CEEZER Raises €10.3 Million in Series A

CEEZER Raises €10.3 Million in Series A

CEEZER, a Berlin, Germany-based carbon credit platform, has raised €10.3 million in a Series A funding round.

The round was led by HV Capital with participation from existing investors Norrsken VC, Picus Capital, and Carbon Removal Partners.

Founded in 2000, HV Capital is a venture capital firm based in Munich, Germany. The firm prefers to invest in companies operating in the fintech, B2B, e-commerce, enterprise, travel, education, mobility, healthcare, and retail sectors.

The company will use the funds to expand its global footprint, enhance its team, and introduce further carbon financing solutions.

Founded in 2021 by Magnus Drewelies, CEEZER provides companies with a toolkit for managing carbon credit portfolios, offering direct access to high-quality projects. Using over 3.5 million data points and AI-driven methodologies, CEEZER aims to clarify quality, risk, and impact differences among projects, simplifying decision-making for businesses. The platform serves over 50 corporate customers, such as Siemens and Zooplus, and collaborates with more than 150 project developers.

Funding Details

Company: CEEZER Software GmbH

Raised: €10.3M

Round: Unknown

Funding Month: January 2024

Lead Investors: HV Capital

Additional Investors: Norrsken VC, Picus Capital, and Carbon Removal Partners

Company Website: https://www.ceezer.earth/

Software Category: Carbon Footprint Solutions