Otark
Accelerating the energy transition.
Frankfurt am Main, Germany · Founded 2023
- Headquarters
- Frankfurt am Main
- Employees
- 11–50
- Founded
- 2023
- Business Model
- B2B
- Website
- otark.com
- Last Round
- SeedSep 2024
- Rounds
- 1
About
Otark is a procurement platform, founded in 2023 and based in Frankfurt am Main, that helps businesses buy green power straight from the producer. Through its PPA Marketplace, companies can tender once, compare offers from 200+ vetted sellers, and close power purchase agreements digitally, while Otark handles clearing and settlement, including balancing group processes and GoO transfer, on their behalf. The 15-person team combines deep energy market expertise with technology to make clean energy procurement transparent and efficient.
Summary
Otark is a Clean Energy company based in Frankfurt am Main, Germany, founded in 2023. Its most recent funding was a Seed round in Sep 2024. Investors include Venture Stars and D11Z Ventures.
Funding History
Sep 2024
Investors
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