Clay serves as a general partner at Lowercarbon Capital and Lowercase Capital. He previously worked in the White House Office of Digital Strategy and Office of the Chief of Staff.
The Series A round was led by AVP with backing from Plural, Lowercarbon Capital, John Doerr, and Walter Kortschak.
"For decades the certification industry faced a tradeoff between speed and rigour. Do it fast, or do it right. With Isometric, industrial companies can get both"
The residential electricity provider secured the valuation following rapid customer growth and backing from investors including Lowercarbon Capital and Balderton.
The follow-on investment was led by Lowercarbon Capital and Balderton Capital to support international growth and technology development.
"Successive cost of living crises show that our energy system is no longer fit for purpose. Affordable energy isn’t a luxury, it’s fundamental to a decent standard of living and a productive economy. At Fuse, we’re building the technology needed to realise that future"
Extantia Capital led the oversubscribed round, which will fund the construction of the company's first plant.
"We’re proving that plastic waste isn’t just a problem to solve—it’s a valuable resource waiting to be unlocked. Using the molecular precision of enzymes at an industrial scale, we’re building the solution set to make all plastics recyclable and doing so at a competitive price. This is what real circularity looks like."
The financing round was led by Lowercarbon Capital and Plural to expand the team and build out the company public registry.
"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."