Ceezer closed a €4.2M round, led by Carbon Removal Partners with participation of Norrsken VC and Picus Capital.

Ceezer, a Berlin, Germany-based startup developing what they call a carbon-first digital bank, announced completing a €4.2 million equity round.

The money was raised from investors led by Carbon Removal Partners, and joined by Norrsken VC and Picus Capital.

Ceezer, founded in 2021 by CEO Magnus Drewelies, is working for the development of a digital-first carbon bank, in order to provide companies with access to high-quality carbon removal.  The company is operating a B2B marketplace for carbon credits allowing corporates to integrate both carbon removal and avoidance credits in one package, while mining the offsetting market for data points, enabling carbon offset sellers to reach buyers without having to use middle-men resellers.

Ceezer was initially pre-seeded by Picus Capital at the start of 2021 and says it works with some 50 customers.