Klima is a social startup from Berlin, with a growing team of mission-driven designers, engineers, marketeers, and changemakers from five continents, united by one goal: making a measurable dent in the fight against global warming. Klima’s app helps individuals to take holistic and effective climate action from the palm of their hand. Klima was founded in 2019 by Markus Gilles, Jonas Brandau and Andreas Purisan Ehrlich. The app launched in December 2020. klima.com