ONIQ offers IQ/A, a software-as-a-service platform that analyses production and logistics processes to uncover hidden inefficiencies and quantify carbon emissions tied to product manufacturing. The software focuses on the most valuable processes within enterprises where small inefficiencies can be costly, aiming to improve cost efficiency and reduce carbon footprints. Many industrial customers lack transparency on product-level emissions, a primary focal point for ONIQ's analytics. The company plans to roll out its process analysis software more broadly to help firms reduce costs and emissions amid current market pressures. ONIQ raised €3.5 million in funding to support this rollout; the round was backed by TechVision Fonds and coparion. The startup was founded in 2020 by Yvonne Therese Mertens and Christoph Kosmehl and is based in Cologne.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2022