MoFo News Item

Morrison & Foerster Advises ESG Platform PlanA.Earth GmbH in Financing Round

11 Mar 2021

Morrison & Foerster advised PlanA.Earth GmbH, a Berlin-based B2B startup providing automated CO2 monitoring services, in connection with the platform’s $3 million financing round.

With the help of Plan A's software, companies can measure their ecological footprint and thus improve their ESG (environmental, social and governance) ratings. The financing will be used towards improving Plan A's carbon emissions and ESG management software for corporate clients in Europe and for international expansion. Some estimates put the market for emissions management solutions to between $10 billion and $26 billion over the next five years.

The MoFo deal team was led by Dr. Angela Kerek, Partner (Finance), Dr. Monika Eva Obal, Senior Associate (Corporate/M&A), and Christin Fieber, Senior Associate (Employment & Labor). 

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