Meet BlueLayer, a brand new European startup that’s constructing a software program platform particularly designed for carbon undertaking builders. Specifically, BlueLayer needs to assist these firms handle their carbon credit at scale.
Whereas one of the simplest ways to forestall carbon emissions is by decarbonizing provide chains, carbon credit may even play a task 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 informed me.
And that is the place carbon credit come alongside. This technique of carbon offsetting with carbon undertaking 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. Earlier than that, the corporate had already raised a pre-seed spherical from a number of angel traders and business specialists, bringing BlueLayer’s whole quantity raised to $10 million.
BlueLayer acts because the software program backend for carbon undertaking builders. It helps these firms on the subject of managing carbon credit because it acts as the one supply of reality for stock and orders with the flexibility to generate experiences, leverage information visualization instruments and finally make selections that might probably maximize income.
BlueLayer goals to focus completely on undertaking builders. They may very well be engaged on varied initiatives, similar 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 informed me.
Proper now, they want higher instruments to handle their current initiatives in addition to integrations with different stakeholders. BlueLayer may also join with legacy ERP programs, distribution channels and ranking companies. Sooner or later, they could produce other wants on the subject of pre-financing future initiatives with ahead contracts and pre-allocating carbon credit.
You may suppose that there’s a restricted pool of potential purchasers, however BlueLayer has already held talks with over 200 carbon undertaking 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 Era Funding Administration and a founding companion at Just Climate, and Gerardo Bonilla, Moonfare’s former head of product.
