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Frankfurt, Germany – September 3, 2024 – Tenity is proud to announce the selected startups for the Joint Innovation Accelerator Program for Sustainable Finance by Commerzbank in collaboration with Tenity and neosfer.
This initiative aims to evaluate and accelerate a potential collaboration with Commerzbank through an organized and efficient process in Frankfurt.
The selected startups represent a diverse range of innovative approaches. Each brings a unique solution in various sustainability areas such as biodiversity/climate data, real estate/renovation management, supplier management, and corporate mobility.
IKOSIA | Germany
Improving energy efficiency for greater sustainability. They offer an all-in-one platform for comprehensive renovation measures.
VREED | Germany
Vreed makes digital technologies applicable to everyone involved in the real estate market and brings digital building twins to life.
Novo | Germany
Novo provides an overview of where a building stands today in terms of energy efficiency and where it can be taken in the future.
Deedster | Sweden
Accelerates business by connecting and engaging audiences and employees with sustainability data, insights, and actions.
Carployee(Pave Commute) | Austria
An app for employees that recognizes and rewards sustainable commuting. It can be used to find carpools, participate in team challenges, and celebrate colleagues.
KIRI | UK
The mission of Kiri is to accelerate the adoption of sustainable behaviours and drastically change the approach to sustainability by creating a community offorward-thinking consumers and brands.
Veridion | Romania
Veridion offers comprehensive business data enrichment for private companies, delivering accurate classification and real-time insights for procurement, insurance,market intelligence, and more.
EIVEE | Denmark
EIVEEcalculates CO2 emissions with market-leading precision across scope 1, 2 and 3.They deliver industry-leading data quality for company’s entire carbon footprint.
Pelt8 | Switzerland
Efficient sustainability reporting across all standards. The solution ensures compliance,audit-ability, and significant cost savings. It supports CSRD, TCFD, and GRI,and offers a modular approach.
Fuchs&Eule | Germany
Fuchs &Eule encourage as many homeowners as possible to make their homes energy efficient. To achieve this, they combine energy expertise with digital innovation, believing that now is the time to act to combat the climate crisis.
Bettina Storck, Head of Group Sustainability Management at Commerzbank says:“Sustainability is an integral part of our strategy, our aim is to become a net zero bank by 2050 at the latest. Both new ideas and innovative approaches help us advance this topic, particularly in the area of sustainable finance. We’re pleased to support the Joint Innovation Accelerator Program for Sustainable Finance and look forward to collaborating with the selected start-ups to bring expertise and innovation together”
According to Kai Werner, together with Matthias Lais, Managing Director of neosfer: “With their innovative, sustainable business models the selected start-ups undoubtedly have the potential to drive the sustainable transformation in the financial sector. We are very much looking forward to supporting them with our experience as an innovation unit and our broad network in the coming weeks“
Andreas Iten, CEO & Managing Partner at Tenity, adds “we are thrilled to partner with Commerzbank and neosfer in launching this innovative accelerator program. The selected startups are at the forefront of sustainable finance, each contributing unique and impactful solutions. Through this collaboration, we aim to drive significant advancements in sustainability within the financial sector, fostering a future where finance and environmental responsibility go hand in hand"
This program includes sessions and events uniquely tailored to enable collaborations, from open exchanges, to use case definition, PoC road map preparation, PoC validation, fundraising, growth hacking, as well as pitch training. The program will conclude with Demo Day on 30 October 2024 at the Impact Festival in Frankfurt, Europe’s largest B2B community for sustainable innovation organized by neosfer.
Register for the Demo Day through the Impact Festival website and discover more about these cutting-edge solutions firsthand.
Commerzbank is the leading bank for the German Mittelstand. In addition, the Bank is astrong partner for around 25,500 corporate client groups and almost 11 million private and small-business customers in Germany. The Bank’s two Business Segments – Private and Small-Business Customers and Corporate Clients – offer a comprehensive portfolio of financial services. Commerzbank transacts approximately 30% of Germany’s foreign trade and is present internationally inmore than 40 countries in the corporate clients’ business. The Bank focusses on the German Mittelstand, large corporates, and institutional clients. As part of its international business, Commerzbank supports clients with a business relationship to Germany, Austria, or Switzerland and companies operating in selected future-oriented industries. In the Private and Small-Business Customers segment, the Bank is at the side of its customers with its brands Commerzbank and comdirect: online and mobile, in the advisory centre, and personally in its branches. Its Polish subsidiary mBank S.A. is an innovative digital bank that serves approximately 5.7 million private and corporate customers, predominantly in Poland, as well as in the Czech Republic andSlovakia.
neosferis the early-stage investor and innovation unit of Commerzbank Group. It investigates future technologies that are relevant to business and society,promotes and develops sustainable, digital solutions, and brings them profitably to the bank and its customers. All of this is done through the three areas of invest, build, connect. It creates access to innovation through strategic venture capital (invest), in-house development of technologies and business models (build) and building ecosystems around the sustainable and digital future of society (connect).
With a portfolio of more than 30 digital and sustainable startups, neosfer has always kept its eyes on the future and is continuously developing. Some successful prototypes have already emerged from this and are being used in the Commerzbank Group. These include Lissi, which develops EUDI wallet connectorsas part of the eIDAS 2.0 regulation and was the first independent start-up tobe founded by neosfer. Through its own events, such as the monthly tech startup event series "Between the Towers" and the Impact Festival, the company strengthens its network in the innovation, venture and sustainability sectors.
neosferGmbH, or neosfer for short, is a wholly owned subsidiary of Commerzbank AG based in Frankfurt am Main.
Tenity is the leading global innovation ecosystem and early-stage investor, with offices in Zurich, Singapore, Tallinn, Madrid, London, and Istanbul. Tenity's vision is to shape the future of finance by bringing together ambitious founders with leading companies, investors, and mentors. Today, Tenity isactive in six hubs, conducts innovation programs for companies in more than 15 countries, has collaborated with more than 65 corporate partners, and has supported more than 1,600 startups through its programs.