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The funding will expand Atmen’s platform, helping industrial producers certify product origins and ensure supply chain integrity.
Munich, Germany – May 03, 2025 - Atmen (atmen.co), the company automating sustainability certification for industry, today announced a €5M seed funding round, led by Project A. Existing investors Revent and Vireo Ventures also participated, alongside notable angel investors including former TÜV SUD CEO Axel Stepken, Former CEO and serial Board member in tech environments including ThyssenKrupp, Martina Merz, and serial founder Christian Vollmann, an early investor in Trivago and SumUp. This brings Atmen’s total funding to €6.3M.
In an era of fierce global competition, European industrial companies face a dual challenge: creating a market advantage through sustainability leadership while ensuring global competitiveness.
The critical need for Atmen's solution becomes clear when examining Europe's fertiliser supply chain. Ammonia, an essential component for food security across the continent, is a prime example. While the EU imported approximately 25% of its fertilisers from Russia in 2024, valued at over €2.2 billion, the transition to low-carbon ammonia faces a fundamental verification challenge. Since a molecule of ammonia looks identical regardless of production method, this transition requires robust certification systems that can process over 70,000 data points annually to verify product origins and environmental credentials. This is precisely where Atmen comes in.
While traditional approaches rely on periodic sampling and yearly estimates, Atmen’s platform ingests granular, real-time operational data directly from industrial processes. This integration into industrial workflows streamlines compliance for energy-intensive products like hydrogen and renewable fuels, enabling companies to prove product composition and material origins with unprecedented certainty. By digitising certification processes, Atmen enhances traceability while reducing complexity, a crucial advantage for European industry navigating the energy transition.
Atmen was founded in January 2023 by Flore de Durfort, Quentin Cangelosi, and Erika Degoute, who met working at the renowned energy company E.ON. They identified a critical problem: despite its growing importance for market access, product certification still relied on outdated, manual processes - error-prone paperwork and scattered spreadsheets that couldn't handle today's complex supply chains and data requirements.
The team combines energy market expertise with robust technical capabilities. Atmen’s flagship product, 'Automate,' is already in use across industrial sites in 9 countries and working with five leading certification bodies, including TÜV NORD.
As Europe navigates complex trade tensions with the US, energy dependency on Russia, and manufacturing competition from China, traditional certification methods are failing due to their paper-based, labour-intensive processes. Cross-border transactions now require detailed certification of product origins and sustainability credentials, overwhelming systems designed for simpler supply networks. Atmen connects everyone involved, from producers and traders to auditors and certification labels, in a single system. This replaces scattered spreadsheets and siloed audits with continuous data monitoring and tracking tools that validate each product’s specifications and origins. Atmen’s approach also aligns with the EU Clean Industrial Deal, which outlines concrete actions to turn decarbonisation into a driver of growth for European industries.
With this €5 million funding, Atmen plans to expand beyond hydrogen, renewable and low-carbon fuels to certify a wider range of energy-intensive goods, including steel, chemicals, and fertilisers - sectors where proving product characteristics is essential for market access and decarbonisation. The team will also strengthen connections with regulators and certification schemes while launching tools that help companies track environmental impact and meet evolving regulations, which are increasing scrutiny on product sustainability claims.
As supply chains face growing pressure from geopolitical shifts and energy transitions, reliable product certification becomes essential for European businesses. Atmen's platform builds trust in product claims by raising the standard from periodic sampling to comprehensive data analysis - all while simplifying the process for manufacturers.
The platform helps companies navigate certification requirements, optimising their supply chains for both compliance and commercial goals. Atmen achieves this through advanced modelling tools that clarify decision-making and provide supply chain visibility.
Atmen is already working with industry leaders, including Lhyfe, Schneider Electric, and Energy & Regulation Partners. The team, currently at 11 employees, will expand to support the company's ambitious growth trajectory.
"European industries need reliable ways to verify products across borders and supply chains," says Flore de Durfort, CEO and co-founder of Atmen. "We're simplifying and scaling product certification, turning a traditional bottleneck into a competitive advantage. Our platform acts as a data infrastructure layer on top of industrial supply chains, processing complete operational datasets while reducing complexity. With Europe’s limited access to fossil fuels, the transition to renewable energy requires stronger systems to verify clean energy products - that’s precisely what we’re building.”
"In a world where industrial competitiveness depends on traceable, low-carbon supply chains, Atmen is building the digital backbone that turns complex production inputs into compliant, market- and export-ready products," says Mila Cramer, Principal at Project A.
About Atmen
Atmen (atmen.co) is a regulatory technology company providing the data infrastructure that powers trusted certification of industrial products. Atmen focuses on automating certification and enabling large-scale, verifiable supply chain transparency across energy-intensive industries. Founded in January 2023 by energy and regulation experts Flore de Durfort, Quentin Cangelosi, and Erika Degoute, Atmen has raised €6.3M to date to build technology that certifies industrial goods, starting with clean fuels. Headquartered in Munich, the company's platform is deployed across industrial sites in 9 countries, automating certification workflows and enabling verifiable proof of product attributes throughout the supply chain.
