PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

CEEZER closes €4.2m round led by Carbon Removal Partners

CEEZER, a B2B marketplace for carbon credits, has closed a €4.2 million funding round, led by Carbon Removal Partners with participation fro Norrsken VC and existing investor Picus Capital.

After announcing a seven-figure pre-seed in April, CEEZER quickly built a unique offering for corporates to integrate both carbon removal and avoidance credits in impact-optimised portfolios. To do so, it leverages over 1.5M data points on the carbon market to guide buyers with the latest info on credit quality, availability, and prices. With its unique, direct trade infrastructure, CEEZER enables sellers to reach the right buyers without using resellers – to sell both existing credits and credits from projects that are still under development.
 
CEEZER will use the funds to expand its impact and sourcing team, led by former Associate Director at Carbon Disclosure Project Dr Carla Woydt, focussing on making removal technologies more accessible to corporate buyers. Further, it will continue to increase the product offering to support credit sellers and buyers to find long-term offtake agreements and better plan for a supply-constraint future.
 

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured