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Glacier lures top-class investors
The Viennese climate protection startup Glacier led by the two co-founders Andreas Tschas and Rainhard Fuchs secured an investment worth millions for its further growth and expansion to Germany. The lead investor in the latest round of financing is First Climate of Germany, a climate protection service provider offering solutions in the fields of CO₂ management and renewable energy supply for companies and public sector clients.
In the last round of financing held in December 2021, the climate education startup already attracted € 1.7 million in fresh capital within the context of pre-seed financing. Now, more than one year later, a seed financing round took place which also involved millions in investments. A precise amount was not disclosed. However, now First Climate and the startup plan to jointly press ahead with Glacier’s entry into the German market. The fresh capital will primarily be devoted to the further development of the learning platform, offering comprehensive online courses ranging from basic know-how to special topics such as ESG reporting.
- Learn more about Startups in Austria
United Micro Develops 5G Modem Chips in Austria for IoT
High-frequency microchips are manufactured in Linz, Upper Austria, a RF chip development hotspot for mobile telephony and radar.
Deep Tech Startup Godot Inc. opened a research and development hub in Austria02. November 2023
Godot Inc. was established in July 2022 in Kobe, Japan as a DeepTech Startup focusing on behavioural change for good. As an impact startup, Godot aims to address the cognitive limitations that people commonly face. Individuals frequently encounter difficulties in making optimal decisions due to constraints in cognition and the decision-making processes.