About Project A
Project A (project-a.com) is one of the leading early-stage tech investors in Europe with offices in Berlin and London. In addition to $1bn assets under management, Project A commands the largest VC platform team in Europe: 100 functional experts exclusively support the portfolio companies in key areas of growth such as software engineering, business intelligence, data engineering, recruiting, sales and marketing. The venture capital firm was founded in 2012 and has backed more than 120 startups. The portfolio includes companies such as Trade Republic, Black Semiconductor, Quantum Systems and sennder.
The funding will expand Atmen’s platform, helping industrial producers certify product origins and ensure supply chain integrity.
Munich, Germany – May 03, 2025 - Atmen (atmen.co), the company automating sustainability certification for industry, today announced a €5M seed funding round, led by Project A. Existing investors Revent and Vireo Ventures also participated, alongside notable angel investors including former TÜV SUD CEO Axel Stepken, Former CEO and serial Board member in tech environments including ThyssenKrupp, Martina Merz, and serial founder Christian Vollmann, an early investor in Trivago and SumUp. This brings Atmen’s total funding to €6.3M.
In an era of fierce global competition, European industrial companies face a dual challenge: creating a market advantage through sustainability leadership while ensuring global competitiveness.
The critical need for Atmen's solution becomes clear when examining Europe's fertiliser supply chain. Ammonia, an essential component for food security across the continent, is a prime example. While the EU imported approximately 25% of its fertilisers from Russia in 2024, valued at over €2.2 billion, the transition to low-carbon ammonia faces a fundamental verification challenge. Since a molecule of ammonia looks identical regardless of production method, this transition requires robust certification systems that can process over 70,000 data points annually to verify product origins and environmental credentials. This is precisely where Atmen comes in.
While traditional approaches rely on periodic sampling and yearly estimates, Atmen’s platform ingests granular, real-time operational data directly from industrial processes. This integration into industrial workflows streamlines compliance for energy-intensive products like hydrogen and renewable fuels, enabling companies to prove product composition and material origins with unprecedented certainty. By digitising certification processes, Atmen enhances traceability while reducing complexity, a crucial advantage for European industry navigating the energy transition.
Atmen was founded in January 2023 by Flore de Durfort, Quentin Cangelosi, and Erika Degoute, who met working at the renowned energy company E.ON. They identified a critical problem: despite its growing importance for market access, product certification still relied on outdated, manual processes - error-prone paperwork and scattered spreadsheets that couldn't handle today's complex supply chains and data requirements.
The team combines energy market expertise with robust technical capabilities. Atmen’s flagship product, 'Automate,' is already in use across industrial sites in 9 countries and working with five leading certification bodies, including TÜV NORD.
As Europe navigates complex trade tensions with the US, energy dependency on Russia, and manufacturing competition from China, traditional certification methods are failing due to their paper-based, labour-intensive processes. Cross-border transactions now require detailed certification of product origins and sustainability credentials, overwhelming systems designed for simpler supply networks. Atmen connects everyone involved, from producers and traders to auditors and certification labels, in a single system. This replaces scattered spreadsheets and siloed audits with continuous data monitoring and tracking tools that validate each product’s specifications and origins. Atmen’s approach also aligns with the EU Clean Industrial Deal, which outlines concrete actions to turn decarbonisation into a driver of growth for European industries.
With this €5 million funding, Atmen plans to expand beyond hydrogen, renewable and low-carbon fuels to certify a wider range of energy-intensive goods, including steel, chemicals, and fertilisers - sectors where proving product characteristics is essential for market access and decarbonisation. The team will also strengthen connections with regulators and certification schemes while launching tools that help companies track environmental impact and meet evolving regulations, which are increasing scrutiny on product sustainability claims.
As supply chains face growing pressure from geopolitical shifts and energy transitions, reliable product certification becomes essential for European businesses. Atmen's platform builds trust in product claims by raising the standard from periodic sampling to comprehensive data analysis - all while simplifying the process for manufacturers.
The platform helps companies navigate certification requirements, optimising their supply chains for both compliance and commercial goals. Atmen achieves this through advanced modelling tools that clarify decision-making and provide supply chain visibility.
Atmen is already working with industry leaders, including Lhyfe, Schneider Electric, and Energy & Regulation Partners. The team, currently at 11 employees, will expand to support the company's ambitious growth trajectory.
