Econetix
Overview
Econetix is a global asset manager specializing in high-integrity carbon projects, aiming to remove over 1 billion tons of CO2 by leveraging advanced technology and nature-based solutions. Founded in 2023 by Jakob Zenz and Dr. Paul Nimmerfall, the company is headquartered in Vienna, Austria, and has raised €4.5 million in seed funding. With offices in Abu Dhabi and Kampala, Econetix operates across several continents, focusing on bridging the net-zero gap through scalable carbon projects.
Recent Developments
- September 2025: Econetix participates as a key partner in the GREEN PEAK FESTIVAL in Vienna, focusing on sustainability leadership and the role of the carbon market in driving climate action.
- August 2025: The Vienna-based Climate Tech company announced a strategic collaboration with HRE Development in the UAE to implement net-zero real estate development, demonstrating a pioneering initiative in the region.
- April 2025: Econetix closed a €4.5 million seed funding round, which is one of the largest early-stage climate-tech financings in the DACH region. This funding will accelerate its expansion in Europe, the Middle East, and Africa, enhancing their climate impact.
- April 2025: Econetix enters a partnership with HRE Development to advance sustainable real estate in Dubai, integrating high-quality carbon solutions that promote sustainable development.
- March 2025: In Uganda, Econetix is working closely with President Museveni to explore carbon market collaboration, aiming to leverage the country’s potential for carbon removal projects to enhance sustainability.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2023 |
| Headquarters | Vienna, Austria |
| Founders | Jakob Zenz, Dr. Paul Nimmerfall |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | Voltares Ventures, Persistent, ASC Impact |
| Industry | Environmental Services |
| Number of Employees | 11-50 |
Early History
Econetix was founded in 2023 by Jakob Zenz and Dr. Paul Nimmerfall. Jakob Zenz, with a background in investment banking and entrepreneurial ventures in Uganda, was driven by the vision to connect sustainable finance with impactful climate projects. His co-founder, Dr. Nimmerfall, brought expertise in carbon markets and climate law, contributing to the company’s mission to build transparent and efficient carbon markets. From its inception, Econetix has focused on integrating digital tools with environmental strategies, developing data-driven platforms for carbon management that cater to emerging markets like Africa and the Middle East.
Company Profile and Achievements
Econetix operates as a leader in the carbon credit market, focusing on both nature-based and technologically advanced solutions to reduce global carbon emissions. The company's unique business model involves:
- Project Development: Managing end-to-end carbon projects, from initiation to the sale of credits.
- Technology Utilization: Employing digital monitoring, reporting, and verification (dMRV) processes to ensure transparency and efficacy in carbon credit projects.
- Global Reach: Already impacting markets in Africa, with significant projects in reforestation, mangrove restoration, and renewable energy.
- Partnerships and Collaborations: Forming strategic alliances with local governments and private sectors for widespread climate impact.
Current Operations and Market Position
Currently, Econetix is focused on scaling its operations in Europe, the Middle East, and Africa, with projects that aim at both carbon reduction and enhancing socio-economic development. They are actively engaged in reforestation and restoration projects in countries such as Tanzania, Kenya, Angola, and Congo. The company leverages its proprietary tech-driven platform to solidify its market position, emphasizing reliability and integrity in its carbon asset management. Econetix's competitive advantage lies in its combination of technological innovation and collaborative projects that maximize impact across different regions.
Conclusion
Econetix stands as a dynamic player in the carbon credit and climate tech industry, driven by a mission to significantly reduce global CO2 emissions. As the company scales its projects and establishes deeper partnerships in strategic locations, its impact in achieving net-zero targets appears promising. With continued innovation and expansion, Econetix is positioned to serve as a pivotal entity in the transition towards a sustainable future. In the coming years, the company's contributions to the carbon market may significantly shape how carbon credits are perceived and utilized globally.