Purpose Green Secures €3.3 Million to Revolutionize Building Sector Decarbonization

In a significant stride towards combating climate change, the German climate technology firm, Purpose Green, has successfully secured €3.3 million in financing in a funding round led by Speedinvest and Atlantic Labs. This substantial investment will accelerate Purpose Green’s mission to decarbonize the building sector and transform properties into sustainable, green buildings.

Purpose Green, under the guidance of Co-Founder & Managing Director Operations Lucas Christel, offers an innovative platform that specializes in energy retrofits and long-term ESG (Environmental, Social, and Governance) management. The platform simplifies the entire decarbonization process, providing property owners, managers, and asset managers with a comprehensive suite of tools, all conveniently accessible from a single source.

The journey to decarbonization begins with Purpose Green’s cutting-edge technology, which records all pertinent property data and creates a digital 3D twin of the building. This digital representation grants property owners a holistic view of their property’s energy status. Purpose Green’s team of energy consultants, construction managers, and experts then collaboratively plan and execute the necessary energy-related construction and renovation measures. This streamlined approach positions Purpose Green as a “one-stop-shop” for building sector decarbonization.

With this fresh influx of funds, Purpose Green aims to expand its team by hiring ESG, climate, and building experts. Furthermore, they plan to strengthen their presence across Germany and continually enhance their service and support offerings. This strategic move aligns perfectly with the company’s vision of a more sustainable and eco-conscious future for the real estate and construction industries.

Purpose Green’s commitment to sustainability and innovation is poised to have a profound impact on the building sector. As climate change continues to loom large, Purpose Green’s platform represents a crucial step forward in the global effort to reduce carbon emissions and create more environmentally responsible buildings. With this significant financing round, Purpose Green is primed to lead the charge towards a greener, more sustainable future in the building sector.