"European industries need reliable ways to verify products across borders and supply chains," says Flore de Durfort, CEO and co-founder of Atmen. "We're simplifying and scaling product certification, turning a traditional bottleneck into a competitive advantage. Our platform acts as a data infrastructure layer on top of industrial supply chains, processing complete operational datasets while reducing complexity. With Europe’s limited access to fossil fuels, the transition to renewable energy requires stronger systems to verify clean energy products - that’s precisely what we’re building.”
"In a world where industrial competitiveness depends on traceable, low-carbon supply chains, Atmen is building the digital backbone that turns complex production inputs into compliant, market- and export-ready products," says Mila Cramer, Principal at Project A.
About Atmen
Atmen (atmen.co) is a regulatory technology company providing the data infrastructure that powers trusted certification of industrial products. Atmen focuses on automating certification and enabling large-scale, verifiable supply chain transparency across energy-intensive industries. Founded in January 2023 by energy and regulation experts Flore de Durfort, Quentin Cangelosi, and Erika Degoute, Atmen has raised €6.3M to date to build technology that certifies industrial goods, starting with clean fuels. Headquartered in Munich, the company's platform is deployed across industrial sites in 9 countries, automating certification workflows and enabling verifiable proof of product attributes throughout the supply chain.
About Project A
Project A (project-a.com) is one of the leading early-stage tech investors in Europe with offices in Berlin and London. In addition to $1bn assets under management, Project A commands the largest VC platform team in Europe: 100 functional experts exclusively support the portfolio companies in key areas of growth such as software engineering, business intelligence, data engineering, recruiting, sales and marketing. The venture capital firm was founded in 2012 and has backed more than 120 startups. The portfolio includes companies such as Trade Republic, Black Semiconductor, Quantum Systems and sennder.
Automating Compliance for a Seamless Certification Process
Rotterdam, Netherlands – May 27, 2025 – Atmen and CertifHy today announced a strategic partnership, signed during last week's World Hydrogen Summit in Rotterdam, which names Atmen as the first officially recognised Compliance Technology Provider (CTP) for the CertifHy EU RFNBO Voluntary Scheme. This collaboration seeks to establish a streamlined digital infrastructure for producers to operationalize, document, and demonstrate compliance efficiently.
Atmen’s compliance platform simplifies and digitizes the certification process, ensuring economic operators can efficiently meet regulatory requirements. By integrating live compliance modeling, document generation, and emissions tracking, the platform eliminates complexity and allows operators to focus on production while staying aligned with evolving regulations. As a designated CTP, Atmen ensures full compatibility with the CertifHy EU RFNBO Voluntary Scheme, making compliance more transparent and accessible.
CertifHy, founded in 2014, is a frontrunner in the certification of renewable hydrogen and e-fuels. It operates schemes like the EU RFNBO Voluntary Scheme to help economic operators demonstrate compliance with the EU’s strict sustainability rules regarding the origin of renewable electricity. By formally recognising Atmen as a CTP, CertifHy enables a more efficient certification pathway that eliminates bottlenecks and improves communication between economic operators, certification bodies, and regulators.
“Operators will see major bottlenecks disappear,” said Flore de Durfort, CEO and Co-Founder of Atmen. “With this partnership, we create a clear communication chain and a trusted source of interpretation. Atmen and CertifHy share a vision of bringing certification into a more user- and system-friendly practice.”
Atmen’s platform is designed for neutrality, ensuring seamless integration across multiple certification schemes. While its recognition as a CTP by CertifHy underscores its alignment with EU RFNBO requirements, its broader interoperability potential offers economic operators a unified system for managing compliance across evolving sustainability frameworks.
The collaboration is already in motion, addressing key compliance questions such as carbon input validation, virtual PPA eligibility, and downstream emissions reporting. Atmen and CertifHy will continue refining the integration of certification processes into the Atmen platform, ensuring alignment with future regulatory updates and industry needs.
“Recognising Atmen as a CTP allows us to streamline how market participants interact with our scheme,” said Matthieu Boisson, Managing Director at CertifHy. “Digital infrastructure is essential for scaling certification without sacrificing rigour, and this partnership gives us both speed and consistency.”
About CertifHy: Founded in 2014, CertifHy is a frontrunner in the realm of renewable hydrogen and e-fuels’ certification, providing a comprehensive suite of tools to empower stakeholders engaged in the energy transition. It operates two schemes — the CertifHy EU Renewable Fuels of Non-Biological Origin (RFNBO) Voluntary Scheme and the CertifHy Non-Governmental Certificate (NGC) Scheme — which aim to verify the sustainability and origin of renewable and low-carbon hydrogen and its derivatives. CertifHy also offers precertification, which familiarizes companies with the data collection and documentation processes required for official certification, and an in-house e-learning platform — CertifHy Academy — to equip Economic Operators and Certification Bodies with the expertise needed to navigate the complex landscape of hydrogen certification. It fosters collaboration through its Stakeholder Platform, which invites representatives of the industry, government, and academia to shape the future development of hydrogen certification systems. Together, CertifHy’s robust certification schemes and knowledge-building resources pave the way for a cleaner energy future.
