CUR8 secures £5.3m in pre-seed funding led by Google Ventures to expand its carbon removal platform
The London-based climate tech startup will use the capital to grow its team and scale platform capacity.
CUR8 operates a market-making platform for carbon removals, curating portfolios and setting standards to simplify investments for enterprises.
London-based climate tech startup CUR8 has raised £5.3m in a pre-seed funding round led by Google Ventures, with participation from CapitalT.
The company operates a market-making platform designed to professionalise the carbon removals sector by aggregating trusted credits into high-quality portfolios for corporate buyers.
CUR8 will deploy the new capital to expand its headcount, advance product development, and scale platform capacity to accommodate a growing network of customers and suppliers.
From the founder
"We’re witnessing the dawn of a future multi-trillion dollar industry that has the potential to not only stop the climate catastrophe but also to drive scientific progress, and create jobs and opportunity around the world. As we embark on building the platform that will unlock that growth, I’m delighted we’ve already been able to attract some of the best talent from across the industry, and now we couldn’t be more pleased to have backers like GV and Capital T to support us on this journey."
Marta Krupinska
CEO at CUR8
Investor perspective
"We believe that carbon removals play a critical role in helping to solve the challenges posed by the current climate crisis. CUR8 is at the forefront of the carbon removals market, serving as a trusted partner for enterprise customers and spearheading the development of financial tools to power the industry. We are thrilled to partner with Marta Krupinska, Gabrielle Walker, Mark Stevenson, and the CUR8 team on this journey."
Luna Schmid
Partner, Google
Use of funds
- 01Grow the team
- 02Continue product development
- 03Build out infrastructure
