Climate change investor, Climate VC, has announced its three newest investments, after launching last week. Offgrid.Finance, Treeconomy and Deep.Meta are the latest UK-founded start-ups being supported to achieve Climate VC’s aim of removing a gigatonne of CO2e from global emissions through investments in high-potential, high-impact, climate-focused businesses.
Climate change investor, Climate VC, has announced its three newest investments, after launching last week. Offgrid.Finance, Treeconomy and Deep.Meta are the latest UK-founded start-ups being supported to achieve Climate VC’s aim of removing a gigatonne of CO2e from global emissions through investments in high-potential, high-impact, climate-focused businesses.
Offgrid.Finance is a fintech matching SMEs in emerging markets with green capital providers who can finance cleantech assets, such as solar powered machinery and electric vehicles.
Treeconomy connects rural landowners directly to the global carbon offset market, shrinking the carbon supply chain and providing them with a new source of income from trees.
Deep.Meta aims to slash waste (yield losses) in global production of steel, detecting defects before they happen by creating digital twins of steel as it rolls through a production line.
Raising funds from individual and institutional UK-based LPs, Climate VC plans to back 100-120 early-stage UK-based climate startups over three years. The investors aim to see at least 10 of these investments become full-scale successes, each removing 10 megatonnes of CO2e a year for a decade, cumulatively creating a gigatonne impact on the climate change mission by the mid 2030s. The team previously announced investments in Global OTEC and Tierra Foods.