About Atmen: Atmen (atmen.co) is a regulatory technology company providing the data infrastructure that powers trusted certification of industrial products. Atmen focuses on automating certification and enabling large-scale, verifiable supply chain transparency across energy-intensive industries.
Founded in January 2023 by energy and regulation experts Flore de Durfort, Quentin Cangelosi and Erika Degoute, Atmen builds technology that ingests granular operational data to enable the certification of industrial goods, starting with clean gases and fuels. Headquartered in Munich, the company's platform is deployed across industrial sites in 9 countries, automating certification workflows and enabling verifiable proof of product attributes throughout the supply chain.
Rueil-Malmaison, France – January 29, 2025 – Schneider Electric, the leader in the digital transformation of energy management and automation, and Atmen, an integrated compliance and green certification platform provider, have partnered to advance digital solutions for sustainability compliance and traceability in power-to-X (PtX) supply chains.
With operations in over 100 countries, Schneider Electric is renowned for maximising energy efficiency and driving sustainable development through innovative digital technologies. Atmen specialises in simplifying and automating green certification for producers of hydrogen and e-fuels, enabling compliance with sustainability regulations in a seamless and efficient manner.
The collaboration will integrate Schneider Electric’s advanced digital platforms with Atmen’s certification technology to enhance cybersecurity, data quality, and operational fluidity.
To support sustainability compliance across PtX industries, the partnership will develop a standardized solution combining Atmen’s software expertise with Schneider Electric’s technology.
“This collaboration unites Schneider Electric’s world-class expertise in energy management and automation of complex industrial sites with Atmen’s specialisation in energy and sustainability regulation, operational compliance, and green certification,” said Flore de Durfort, CEO, Atmen. “Together, we bring complementary strengths—Schneider Electric’s leadership in data security and cybersecurity and Atmen’s expertise in data-driven industrial asset operations—to deliver a solution that simplifies compliance, enhances traceability, and supports the energy transition at scale.”
At Schneider Electric, we contribute to a cleaner, brighter future by offering solutions that facilitate the lowest cost of hydrogen, achieved through competitive pricing of renewable electricity, optimized design and the implementation of secure monitoring and control systems.
“Atmen’s innovative approach to green certification adds critical value to our mission of driving the digital transformation of Green Hydrogen and PtX projects,” said Philippe Arsonneau, SVP Infrastructure Segment, Schneider Electric. “By combining forces, we are ensuring that PtX supply chains have the tools they need to meet stringent sustainability requirements while enhancing operational efficiency.”
This partnership highlights the shared commitment of Schneider Electric and Atmen to drive the energy transition and accelerate the adoption of sustainable, traceable practices across entire PtX value chains.
Key Highlights:
Nantes (France) and Munich (Germany), 20 January 2025, 7:30 AM: Lhyfe (Euronext: LHYFE), a pioneering producer and supplier of green and renewable hydrogen for industry and mobility, and Atmen, an integrated compliance automation platform, have decided to collaborate to set a new standard of excellence in carbon footprint traceability and transparency within the hydrogen and Power-to-X (PtX) sectors.
Lhyfe, on the Path to RFNBO* Certification
Since its creation, Lhyfe has strived to meet the highest ecological standards for its hydrogen. It had been eagerly awaiting the approval by the European Commission of the first “RFNBO” (Renewable Fuel of Non-Biological Origin) certification schemes for renewable hydrogen. Following their publication in December 2024, Lhyfe has begun the necessary steps to obtain RFNBO certification for its production.
* The RFNBO certification confirms that hydrogen is produced sustainably (via water electrolysis) and from 100% renewable electricity. It includes a comprehensive carbon footprint assessment of this production process. The certification ensures compliance with the strict criteria defined by the European Union and adherence to the highest environmental standards, thereby strengthening trust among partners, clients, and investors.
With a commitment to maximum transparency and its rapid expansion in multiple European countries, Lhyfe sought to exceed current regulations even before obtaining its RFNBO certification. Thanks to its partnership with Atmen, Lhyfe now has a robust traceability system with unprecedented precision and granularity.
Each delivery of Lhyfe's green hydrogen can now be accompanied by a Digital Product Passport—an innovation that provides a complete and precise description of the carbon footprint of the hydrogen produced, including detailed information:
This collaboration starts with the production unit in Bouin (Vendée, France) and will be extended to other Lhyfe sites.
The company has also initiated steps to obtain RFNBO certification for hydrogen produced at its various sites. Once achieved, the digital passports will include the “RFNBO-compliant” label.
This partnership delivers unparalleled traceability and compliance for Lhyfe’s green hydrogen, equipping clients with the tools needed to align with their emission and decarbonisation goals transparently.
