Plan A, a Berlin-based SaaS B2B start-up, has raised three million US dollars in a funding round for its carbon management and ESG platform. The platform enables companies to measure, monitor and reduce their environmental footprint and therefore improve their ESG rating (Environment, Social, Governance investment criteria). The funding round was led by Demeter and Coparion. Softbank was involved as a strategic investor. The international law firm Taylor Wessing provided Demeter and Coparion with legal advice on the financing, led by Berlin-based partner Norman Röchert.
With the newly acquired capital, Plan A continues to develop its emissions and ESG management software for corporate clients in Europe and to expand further internationally. Plan A was founded in 2017 and has already acquired clients such as Société Générale, GANNI, AlbionVC, Vinci, BMW Foundation, BCG Digital Ventures and the Werder Bremen football club.
Demeter is a French venture capital firm, with offices in France, Germany, and Spain, specialising in investments in the field of ecological transformation and supporting companies at all stages of development. Coparion is a venture capital fund for up-and-coming technology companies based in Germany.
Legal advisors to Demeter and Coparion
Taylor Wessing Germany: Lead Partner Dr. Norman Röchert (Partner, M&A/Venture Capital), Dr. Gregor Schmid (Partner, Technology/Data Protection/IP), Volker Herrmann (Salary Partner, M&A/Venture Capital), Moritz Meyer-Bruhns (Associate, M&A/Venture Capital), Nico Jänicke (Salary Partner, Employment, Pensions & Mobility), Felix Paul (Professional Support Lawyer, M&A/Venture Capital), Eva Surowiecki (Associate, Technology, Media & Communications) Dr. Christian Ahrendt (Senior Associate, M&A/Venture Capital) Dr. Oliver Hieke (Associate, Employment, Pensions & Mobility), all Berlin