The Berlin startup helps companies meet ESG requirements by tracking and reducing CO₂ emissions across travel and logistics.
Berlin-based SQUAKE has secured new funding with Haufe Group Ventures joining its existing investor consortium of Simon Capital, Neosfer, and Backbone Ventures. The additional capital will support further product development and growth as companies face rising ESG reporting requirements.
Founded in 2021, SQUAKE offers a B2B platform for calculating, documenting, and reducing CO₂ emissions across business travel and logistics. Its solution integrates into booking tools and logistics platforms, providing auditable reporting and access to insetting options such as sustainable aviation fuel (SAF). Clients already include Siemens, BCD, Airbnb, and DB Schenker.
With regulations such as CSRD pushing companies to report Scope 3 emissions, SQUAKE aims to simplify compliance for enterprises and SMEs. Scope 3 emissions — often from supply chains, business travel, or services — can represent more than half of a company’s carbon footprint and are among the hardest to measure.
“We see ourselves as enablers for companies that want to not only document sustainability but actually implement it—technologically, scalably, and compliantly” said Philipp von Lamezan, CEO and co-founder of SQUAKE.
For Haufe Group Ventures, the investment aligns with its focus on solutions for SMEs under regulatory pressure. Jasper Roll, managing director of Haufe Group Ventures, said: “SQUAKE delivers exactly what companies need: deeply integrated, auditable solutions with clear value for corporate customers.”
The investment will allow SQUAKE to expand its platform and strengthen its role as an enabler of sustainability in business travel and logistics.