What is Carbon Re?
Based in Ilford, UK, Carbon Re operates at the intersection of artificial intelligence and climate technology. The company is focused on developing and providing a decarbonization platform designed to help businesses reduce their carbon footprint. By leveraging AI, Carbon Re aims to offer sophisticated solutions for climate challenges, contributing to global decarbonization efforts. The company's strategic focus on AI-driven climate solutions places it in a rapidly expanding and critical market.
How much funding has Carbon Re raised?
Carbon Re has raised a total of $4.8M across 1 funding round:
Angel/Seed
$4.8M
Angel/Seed (2022): $4.8M with participation from Planet A Ventures, UCL Technology Fund, Clean Growth Fund, and Cambridge Enterprise & Technology Club
Key Investors in Carbon Re
UCL Technology Fund
UCLTF is dedicated to investing in the commercialization of research opportunities from University College London (UCL) since 2016. The fund supports innovators by providing capital and expertise to help scale their ventures globally.
Clean Growth Fund
The Clean Growth Fund is a £101 million climate venture capital fund based in London, dedicated to empowering early-stage clean tech entrepreneurs. It provides expert capital to help tackle the climate crisis and supports innovative solutions aimed at limiting global warming.
Cambridge Enterprise & Technology Club
The Cambridge Enterprise & Technology Club provides a networking forum for business people, academics, technologists and service providers, together with a unique opportunity to learn about cutting edge technologies. The Club was founded as part of a Department of Trade & Industry initiative in the 1980s to improve business skills.
What's next for Carbon Re?
With a recent major strategic investment and substantial overall capital, Carbon Re is poised for an accelerated growth phase. The company is likely to expand its technological capabilities, enhance its decarbonization platform, and broaden its market reach. This significant backing suggests a strategic imperative to scale operations and solidify its position as a leader in the AI-driven climate technology space. Future developments may include new product offerings, strategic partnerships, and increased deployment of its solutions across various industries.
See full Carbon Re company page
