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Risk mitigation means excluding projects that overestimate their benefits. Making overly positive claims is a practice that comes costly.

“The former head of the Frankfurt-based investment bank MainFirst Bank AG, which was taken over by Stifel Financial Corp, plans to enter asset management with a company he co-founded. Ebrahim Attarzadeh has his sights set on climate mitigation.”

Ebrahim Attarzadeh, the former CEO of Mainfirst, is planning to enter asset management with Callirius. The fund is to invest in nature-based climate protection projects and establish nature as an asset class.

Ebrahim Attarzadeh and other bankers have set themselves ambitious goals with the start-up Callirius. Now they have succeeded in convincing a first major customer and private investors

“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.

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.

“The former head of the Frankfurt-based investment bank MainFirst Bank AG, which was taken over by Stifel Financial Corp, plans to enter asset management with a company he co-founded. Ebrahim Attarzadeh has his sights set on climate mitigation.”