Hamburg-based climate tech company repath, which offers a SaaS solution for energy companies to manage climate risks and reporting, has raised €3.6 million in a seed funding round led by Lightbird and Greencode Ventures.
Founded in 2021 at the University of Hamburg by Dr. Thomas Remke, Julius Pröll, Sebastian Bartels, and Liza Altena, repath offers a climate risk and adaptation platform designed for comprehensive asset-level analysis of energy infrastructure. The platform utilizes scientific data to identify specific vulnerabilities, helping energy companies adapt to climate change.
Repath plans to use the €3.6 million funding to develop its technologies and strengthen its market position. The capital will focus on expanding the team to enhance asset impact assessments and develop its adaptation AI Co-Pilot, helping customers improve the climate resilience of their energy infrastructure.
The LEXR deal team was led by Stephan Meyer and Michele Vitali, with support from Lars Fidan.
