Zug-based green energy startup, Plan-B Net Zero, and its subsidiary Mühlheim am Main, dedicated to advancing renewable energy solutions and hastening the shift to a low-carbon future, have successfully closed a €9.2 million Series A investment. The funding, spearheaded by Switzerland’s Yamato Capital AG and supported by its community since inception, marks a significant step in the company’s pursuit of sustainable energy initiatives.
In the wake of a global energy crisis that has underscored the need for transformative solutions, Plan-B Net Zero joins the ranks of innovative startups seeking positive change in the energy sector. Notable counterparts, including myenergi, Innova, and Modo Energy, have also recently secured funding for their endeavors.
With this infusion of capital, Plan-B Net Zero aims to expedite its growth trajectory, bolstering its workforce, establishing new partnerships, and fortifying its national and international footprint.
Founded in 2021 by Bradley Mundt, PLAN-B NET ZERO specializes in the development and implementation of sustainable energy solutions. Initially concentrating on photovoltaics, the company plans to diversify into wind energy, biomass, and hydrogen projects. Offering comprehensive services to industrial, trade, and private consumers, the company covers everything from facility planning, construction, financing, and operation to energy storage, charging infrastructure, and heat pump solutions through its intelligent management software.
“This financing round underscores the escalating demand for sustainable solutions and reflects our investors’ dedication to an environmentally friendly future. We are delighted with this vote of confidence,” says Bradley Mundt, Founder and Head of Strategy of PLAN-B NET ZERO. Mundt asserts that their goal is to become the first greentech company serving the entire value chain in the renewable energy sector, from project development to electricity marketing.
By Proptechbuzz
By Ravi Kumar
