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Matthias Schmittmann
Entrepreneur and Angel Investor
Matthias Schmittmann is a German entrepreneur and company scout, known for his extensive experience in the startup industry and expertise in empowering German startups to scale globally. He co-founded the industrial tech startup "bentekk", where he developed a smart gas measurement device to increase workers' safety at oil and gas refineries. During his time at bentekk, Matthias acquired state funding and venture capital, expanded globally, and eventually exited to the German corporation Dräger.
Matthias's educational background includes an MBA in Entrepreneurship from NIT Northern Institute of Technology Management, a Master of Science in Chemical and Bioprocess Engineering from Technische Universität Hamburg-Harburg, and a Bachelor of Science in Chemical Engineering from Technische Universität München.
Currently, Matthias is a Company Scout and Advisor at German Accelerator, where he leverages his experience to support German startups in scaling to the US and Asian markets. He also previously co-founded and managed 11k Ventures and worked as an Entrepreneur at Entrepreneur First. Matthias has also worked as an intern at NXP Semiconductors, Siemens, Olympus Europa Holding GmbH, and Aurubis AG.
Overall, Matthias Schmittmann's vast experience as an entrepreneur, company scout, and advisor demonstrates his passion for empowering startups and serving the greater business community.
Highlights
⚠️🇪🇺 Yesterday, the new EU methane regulation came into force which is an important day for our industry and us. Marius and I have been working hard with atmio over the past 1.5 years to help gas companies comply with the regulation and reduce methane emissions.
The short-term global warming effect of methane is ~85x worse than CO2, and methane is responsible for ~30% of global warming. Slashing methane emissions is the single fastest way to tackle climate change according to the UN Environmental Programme.
What does the new regulation mean? Starting today, energy companies, especially those in the natural gas sector, must implement strict measures to find, fix, and report their methane emissions. Existing market solutions cannot meet the new, complex requirements. Likewise, conventional gas measurement devices do not provide the necessary digital toolkit to efficiently document, implement, and report the measurements.
With atmio, we introduce a new, end-to-end solution that stands out in the market. Our solution, unlike any other, seamlessly integrates hardware and software to empower our clients. From field measurements to compliant reporting – all done digitally, without a single sheet of paper. Our platform is equipped with the necessary tools for automated reporting and efficient management of repair processes, making it easier for the industry to meet legal requirements while optimizing operations. This is a significant stride towards a more sustainable future and our vision of becoming the world's leading provider for measuring and managing greenhouse gas emissions.
In the comments, you will find a link to our current live webinar on the regulation and a comprehensive overview of deadlines, requirements, and inspections under the new EU directive.
Thank you so much Sadia Nowshin and Sifted for covering our funding news and shining more light on the importance to reduce methane emissions.
It was great speaking with you, Sadia, and thank you for a great article (link in comments).
