Executive summary
💵 EUR 0.8m project volume accredited for non-dilutive cash funding
📉 Development of a prototype for novel LDAR approach
"Thanks to FUNDED's expertise, this process was greatly simplified and efficiently managed."
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Full interview with Marius Krüger, Founder of atmio
Background Information
Q: Can you provide a brief overview of your company and what you offer?
Marius Krüger: atmio specializes in developing innovative technologies for emission monitoring and reduction. Our mission is to minimize the environmental impact of industrial processes through advanced Leak Detection and Repair (LDAR) solutions. Our latest development combines a fully digitally integrated device with an app and an algorithm-based platform to more efficiently detect and repair leaks.
Q: What specific product or service from FUNDED have you used?
Marius Krüger: We utilized FUNDED's Grant Support Service to secure non-dilutive funds for developing a prototype for our novel LDAR approach. This project integrates a fully digitally integrated device with an app and an algorithm-based platform for the first time. Additionally, we use FUNDED's SaaS solution, FundedOS, for the documentation and disbursement of the grant. Without FUNDED's support, obtaining this crucial funding would have been significantly more challenging.
Experience with FUNDED
Q: What challenges were you facing before using FUNDED?
Marius Krüger: Without FUNDED's support, it would have been extremely complex and time-consuming to find the appropriate funding programs and correctly prepare the extensive applications. The entire process, from identifying funding opportunities to applying, would have been a significant challenge, especially given the technical complexity of our project. Thanks to FUNDED's expertise, this process was greatly simplified and efficiently managed.
Q: How did you discover FUNDED?
Marius Krüger: We discovered FUNDED through recommendations and positive reviews from other companies that successfully secured funding with their assistance.
Implementation and Use
Q: How was the onboarding and implementation process with FUNDED?
Marius Krüger: The onboarding process with FUNDED was seamless and well-structured. From the beginning, we were impressed by their deep expertise and efficient processes. The FUNDED team quickly understood the intricacies of our project and provided us with high-quality documentation and support throughout the application process.
Q: How are you using FUNDED’s product or service in your business?
Marius Krüger: We use FUNDED's SaaS solution, FundedOS, to manage all aspects of grant documentation and ensure smooth disbursement. Additionally, we leverage their consulting services for ongoing support and strategic guidance. This combination has proven invaluable, and we plan to continue using FUNDED for future grant support.
Results and Benefits
Q: What specific results or improvements have you seen since using FUNDED?
Marius Krüger: With FUNDED's assistance, we were able to save considerable time and effort, ultimately securing the necessary funding to advance our project. FundedOS has significantly reduced our documentation workload and expedited the disbursement process, which has been critical for our project timelines.
Q: Can you provide any metrics or data to support these results?
Marius Krüger: Thanks to FUNDED, we successfully accredited over 800 thousand EUR in project volume for funding for the development of our novel LDAR approach. This funding was pivotal in enabling us to move forward with our project and achieve our goals.
Feedback and Recommendations
Q: What do you like most about FUNDED’s product or service?
Marius Krüger: I am particularly impressed by the combination of deep expertise and the practical SaaS solution, FundedOS. The team at FUNDED brings extensive experience from various consulting and academic backgrounds, making them a highly competent partner. FundedOS significantly simplifies managing the complex documentation requirements and guides you through the documentation process.
Q: Do you have any recommendations for other businesses considering using FUNDED?
Marius Krüger: Navigating the grant landscape is complex and requires specialized knowledge. FUNDED's team, with their background in top consulting firms and academic institutions, is exceptionally well-equipped to provide this expertise. Their SaaS solution, FundedOS, is an invaluable tool for managing grants and meeting documentation requirements.
Q: Any additional comments or feedback?
Marius Krüger: The post-grant approval process can be very demanding and time-intensive. FundedOS has been instrumental in managing these requirements efficiently. Additionally, having access to real experts to guide us through the application and submission process has been incredibly valuable.
Personal Insights
Q: Can you share a bit about your role and background?
Marius Krüger: As the founder of atmio, it is my responsibility to steer the strategic direction of our company and ensure that we achieve our objectives. My background is in business, which has been crucial in driving the development of our company and making a positive impact on the environment.
Q: What excites you most about your industry and the future of your business?
Marius Krüger: The potential of digital and algorithm-based technologies to revolutionize how emissions are monitored and reduced is incredibly exciting. I look forward to the future and the role atmio will play in helping companies minimize their environmental impact and comply with complex regulations. Our goal is to offer advanced, efficient, and user-friendly solutions that make a real difference.