CEEZER Secures €10.3M In Series A Funding

CEEZER Secures €10.3M In Series A Funding - Carbon Herald

CEEZER, the high-quality carbon credits platform, has raised €10.3M funding in a Series A  round led by HV Capital, alongside existing investors Norrsken VC, Picus Capital and Carbon Removal Partners.

CEEZER  will utilize the funds to establish its presence in the US, enhance its team, and elevate service excellence for a growing  customer base. Additionally, CEEZER will introduce further carbon financing solutions for corporate buyers and project  developers to facilitate investments in large, multi-year portfolios.  

“This marks a pivotal moment for CEEZER and our mission to enhance transparency and accessibility within the carbon  market,” states Magnus Drewelies, Founder and CEO of CEEZER. “With the funding, we can extend our global footprint  and enable more companies to proficiently manage their carbon credit portfolios, optimize climate impact, and  ultimately deliver on ambitious climate strategies.”  

Companies navigating the complexities of carbon removal and reduction face the daunting challenges of selecting and  purchasing the right credits to meet emission targets. Varied standards, inconsistent credit quality data, and significant  price differences make it challenging for businesses to align impact, budget, and risk effectively.  

CEEZER offers companies a professional toolkit for managing carbon credit portfolios. As the only platform, CEEZER  harmonizes the global carbon market for both buyers and sellers, ensuring easy, secure, and direct access to high quality projects. Utilizing over 3.5 million data points and employing scientific, AI-driven, and peer-reviewed  methodologies, the platform clarifies quality, risk, and impact differences among projects, thereby demystifying the  purchase process and simplifying decision-making.  

Having earned trust and partnerships among industry leaders, CEEZER serves over 50 corporate customers such as  Siemens and Zooplus, collaborating with more than 150 project developers to drive superior climate finance solutions  and work towards the goals of a net-zero economy.  

Relevant: Companies Should Manage Emissions As They Would Their Money – Magnus Drewelies, CEEZER CEO & Founder

“CEEZER is at the forefront of architecting key infrastructure for the voluntary carbon market. They bring unmatched  transparency and streamline transactions,” emphasizes David Kuczek, General Partner at HV Capital. “By leveraging a  data-centric and holistic approach, CEEZER has emerged as the prime platform for corporate carbon buyers seeking  high-impact portfolio compensation solutions. Partnering with the CEEZER team, we’re not just excited about driving  meaningful climate action; we are also tapping into the immense market potential.”  

Oliver Heinrich, Partner at Picus Capital adds: “Since the start of our collaboration in 2021, we have witnessed Magnus &  the CEEZER team excelling in building the central piece of the ecosystem to unlock negative emissions at scale. Hence,  we are extremely proud to double down in this round.” 

Tove Larsson, General Partner at Norrsken VC concludes: “Securing this impressive Series A funding during the VC winter  emphasizes CEEZER’s leadership and impact in the voluntary carbon market. We’re thrilled to support the team as they  enhance transparency and accessibility within this crucial sector.” 

Read more: Carbonfuture And CEEZER New Partnership Will Increase Access To Carbon Credits

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