UK-based Carbon13, a venture builder for the climate emergency, has closed a seed round by raising over $2.2 million. The investment came from family offices and venture firms, including True Ventures, a Silicon Valley-based VC firm focused on early-stage technology startups.
The latest funding is set to boost Carbon13’s operations significantly and propel its current and future ventures towards the key target of 400 million tonnes of decarbonisation. Also, it will enable a significant increase in climate startup production and a scaling of ambition.
Since 2021, Carbon13 has now supported over 350 startup founders through its three programmes – Venture BuilderEurope, Venture Builder UK, and Venture Launchpad. This number is also set to grow significantly thanks to the new funding. By the end of 2025, Carbon13’s Venture Builder is on course to support over 1,000 entrepreneurs to build at least 200 startups. The new funding will go towards expansion of Carbon13 activities, new cohorts, and more ventures.
Commenting on the successful funding round, CEO and Founder of Carbon13, Chris Coleridge, said: “This investment from True Ventures and four family offices is crucial to Carbon13’s plans for scaling our support to entrepreneurs tackling the most urgent global challenges in decarbonisation and carbon capture. I’m also delighted that Carbon13 is joining True’s community of decarbonisation startups.”
Priscilla Tyler, Vice President at True Ventures, said: “Our investment in Carbon13 and its focused support of carbon-neutralising technology is an incredible complement to our portfolio of climate tech investments. What’s more, the Carbon13 team aligns deeply with our values and belief in the creative entrepreneur. They invest in people first and tech second. We’re thrilled for this partnership and to help embolden their important work around mitigating climate change.”
Helps transform towards a net zero future
Carbon14 was founded by Chris Coleridge, Michael Langguth, and Nicky Dee in 2019 in Cambridge. Currently, its possess an annual mitigation potential of over 420 million tonnes of CO2 emissions and has the potential to rise further.
Carbon13’s venture builder supports companies across sectors such as agriculture, renewable energy, the built environment, food, and materials. Notable Carbon13 alumni include Kita, Infyos, Nium, Biozeroc, Materials Nexus and Tierra Foods.
