Methane is a powerful greenhouse gas, emitted from a variety of anthropogenic and natural sources. Its presence in the atmosphere affects the earth's temperature and climate system. Over a 20-year period, it is 80 times more potent at warming the Earth than CO2.
With methane emissions accounting for 30% of current global warming, more than 100 countries worldwide committed to a significant reduction of methane emissions by 2030, establishing methane reductions as a “low-hanging fruit” in climate change mitigation. While emission reduction technologies are well established - especially for the oil & gas industry, one key bottleneck to methane reductions is the little amount of reliable emissions data that is available on the global scales of methane-emitting assets.
Germany-based startup, Orbio Earth, is building a solution to monitor global Oil & Gas methane emissions at an asset-level and thus making methane emissions transparent and actionable on a global scale. Co-founders, Robert Huppertz and Jack Angela are purpose-driven and intentional about climate impact.
“Although there is no silver bullet in the fight against climate change, we believe that the global deployment of groundbreaking technologies like satellite-based methane monitoring, can move the needle on climate action while solving real world customer problems and we are excited to have, with Satgana, a strong and committed partner on our side to do exactly that!”
- Robert Huppertz, CEO & Co-Founder of Orbio Earth
By offering data that enables better decision-making, they aim to help the Oil & Gas, and other methane-emitting industries like waste and agriculture, reduce their methane emissions by 10 million metric tons by 2030.
Their latest funding round led by Satgana, a Climate Tech Venture Capital firm, comes amid a global push to cut methane emissions as part of the fight against climate change.
“Satgana aims to invest in the next generation of climate-positive startups. With the urgency of curbing greenhouse emissions in the short-term and the global momentum towards tackling the methane challenge, Orbio Earth represents a fantastic opportunity to
accelerate the deployment of a high-potential technology solution for our planet to keep the goal of 1.5˚C of global warming within reach.”
- Romain Diaz, Founder & General Partner at Satgana
As its second portfolio startup, Satgana will support Orbio Earth to accelerate the transition to net zero and help build a scalable, impactful company.