By combining Lhyfe’s expertise in renewable hydrogen production and Atmen’s advanced automation software, this partnership simplifies compliance with strict sustainability regulations such as RFNBO.
“Atmen is thrilled to partner with Lhyfe, one of the most innovative and fastest-growing hydrogen producers in Europe,” said Flore de Durfort, CEO of Atmen. “Together, we are setting a new standard in traceability, enabling the hydrogen sector to meet the strictest sustainability requirements with precision and transparency.”
“Our collaboration with Atmen is a major step in realising our commitment to transparency for our clients, both in terms of sustainability and traceability,” commented Antoine Hamon, Chief Operations Officer at Lhyfe. “With Digital Product Passports, we are enhancing trust in the sustainability of our hydrogen. We invite the sector to align with this practice, which will help develop the industry with the same spirit of trust.”
Lhyfe is a European group devoted to energy transition, and a producer and supplier of green and renewable hydrogen. Its production sites and portfolio of projects seek to provide access to green and renewable hydrogen in industrial quantities, and enable the creation of a virtuous energy model capable of decarbonising entire sectors of industry and transport.
In 2021, Lhyfe inaugurated the first industrial-scale green hydrogen production plant in the world to be interconnected with a wind farm. In 2022, it inaugurated the first offshore green hydrogen production pilot platform in the world.
In 2023, it inaugurated two new sites, and currently has several sites under construction or expansion across Europe.
Lhyfe is represented in 12 European countries and had 200 staff at the end of June 2024. The company is listed on the Euronext market in Paris (ISIN: FR0014009YQ1 – LHYFE). Lhyfe.com
Atmen simplifies and automates green certification for energy-intensive industries through its integrated compliance platform. Atmen enables producers to track renewable energy usage, carbon intensity, and supply chain sustainability with unparalleled precision. By automating complex workflows related to green compliance, Atmen helps industries meet regulatory requirements efficiently and transparently.
For more information, visit atmen.co
From among 29 selected companies pitching their solutions at the European Hydrogen Valleys Investment Forum in Riga on 5–6 September 2024, Atmen was chosen as one of the winners. This honour reflects both the innovation of our solution and the strength of our presentation. award underscores our dedication to excellence in regulatory solutions for hydrogen certification and beyond.
Read full article here on TechTour
Image credit: Courtesy of Tech Tour
Atmen is proud to announce its latest achievement as the winner of the coveted H2-Age Award at this year’s National Hydrogen Economic Forum. This recognition underscores Atmen’s pivotal role in advancing the hydrogen industry through innovative solutions.
Sponsored by the National Hydrogen Economic Forum, the BMW Group, Hamburg Invest, and the Renewable Energy Hamburg Cluster (EEHH), the H2-Age Award celebrates trailblazing start-ups that propel the hydrogen sector forward. The award spotlights outstanding innovations across the entire hydrogen value chain, supporting young companies poised to make significant impacts.
Atmen was honoured at the 3rd National Hydrogen Economic Forum in Hamburg on May 7, 2024, where the team not only received a €5,000 prize but also a trophy and the title of "Best Hydrogen Start-up 2024". The event provided a platform for Atmen to showcase its products to a distinguished audience, including industry leaders and innovators.
The decision was made by a distinguished panel of judges, including Dr. Stefan Kaufmann, Member of the German Bundestag and former Federal Government Commissioner for Hydrogen Innovation; Prof. Dr. Christopher Hebling, Director of International Affairs at the Fraunhofer Institute for Solar Energy Systems ISE; and Jan Rispens, Managing Director of Erneuerbare Energien Hamburg Clusteragentur GmbH (EEHH).
In his laudatory speech, Jan Rispens particularly emphasized the platform's high degree of digitalization and the relevance of the green certification topic for the sector. Atmen provides the ideal interface between legal and regulatory requirements for green hydrogen certification, including for the requirements of the European Commission in accordance with the RED II Directive, and the operational data flows during production, supply and use of green hydrogen. It turns a complex, tedious topic into a set of highly usable applications, derisking hydrogen projects development and operations.
"We are at a turning point in the way the industry verifies its sustainability efforts. Hydrogen and e-fuels are a core part of the industrial decarbonization, but also the first energy-intensive products where the complexity of proving and certifying decarbonization are so acute." commented Flore de Durfort, co-founder and CEO of Atmen.
Atmen continues to push the boundaries of technology and innovation in the hydrogen industry, committed to contributing to a sustainable and energy-efficient future.
