Climate equity

Technologies enabling a fair net zero future

What is climate equity?

We invest in businesses which tackle climate change and seize the opportunity it presents. Companies that are disrupting large markets and building affordable and accessible products for disenfranchised population groups who don’t currently have access to technologies that protect the environment.

Why climate equity?

We want to buy as much technology risk as possible.

We want businesses and consumers to change their behaviours at scale through a lens of financial incentives.

We want to meet our planet’s needs sustainably and help achieve Net Zero.

Examples of climate equity companies we’ve invested in recently:

We led a
pre-seed round 
of
£2.3m
with
with Green Circle Capital, Ponderosa Ventures and 
Remus Capital

We led a
pre-seed round of
£2m
with MD One Ventures and the University of Cambridge


We led a
pre-seed round of

£3m
with Green Angel Ventures and Northstar Ventures


We participated
in a pre-seed
round of

£1.2m
with Sustainable Ventures

Which areas do we invest in?

Grid digitisation and decentralisation to reduce inefficiency, high costs, and vulnerability to disruptions. Better integration of renewable energy to lower carbon emissions.

Energy storage and batteries to enable better control, storage, and distribution of energy through decentralised energy models. This includes next gen (solid-state, lithium alternate, and flow) batteries; super/ultra capacitors; alternative storage mediums like hydrogen or thermal systems, and even bio and organic storage.

Novel sustainable materials to replace almost everything we consume in manufacturing. We’re less interested in recycling. We’re interested in discovery AI, as well as the materials themselves. We also look at repurposing waste and technologies that enable these processes.

Novel, scalable, carbon-neutral ways to sustainably and healthily feed and water our population, including precision agriculture, synthetics, sustainable agri-systems, robotics and automation and food waste reduction.

Innovations supporting sustainable cities including improving air quality, waste management, internal light quality, Gen4 nuclear, mobility solutions and other urban life-enhancing ideas.

What compels us to back a company in this area?

The context

Climate change is expected to take global attention and resources for the rest of our lifetimes. Businesses and consumers need to change their behaviours at scale, and we think they’ll do it through a financial lens. Governments are increasingly motivated both by security concerns to invest in energy independence and by Net Zero objectives to legislate accordingly (e.g. EU’s Green Deal, USA’s Inflation Reduction Act, UK’s Green Prosperity Plan).


The global market for clean technology is expanding rapidly: investment in renewable energy hit $1.7 trillion in 2023, outpacing investment in fossil fuels.

The company

  • An evidence-first approach to the solutions – including pilot studies or active plans for feedback loops to track and openly report efficacy of the interventions.
  • The ability to get a product to market within six months of our investment, or a product is already in the market.

The founders

  • Motivated by meaningful positive social impact on tens of millions of people, as well as huge commercial success in parallel.
  • Strong commercial track record of being able to sell.
  • Strong technology grounding or ability to get a product built and tested with customers and iterate fast.

Main reasons we pass

  • Founders raising a large round without validating their solution with early customers.
  • Lack of unique technology or defensibility.
  • Concern about the founder’s commercial ability.
  • Concerns about the ultimate size of the opportunity and ability to get the company to scale.

Building a company tackling an important problem in climate equity?

Come and talk to us