"The market was the backbone of Europe's climate policy, running at close to a trillion euros in annual trading volume, and it was almost entirely closed to anyone who wasn't an industrial company or an institutional fund. Lautier founded Homaio in 2023 to change that."
"The Paris-based platform structures financial securities physically backed by carbon allowances, allowing retail investors to buy and hold EUAs directly through a digital platform. Since its public launch in September 2024, it has attracted thousands of users across more than 30 countries."
"On Wednesday it announced a €3.6 million seed round, bringing its total funding to over €5 million. The round was led by RAISE Ventures, specifically its Raise Seed for Good vehicle, a Paris-based fund focused on tech companies with environmental and social impact."
Valentin Lautier founded Homaio in 2023 after recognizing that Europe's carbon permit market, worth nearly a trillion euros annually, was inaccessible to individual investors. The Paris-based startup created a platform that structures financial securities backed by EU Allowances, enabling retail investors to purchase and hold carbon permits directly through digital means. Since launching publicly in September 2024, Homaio attracted thousands of users across 30+ countries. The company secured €3.6 million in seed funding led by RAISE Ventures' Raise Seed for Good vehicle, with strategic backing from Groupe Eren. This funding supports expansion into energy, electrification, and other industrial transition markets.
Read at TNW | Startups-Technology
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