Photo, from left to right: Heike Tipmonta, HIW Hamburg Invest (Sponsor), Anne Kleczka, BMW Group (Sponsor), Prof. Dr. Christopher Hebeling, FhG-ISE (Juror), Dr. Dominik Peller (Atmen), Flore de Durfort (CEO Atmen), Jan Rispens, EEHH (Juror und Sponsor), Nina Alswede, HIW Hamburg Invest (Sponsor), Stefan Kaufmann, MdB (Juror)
In a significant development for the hydrogen and e-fuels industry, TÜV NORD EnSys GmbH & Co. KG has partnered with Munich-based technology firm Atmen. This collaboration aims to assist hydrogen and e-fuels project developers in navigating the complexities of EU sustainability compliance and certification - a critical aspect of business operations even before supply chains are fully operational.
Central to this partnership is Atmen's "H2 Compliance Monitor", designed to enhance developers' understanding of EU green compliance requirements. By simulating energy flows and carbon intensity along the value chain, and assessing forecasted operational flows for compliance, the technology tool efficiently addresses compliance challenges and suggests a path for optimal supply chain design. As a result, a compliance report is generated. The tool is developed to save time and foster trust among offtakers, partners, public institutions and investors right from an early stage of project development.
TÜV NORD EnSys and Atmen will jointly market this product, combining Atmen's technological solution with TÜV NORD´s extensive knowledge and technical advisory services. TÜV NORD EnSys adds value to the partnership by collaborating on the H2 CRC methodology and offering additional services like tailored certification roadmaps and detailed energy simulation to the customers. This approach ensures a comprehensive strategy for achieving EU sustainability compliance.
Flore de Durfort, CEO of Atmen, commented on the partnership: "Working with TÜV NORD EnSys to offer our clients a sophisticated simulation, screening and optimization tool represents a significant step in our effort to reduce manual workloads. This collaboration allows our clients to better understand regulatory requirements, streamline their projects for sustainability, foster trust and accelerate projects path to Final Investment Decision (FID)."
Silvio Konrad, Chairman of the Management Board of TÜV NORD EnSys, also expressed satisfaction with the collaboration:"We are pleased to collaborate with Atmen, bringing together our expertise to assist customers from the early stages of hydrogen project development to operational execution. This partnership is about leveraging technology to embed the critical dimensions of compliance and potential certification in the engineering phases of hydrogen supply chains. It is about de-risking projects by building trust around their sustainability."
This partnership marks an important step forward in supporting sustainable practices within the hydrogen and e-fuels sector.
About Atmen
Atmen is a regulatory technology company based in Munich, Germany, innovating in carbon intensity certification automation.The company was founded by Flore de Durfort, Quentin Cangelosi and Erika Degoute in Munich in January 2023 with competence at the crossing of energy markets and policies and technology. With a focus on energy-intensive industries, Atmen’s platform is designed to facilitate large-scale, verifiable decarbonization processes. For more information, please visit www.Atmen.co
AboutTÜV NORD EnSys
TÜV NORD EnSys supports industries and the energy sector with testing services, technical assessments and studies in transformation processes for defossilisation, digitalisation and sustainability. The service portfolio for safe and efficient technical systems includes the areas of renewable energies, sector coupling, storage and grid infrastructures, Power-to-X and alternative energy sources such as green hydrogen and ammonia. TÜV NORD EnSys aims to further expand its presence in the hydrogen landscape nationally and internationally by joining forces with innovative companies and solutions for the digitalisation of the supply chain.
For more information, please visit www.tuev-nord.de
Photo: Flore de Durfort, CEO of Atmen, and Silvio Konrad, Chairman of the Management Board of TÜV NORD EnSys, signed the agreement in Essen. (Image: TÜV NORD)
- Edited on 6th of June 2024 to update Atmen's product name "H2 Compliance Monitor" -
MUNICH, Germany — January 16, 2024 — Atmen, a Munich-based regulatory technology company, announced a successful €1.3 million pre-seed funding round today. The round was led by Revent with co-investment from Vireo Ventures with participation from UnternehmerTUM and angel investors. Atmen, previously known as Point Twelve, harnesses IoT and SaaS to provide transparent, dynamic and automated carbon intensity tracking supporting the official certification process for energy-intensive industries. The company starts with hydrogen and e-fuels.
Atmen’s technology is poised to meet the surging demand for precise, scalable processes in support of certification, especially crucial for energy-intensive industries that contribute significantly to CO2 emissions. The investment will accelerate Atmen's mission to support the official certification process by replacing outdated, manual, unpredictable processes with a streamlined, automated approach.
“We are thrilled to lead Atmen's funding round,” said Henrik Grosse Hokamp, Partner at Revent. “Industrial decarbonization is one of the most pressing challenges of our decade. Unless carbon intensity is continuously tracked and certified, producers cannot prove their target achievement and product decarbonization cannot be incentivized.”
Atmen addresses a critical energy transition segment by focusing on hydrogen and e-fuels. The evolving EU regulations, including the Renewable Energy Directive mandating a 42% renewable hydrogen quota by 2030 and financial mechanisms like the EU Emissions Trading System and Carbon Border Adjustment Mechanism, are pushing industries towards greener alternatives. These regulations, along with potential penalties for not using sufficient synthetic fuels in sectors like maritime and aviation by 2030, create a compelling economic factor for industries to adapt.
