51toCarbonZero secures £3m seed round led by Fuel Ventures for international expansion
Fuel Ventures leads a £3m investment in 51toCarbonZero to scale operations internationally and upgrade its AI capabilities.
51toCarbonZero provides a climate-success platform that helps organisations track and reduce carbon emissions while improving commercial performance. The firm serves sectors ranging from advertising to financial services.
Climate-success firm 51toCarbonZero has secured £3m in a seed funding round led by Fuel Ventures, with participation from angel investors. The capital will support the company as it scales its operations into new international markets including the US and Europe.
In addition to geographical expansion, the proceeds will be directed towards product development, specifically enhancing the platform with advanced artificial intelligence capabilities to improve carbon management workflows for clients.
From the founder
"This investment marks a pivotal moment for 51toCarbonZero. With Fuel Ventures’ continued support, we’re poised to extend our reach and enhance our platform’s capabilities, particularly through AI integration. Our mission is to simplify the path to net-zero for companies worldwide so we can help reduce emissions by 500m tonnes CO2e, and this funding brings us closer to achieving that."
Neil Woodcock
Co-Founder & Executive Chairman at 51toCarbonZero
Investor perspective
"Our continued investment in 51toCarbonZero underscores our confidence in their mission and the impressive progress they’ve made since our previous investment. The 51toCarbonZero team have developed a platform that not only addresses the urgent need for emissions management but also empowers companies to take actionable steps towards sustainability. We’re excited to support their expansion into new markets and industries."
Mark Pearson
Managing Partner, Fuel Ventures
Use of funds
- 01Expand into international markets
- 02Continue product development
Investors
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About the company
51toCarbonZero
51toCarbonZero provides a climate-success platform to manage corporate carbon transitions.