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
"I’ve been working in climate science for 30 years and it can be easy to feel overwhelmed and pessimistic about the 2050 net-zero deadlines. Carbon removal, along with decarbonisation at scale, has the potential to help us reach these goals, but only if we have the right tools to scale this market to 10 billion tonnes a year by 2050. I’m excited to be working in partnership with Marta and our excellent executive team to grow CUR8 and be the platform to drive this change."
Gabrielle Walker
Chief Scientist at CUR8
Investor perspective
"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
Use of funds
- 01Grow the team
- 02Continue product development
- 03Build out infrastructure
