atmio
atmio is a technology company.
Financial History
atmio has raised $5.0M across 1 funding round.
Frequently Asked Questions
How much funding has atmio raised?
atmio has raised $5.0M in total across 1 funding round.
atmio is a technology company.
atmio has raised $5.0M across 1 funding round.
atmio has raised $5.0M in total across 1 funding round.
Atmio is a Hamburg-based technology company developing an all-in-one operating system for the oil and gas sector to detect, fix, and report methane emissions using integrated hardware and software.[1][2][3] It serves natural gas operators, such as storage and distribution network companies like Crystal, EWE, LSW, and Netze BW, solving the problem of manual leak detection and repair (LDAR) processes by automating compliance with EU methane regulations, reducing shutdown times, and enabling 10x faster operations with full data integration.[2][6][7] Launched in 2023, atmio has shown strong growth momentum, raising €1.3 million in pre-seed funding that year and €5.1 million in a seed round in May 2025 (totaling around $6.9M), securing pilot projects turned long-term contracts in Germany, and expanding its team of about 10 to add at least five more roles in early 2025.[1][5][6]
Atmio was founded in 2023 by co-founders Matthias Schmittmann (CEO) and Marius Krüger (COO), both with deep oil and gas expertise.[1][6] Schmittmann, an engineer with a master's from TU Hamburg and NIT, previously built gas detector startup bentekk in 2013, which developed portable devices for detecting carcinogenic substances and exited to Dräger, a global safety tech leader.[1][6] Krüger, a repeat founder, spent years at BP, gaining operational insights.[1] The idea emerged from industry pain points in methane leak management amid rising regulations, building on their hardware and sector experience to create a digitized LDAR platform; early traction came via German pilots with major operators, leading to paid contracts.[6][7]
Atmio rides the methane emissions reduction trend in energy transition, where natural gas bridges renewables but faces strict EU rules on leaks—a potent greenhouse gas 80x more warming than CO2 short-term.[4][6] Timing aligns with 2024/1787 regulation mandating LDAR, flaring/venting controls, and annual reporting, creating a billion-euro market opportunity as operators digitize to avoid penalties.[2][6][7] Favorable forces include Germany's gas industry pillar status (taxes, jobs, tech) and global push for net-zero; atmio influences by enabling efficient compliance, fostering sustainable practices, and positioning natural gas as cleaner via tech like theirs.[4][6]
Atmio is primed for scaled growth, targeting German dominance before international expansion with fresh seed capital and proven pilots.[1][6] Upcoming EU deadlines will drive adoption, while team growth and product enhancements (e.g., broader sensor integration) fuel momentum toward global leadership in emissions management.[1][4][7] Trends like AI-driven analytics and OGMP alignment could amplify their edge, evolving atmio from regional innovator to essential climate tech player in oil/gas decarbonization—building directly on founders' exit-proven playbook for long-term impact.[1][6]
atmio has raised $5.0M in total across 1 funding round.
atmio's investors include Backed VC, Notion Capital, Playfair Capital.
atmio has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in June 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2024 | $5.0M Seed | Backed VC, Notion Capital, Playfair Capital |