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  • Munich-based RegTech company pioneers carbon intensity tracking for industrial products.
  • The €1.3M pre-seed funding round led by Revent and Vireo Ventures will enhance technological development and market penetration.
  • Atmen's innovative technology simplifies and accelerates the official carbon intensity certification process for EU industrial producers. The company starts with hydrogen and e-fuels.

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 The investment will accelerate Atmen's mission to support the official certification process by replacing outdated, manual, unpredictable  processes with a streamlined, automated approach.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.”

Automated processes supporting certification for a greener industry


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.

Supporting the transition to a low-carbon economy

"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.

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 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

About Revent:

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

About Vireo Ventures:

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 -

3.6.2025

Atmen Secures €5M Seed Round to Power Europe’s Industrial Resilience Through Data-Driven Certification

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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.

Industry expertise drives practical solutions

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.

Building European competitiveness in a changing world

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.

Strengthening industry through transparency

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.

28.5.2025

Atmen Named First Compliance Technology Provider for CertifHy EU RFNBO Voluntary Scheme

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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.

The Solution: Automating RFNBO Compliance

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.

The Partnership: A Strategic Step for Certification

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.”

Neutral Tech for Multi-Scheme Interoperability

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.

What Happens Next

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.”

For more information: 

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.

Turn the complex process of green certification into a simple, reliable, automated exercise.

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