Funding

[Funding alert] Berlin-based BlueLayer Secures €9.2 Million in Seed & Pre-Seed Funding

Jan 31, 2024 | By Startup Rise EU

Berlin-based BlueLayer secures €9.2 million in seed & pre-seed funding. Point Nine took the lead in the seed financing round.

Berlin-based BlueLayer secures €9.2 million in seed & pre-seed funding. Point Nine took the lead in the seed financing round.

Since its founding in late 2022, the organization has operated covertly, but it has already forged partnerships with some of the biggest global developers of carbon projects.

With the money they recently received, BlueLayer intends to enhance the functionality of their platform to better serve a larger range of intricate and new developer requirements. Additionally, they plan to expand the technical, product, and operations teams in Berlin, London, and Athens.

Read also - Limburg-based Foodtech Company Verdify Raises €2.4Million in Funding

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Leading research, however, is increasingly emphasizing that value chain decarbonization alone will not be sufficient to meet global climate targets.

Carbon markets are crucial in establishing a connection between project developers who are reducing or avoiding carbon emissions through their work on the ground and corporate executives and their Net Zero promises.

Read also -  Netherlands-based Tidal Control Secures €500K in a Pre-Seed Round Funding

Alexander Argyros, CEO, commented on BlueLayer’s fundraise: “We’ve strategically aligned with the true change-makers on the ground: carbon project developers. Our focus is singular – one customer base, without the complexity of multiple roles or the need to charge hefty commissions on credit sales. Furthermore, BlueLayer is supported by over 50 industry veterans, subject matter experts and climate leaders, who together form an unparalleled community available to our customers. This alignment and focus not only fosters trust but also sets us apart — a point of difference highly valued by our customers.”

Developers building carbon programs on the ground to assist big corporate partners with issues beyond value chain mitigation are BlueLayer's clients.

Vivian Bertseka, COO and Head of Climate, commented: “Having spent the past decade investing in climate solutions, including working closely with both nature-based and industrial climate projects, I have an appreciation for the challenges that the industry is facing. BlueLayer helps the most important actors in the carbon markets, the developers, that are on the ground driving carbon removal, protecting nature, and restoring ecosystems. Their work is not easy and while software won’t solve all of their problems, BlueLayer aspires to become a trusted partner that can help them navigate the many unrecognised challenges of scaling projects.”

Louis Coppey, Partner at Point Nine, added: “Since the inception of Point Nine, we’ve been backing and working with teams building the ERPs or the Operating Systems of their industry from the earliest stages. It was Clio in 2010, Mambu in 2012, Amenitiz in 2020, Graneet in 2021, and today BlueLayer. While it’s not the panacea to decarbonise the economy, we do believe that the carbon project developer market will (and needs to) grow tremendously to reach our decarbonisation goals. We are looking forward to supporting Alexander, Vivian, Gerardo, and their team as they build a core infrastructure for this important industry”.

About BlueLayer

The whole platform for creators of carbon projects is called BlueLayer. They provide the real change-makers on the ground more power to remove carbon emissions, save the environment, and rebuild ecosystems.

Read also - Amsterdam-based Send AI Raises €2.2Million in a Pre-Seed Round Funding

BlueLayer is an all-in-one platform that helps developers at every step of the project lifecycle, from credit issuance and tracking inventory to order management and pre-feasibility.

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