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 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"
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."
Visionaries Club led the seed round with backing from Lowercarbon Capital, Breyer Capital, and Zinal Growth.
"Currently, no easy and scalable way exists for companies of any size to understand and remove their emissions. Traditional carbon measurement and offsetting solutions are costly and difficult to implement and so only accessible to a restricted group of larger companies. We started Pledge to enable any company to launch high quality and verified climate products in the easiest and fastest way possible. Our mission is to raise climate awareness and empower businesses to accelerate their net zero transition, becoming a positive contributor to the current crisis."
The financing round was led by At One Ventures, Airbus Ventures, Future Positive Capital, and Lowercarbon Capital to fund global expansion.
"By now, we have all recognized the urgency of climate change and the impact of global land degradation—from frequent flooding, costly wildfires, deforestation and the loss of biodiversity devastating ecosystems across the world. We need hands across all industries to fight back if we are going to make a dent on climate change and it starts with restoring our degraded ecosystems and lands,"