AI-Pushed Carbon Credit Platform CEEZER Secures €10.3 Million in Sequence A Funding

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CEEZER, the main enterprise grade digital platform for high-quality, verified carbon credit, has secured €10.3 million in its newest Sequence A funding spherical led by HV Capital, with traders Norrsken VC, Picus Capital and Carbon Elimination Companions. The corporate introduced this funding might be used to advance its US presence, constructing out product, and strengthen its workforce, bettering customer support for its rising record of shoppers. 

The corporate operates a “data-centric platform for corporations looking for high-impact compensation options,” can also be rolling out carbon portfolio financing options, increasing its companies past its core digital platform connecting carbon credit score patrons and sellers.

This main funding indicators a rising dedication by traders to take carbon markets significantly. The UN has lengthy emphasised the event of carbon markets to finance local weather motion objectives and sluggish local weather change. Nevertheless, the most recent Intergovernmental Panel on Local weather Change (IPCC) revealed that international monetary flows are three to 6 occasions decrease than they have to be by 2030. A system designed to each discourage carbon emissions, whereas producing financing, carbon markets promise the very best answer to sort out local weather change at scale.

Why does this matter? Firms like CEEZER perform to open up entry to carbon markets, finally accelerating carbon buying and selling, significantly within the realm of voluntary carbon markets, the voluntary issuance, shopping for, and promoting of carbon credit largely undertaken by company entities. CEEZER streamlines not solely carbon credit score commerce, however entry to options like high-quality and everlasting CO2 elimination, making it even simpler, quicker, and safer, based on its founder and CEO, Magnus Drewelies.

“This marks a pivotal second for CEEZER and our mission to reinforce transparency and accessibility throughout the carbon market,” states Drewelies. “With the funding, we will lengthen our international footprint and allow extra corporations to proficiently handle their carbon credit score portfolios, optimize local weather influence, and finally ship on bold local weather methods.”

Proto carbon markets have been round since 2005, when the European Union launched the world’s first worldwide emissions buying and selling system (ETS). Nevertheless, since then, corporations navigating the complexities of carbon markets and integrating new applied sciences like carbon elimination and discount have confronted many challenges over time — diverse requirements, inconsistent credit score high quality knowledge, and vital worth variations making it troublesome for companies to align influence, funds, and threat successfully. CEEZER works straight with its company shoppers, supporting them to pick out and buy the suitable credit to satisfy their emission targets.

CEEZER is essentially the most subtle platform serving as a bridge between the worldwide carbon marketplace for each patrons and sellers, offering an organized and verifiable showcase for sellers, whereas providing toolkits for patrons to handle their carbon portfolios. Based on the corporate, its platform makes use of over 3.5 million knowledge factors and employs scientific, AI-driven, and peer-reviewed methodologies, to make clear high quality, threat, and influence variations amongst initiatives, demystifying the acquisition course of and simplifying decision-making in addition to managing the carbon credit longterm as a part of the company stability sheets. 

On condition that firms are accountable for the lion’s share of fossil gasoline emissions, corporations like CEEZER providing skilled companies to assist them extra meaningfully take part in carbon markets supply an optimistic pathway in addressing local weather change.

In the mean time, CEEZER’s portfolio of shoppers contains over 50 company clients together with Siemens and Zooplus, working straight with greater than 150 venture builders to seek out sustainable local weather finance options, and finally a net-zero financial system.

Its traders are enthusiastic:

“CEEZER is on the forefront of architecting key infrastructure for the voluntary carbon market. They carry unmatched transparency and streamline transactions,” emphasizes David Kuczek, Basic Accomplice at HV Capital. “By leveraging a data-centric and holistic method, CEEZER has emerged because the prime platform for company carbon patrons looking for high-impact portfolio compensation options. Partnering with the CEEZER workforce, we’re not simply enthusiastic about driving significant local weather motion; we’re additionally tapping into the immense market potential.” and Tove Larsson, Basic Accomplice at Norrsken VC concludes: “Securing this spectacular Sequence A funding throughout the VC winter emphasizes CEEZER’s management and influence within the voluntary carbon market. We’re thrilled to assist the workforce as they improve transparency and accessibility inside this important sector.”

After almost 20 years of sluggish development associated to carbon markets, it appears the traders are prepared for a recent method to streamlining adoption, and want to corporations like CEEZER.