Seed · Energy · Frankfurt, Germany · Founded 2023 · 7–10 employees
Otark operates a digital platform that facilitates power purchase agreements (PPAs) between energy sellers and buyers, simplifying green electricity procurement for companies. Founded in 2023 by experienced entrepreneurs including Ortwin Kartmann (ex-Shopgate), the company raised €2.5M in seed funding in September 2024 led by Venture Stars. The platform aims to accelerate the energy transition by digitizing and automating complex green energy trading processes.
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