Seed18 July 2023

Isometric secures $25m seed round from Lowercarbon Capital and Plural to scale carbon removal infrastructure

The financing round was led by Lowercarbon Capital and Plural to expand the team and build out the company public registry.

$25.0MSeed

≈ £19.2M at $1 = £0.7672 on 18 Jul 2023

Isometric provides an AI-powered certification platform designed to streamline and accelerate industrial verification processes.

Isometric has secured a $25m seed round led by Lowercarbon Capital and Plural to accelerate the scale up of its carbon removal infrastructure. The financing ranks among the largest seed rounds raised by a climate software company. The capital will be deployed to expand the scientific and engineering teams while advancing the development of the company public registry.

Founded in 2022, Isometric provides a science platform and carbon registry aimed at improving transparency in the carbon removal sector. The firm seeks to address issues around scientific rigor and verification that have historically affected traditional carbon offsetting markets.

Investor perspective

"There are two non-negotiable challenges for the human race over the coming decades: first, decarbonize our economy; second, scale carbon removal. I decided to build Isometric as the critical missing piece of infrastructure required to scale carbon removal. I knew it would only be feasible to tackle this difficult and important problem with the backing of trustworthy, long-term financing partners who think in terms of decades, not months or years. So I’m happy that Lowercarbon and Plural have put their faith in me. We have a tough journey ahead of us and it was crucial for me to pick partners that were 100 percent aligned with my vision."