Atmen recognizes the challenges of aligning with market demands and regulatory compliance. To tackle these issues, the company offers technology that enables producers to incorporate automated, streamlined processes to support sustainability certification right from the initial design phase of their products and supply chains. In addition, the company collaborates with industry partners to both promote Digital Product Passports as a norm for hydrogen and e-fuels and to enable compliance technologies.
Leading renewable hydrogen producer Lhyfe and TÜV NORD count among Atmen's key partners.
Digital Product Passports digitally record, process, and share product sustainability information among supply chain partners, authorities, and consumers. This initiative aims to help hydrogen and e-fuel producers comply with changing regulations and globally competing certification standards.
"We are at a turning point in how industries verify their sustainability efforts," remarked Flore de Durfort, Co-founder & CEO of Atmen. “Hydrogen and e-fuels are a core piece of industrial decarbonization, but also the first energy-intensive products for which the pressure and complexity to prove and certify decarbonization are so acute”.
“Carbon intensity tracking and certification processes are the biggest pain points in scaling the green hydrogen economy and we believe that Atmen´s solution has the potential to become the industry-setting standard in this field. Once achieved, this offers enormous potential to be a new category-defining player to support official certification of all low-carbon products.,” added Sven Heiligtag, Partner at Vireo Ventures.
With this funding, Atmen is well-positioned to deliver its cutting-edge automation platform to market, supporting the transition to a low-carbon economy.
Atmen is a regulatory technology company based in Munich, Germany, innovating in carbon intensity certification automation. The company was founded by Flore de Durfort, Quentin Cangelosi and Erika Degoute in Munich in January 2023 with competencies at the crossing of energy markets and regulation and technology. With a focus on energy-intensive industries, Atmen’s platform is designed to facilitate large-scale, verifiable decarbonization processes. For more information, visit www.atmen.co
Revent is an Impact VC fund investing in startups across Europe using technology to drive systemic change in climate, health, and economic empowerment sectors. With a hands-on approach, Revent empowers companies to combine purpose with profitability. Contact: Henrik Grosse Hokamp, henrik@revent.vc, www.revent.vc
Vireo Ventures is a Venture Capital firm that invests in European early-stage start-ups. The Vireo Electrification Fund invests in technology companies that seek to shape and benefit from accelerating the energy transition via decarbonized electrification, from renewable energy production, smart grids, and infrastructure all the way to applications in areas such as emobility, real estate, and industry. The founders of Vireo Ventures combine decades of experience with extensive networks in the energy industry and leverage their expertise when supporting portfolio companies. Contact: Matthias Engel, matthias@vireo.vc , www.vireo.vc
- Edited on 6th June 2024 for clarity -
We're elated to announce that the Cleantech Group has recognized Atmen (formerly Point Twelve) in their esteemed 2023 Cleantech #50toWatch list. This list highlights pioneering companies actively contributing to achieving #netzero with innovative and determined efforts. Being included in this prestigious group is a significant acknowledgment of our commitment to driving industrial decarbonization and integrating green certification into industrial processes, particularly in hydrogen production.
This accolade is a testament to the unwavering commitment and excellence of our team, bolstered by the invaluable support from our partners and stakeholders.
Discover more about us and other inspiring companies leading the way in the cleantech sector on the Cleantech #50toWatch list
Approximately 350 attendees from Germany and other nations gathered at Essen's Colosseum Theatre on 20 June 2023 for the inaugural HYDROVERSE CONVENTION. This event was centred on the burgeoning hydrogen market and emerging start-ups. A diverse program was presented to Europe's hydrogen sector, featuring 12 pitch presentations, an Expo showcasing 20 start-up exhibitors, 7 expert speakers, a keynote address, and two discussion panels.
The highlight of the convention was the presentation of the “HYDROVERSE CONVENTION Award”. Uwe Kerkmann, the Managing Director, alongside H2UB shareholders including OGE, RAG Stiftung, TÜV SÜD, and DLR, honoured the best pitch of the event. The award was claimed by Flore de Durfort from Atmen (previously Point Twelve), who captivated the jury with her innovative software. This software allows hydrogen producers to efficiently track the source of hydrogen, calculate carbon emissions, and secure officially recognised certificates for these efforts. The jury's evaluation criteria included technological excellence, practicality, the potential influence on the hydrogen economy, the calibre of the team, and the effectiveness of the presentation.
Atmen (formerly Point Twelve)) has earned a spot on the list of 15 climate software startups to watch, as nominated by investors. The company is recognised for its innovative approach in verifying the renewable source of energy used in hydrogen production. In a world where the majority of hydrogen is still produced using fossil fuels, Point Twelve's solution is a critical step towards realising hydrogen's potential as a sustainable fuel. Their technology not only assists producers in cutting costs but also plays a vital role in building trust in renewable energy sources.
