The London-headquartered climate fintech company raised the capital to expand its team, enhance its risk engine, and grow its carbon project offerings.
"To achieve their net zero commitments, an increasing number of corporates are seizing control by directly financing the carbon projects underlying the carbon credits,"
Collaborative Fund and Fine Structure Ventures led the round to support the scale up of cultivated fat manufacturing.
"At Hoxton Farms, we are obsessed with fat. Fat is the single most important sensory component in all of the meat that we eat. Using cultivated fat alongside plant proteins, we have shown that we can make products with the juiciness and flavour that plant-based meat has been missing. We’re now building our pilot plant in central London so that we can show visitors a new way of making the same delicious meat."