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CEEZER secures €10.3M in series A funding


We have great news: CEEZER secured €10.3 million in series A funding!

We’re extremely excited to collaborate with HV Capital, who lead the round with the participation from existing investors: Norrsken VC, Picus Capital, and Carbon Removal Partners. With the new funding, we’ll establish our presence in the US, grow our team, and introduce additional carbon portfolio financing solutions to our leading platform for corporate carbon buyers and project developers.

For a true net zero economy

Companies navigating the complexities of carbon removal and reduction face the challenges of selecting and purchasing the right credits to meet emission targets. CEO and Co-founder Magnus Drewelies states, with the expansion of our global footprint, “we’ll enable more companies to proficiently manage their carbon credit portfolios, optimize climate impact, and ultimately deliver on ambitious climate strategies.”

Since starting CEEZER, we have served over 50 corporate customers and collaborated with more than 150 project developers. We’ve driven superior climate finance solutions, ensuring our buyers easy, secure, and direct access to high-quality projects, guided by data. Today marks a pivotal moment for CEEZER and our mission to enhance transparency and accessibility within the voluntary carbon market.

New investor: HV Capital

HV Capital is one of the leading early-stage and growth investors in Europe. With nine fund generations in 23 years and €2.8bn in managed assets, HV Capital is one of the continent’s most active early-stage investors. The investment team has many years of experience identifying European startups with great potential for success. In addition to international success stories like Zalando, Delivery Hero, Sumup, and Depop, innovation leaders such as Enpal, Flixbus, Sennder, and Isar Aerospace are also part of the portfolio. HV Capital has invested in around 225 internet and technology companies, supporting startups with ticket sizes ranging from €0.5m to €60m. It is one of Europe’s few venture capital firms that can finance startups through all growth phases. HV Capital has a team of more than 40 investment and operations professionals who provide a variety of perspectives and expertise across the venture capital landscape. 

We are excited that all of our existing investors, Picus Capital, Norrsken VC, and Carbon Removal Partners, equally doubled down on their commitment and participated in the round. 

Interested in knowing more? Connect with our team.