Commerzbank is rebranding its innovation unit and early-stage investment wing to sharpen its focus on sustainability and green technology firms.
The German banking leader has observed a notable shift in customer demand across both B2B and B2C segments, with an increasing preference for sustainable solutions alongside digital advancements. In light of this trend, the bank is rebranding its main incubator, which has been operational since 2013, to neosfer.
Kai Werner, Managing Director of neosfer, emphasizes the intertwined nature of digitalization and sustainability, stating, “These two trends are essential to our times and must be considered in tandem.”
Neosfer has already made investments in several sustainable startups and is actively engaged in developing prototypes and venture projects aimed at advancing the green economy. Matthias Lais from neosfer highlights the importance of collaboration, asserting, “We aim to create value through partnerships with startups, network associates, and customers to uncover and address optimal solutions.”
Earlier this year, Commerzbank pledged €300 million to its third CommerzVentures fund, which will prioritize investments in climate fintech initiatives.