GWF Edition 02-03/23 – Interview with Flore de Durfort, CEO of Point Twelve
“Everyone wants green hydrogen, but who or what guarantees that it’s “green”? Flore de Durfort is CEO of Point Twelve, the first start-up from the H2UB-Hydroverse that we are presenting in our series. Point Twelve has developed a solution to connect producers of hydrogen with providers of certificates. The goal is to qualify:
“green” hydrogen as reliably as possible. In the interview, Ms. de Durfort ex- plains how she wants to revolutionize the market for certificates with her company – and what green hydrogen actually is.”
Read the Full interview (in English)
Extract of GWF Edition 02-03/23 (in German)
Full GWF Edition 02-03/23 (in German, paid access)
As simple as it sounds, the question “what is green hydrogen?” has kept the European Commission, Parliament and industry busy in the past couple of years. This week, the European Commission published its long-awaited Delegated Acts. The first Delegated Act provides producers and investors with detailed rules describing how hydrogen and e-fuels can be certified as “green”. The second one details the methodologies to calculate the carbon content of renewable hydrogen along the value chain.
How can you show reliably that the hydrogen you produced is green – as per the EU’s definition of renewable hydrogen? If you don’t have any idea – we do. Book a demo to see how Atmen (previously Point Twelve) ’s solution helps you trace carbon, obtain certificates, and earn money and trust from it.
Read the Delegated Acts: https://ec.europa.eu/commission/presscorner/detail/en/ip_23_594
How to Strengthen “SciencePreneurship”? Point Twelve Energy’s CEO & Co-founder Flore de Durfort talks about this very topic at the #DLD23 conference in Munich along with panellists Markus Blume (Bavarian State Minister of Science and Art),
Helmut Schoenenberger (UnternehmerTUM), Daniel Wiegand (Lilium) and Antonella Mei-Pochtler (Chancellery of the Federal Government of Austria).
Everybody is talking about the colors of hydrogen – green to grey – however how do we actually make sure, what is what, when the outcome is always the same gas and similar to other energy sources we can have a mix in the supply chain with hydrogen, too.
Flore de Durfort, CEO of Atmen (formerly Point Twelve), knows how to. In the interview with journalist Anna Loll, the host of the podcast GLOBAL HYDROGENERATION, Flore explains how her company can help companies not only to decarbonize, but also to prove that they are decarbonizing – which is a difference!
Flore also points out how important regulation favoring climate change and decarbonization is to change the market and shares her personal journey, how she happened to become a startup leader instead of following a corporate career, and why magic happens, once you follow your passion.
Earlier this year, Atmen is born to provide hydrogen producers with the technology and tools to raise and achieve their decarbonisation ambitions. Atmen does this by building software to trace sustainability attributes, scale certification practices and automate compliance.
Decarbonizing our global economy counts amongst the top challenges of our time. Direct electrification can take us far on this path, but not all the way. For entire segments of our economy – steel, glass, cement, chemicals, fertilizers, shipping, aviation sectors known as “hard to abate” and responsible for about 22% of global greenhouse gas emissions, hydrogen is the most straightforward energy carrier to achieve decarbonisation. As such, hydrogen stands out as an incredibly important piece of the net zero emissions puzzle. Hence the attention boom for hydrogen in the previous year. In 2022 some 680 large-scale hydrogen project proposals, equivalent to USD 240 billion in direct investment through 2030, have been put forward worldwide – an investment increase of 50% since November 2021 (1).
It is only as clean as the energy used to produce and ship it. If produced and shipped with carbon-rich energy sources, hydrogen will not be a boon to net zero agendas. Hydrogen needs to be produced using carbon free processes in order to contribute to decarbonisation. What does this mean?
If produced through the electrolysis of water, carbon-free electricity needs to be used as the primary energy source. If produced from natural gas, carbon capture needs to effectively take place in the process.
Then comes shipping: as large shares of hydrogen are expected to be traded globally by 2030, the industry will have to make sure that shipping-related emissions do not stifle the benefits of resorting to hydrogen vs. fossil fuels.
(1) Source: Hydrogen Council & McKinsey Report, September 2022
The bottom line
If done right, hydrogen can accelerate real decarbonisation. According to the International Energy Agency (IEA), hydrogen has the potential to avoid up to 80 GT of carbon emissions by 2050. Yet, if done wrong, hydrogen could slow down the energy transition. This chemical engineering reality is the main reason for regulatory complexity being created around the topic of hydrogen. Governments and businesses are only interested in hydrogen to the extent that it enables decarbonisation. Therefore they need to make sure that the hydrogen turn is taken right.
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Designed By The Sourdough