Meet BlueLayer, a brand new European startup that’s constructing a software program platform particularly designed for carbon mission builders. In explicit, BlueLayer desires to assist these corporations handle their carbon credit at scale.
While one of the simplest ways to stop carbon emissions is by decarbonizing provide chains, carbon credit may even play a job within the coming years as a complement to those decarbonization efforts.
“We think that about 70 to 80% of emissions today can be reduced by actions directly within industrial and general goods supply chains. But there are things that we’re going to have to do that are not within the supply chain of companies,” co-founder and COO Vivian Bertseka instructed me.
And that is the place carbon credit come alongside. This system of carbon offsetting with carbon mission builders is usually additionally known as past worth chain mitigation.
The startup focuses particularly on that space and lately raised a $5.6 million seed spherical led by Point Nine. Before that, the corporate had already raised a pre-seed spherical from a number of angel traders and business consultants, bringing BlueLayer’s complete quantity raised to $10 million.
BlueLayer acts because the software program backend for carbon mission builders. It helps these corporations with regards to managing carbon credit because it acts as the one supply of reality for stock and orders with the power to generate reviews, leverage information visualization instruments and ultimately make selections that might probably maximize income.
BlueLayer goals to focus completely on mission builders. They could possibly be engaged on varied tasks, comparable to reforestation, forest conservation, peatland restoration and extra. The startup additionally picked a standard SaaS income mannequin as an alternative of charging commissions on carbon credit score gross sales.
“We’re not a broker, we’re not an intermediary. So we don’t take big commissions on sales and that’s because we need to be aligned with one side of the ecosystem, which is the developers,” co-founder and CEO Alexander Argyros instructed me.
Right now, they want higher instruments to handle their current tasks in addition to integrations with different stakeholders. BlueLayer can even join with legacy ERP methods, distribution channels and score companies. In the longer term, they could produce other wants with regards to pre-financing future tasks with ahead contracts and pre-allocating carbon credit.
You may assume that there’s a restricted pool of potential purchasers, however BlueLayer has already held talks with over 200 carbon mission builders.
Headquartered in Berlin with groups in London and Athens, BlueLayer was co-founded by Alexander Argyros, who beforehand co-founded PE funding platform Moonfare, Vivian Bertseka, who was a local weather investor with Generation Investment Management and a founding accomplice at Just Climate, and Gerardo Bonilla, Moonfare’s former head of product.