"The German life sciences company Bayer has purchased technological carbon removal credits for the first time. The transaction has been facilitated by Swiss startup Callirius".
"To improve the voluntary carbon market, we bring our expertise from the financial market together with tech and scientific backgrounds"
Some carbon projects have been historically inefficient and expensive - the investment platform Callirius wants to change that. Now the fintech has accompanied its first major transaction. With a prominent company.
Bayer AG is continuing on its path towards net zero by acquiring carbon removal credits from climate tech startup Novocarbo. Callirius AG enabled the cooperation through its platform, based on high-quality standards.
As part of this broader movement, the Science-Based Targets initiative (SBTi) has expanded its scope beyond climate change and introduced Science-Based Targets for Nature.
The startup brings capital directly into nature restoration and protection by connecting and matching directly nature-based projects with enterprises and investors
Callirius has closed a pre-seed financing round: Family offices and high net worth individuals have invested CHF 1.5 million in the greentech start-up. The fresh funds will be used to further build and scale the operational business.