SQUAKE, a climate tech startup based in Berlin, has raised €3.5 million in funding to enable travel and logistics players to make more sustainable choices. The funding round was led by Simon Capital, with participation from Schenker Ventures, Rivus Capital, Neosfer, and Backbone Ventures. The funds will be used for technology R&D and operational hires to meet the growing demand of customers and fuel growth in strategic markets. SQUAKE is solving the lack of knowledge among decision-makers in all areas to make more sustainable purchasing decisions. The startup powers accurate carbon calculations and provides tangible compensation for travel and logistics emissions. With one single API, it blends seamlessly into any digital infrastructure to make precise carbon calculations for all types of travel and logistics activities. SQUAKE bridges the gap in emission awareness across these industries, triggering information-based decision-making by shining a spotlight on more sustainable choices. SQUAKE focuses mainly on carbon removal through its portfolio by connecting customers with established partners globally, including sustainable aviation fuels, direct carbon capture, and reforestation providers. Through this rigorously qualified network of partners, SQUAKE makes meaningful climate action accessible to everyone.
SQUAKE secures €3.5M funding to support sustainable travel and logistics choices in Berlin
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