Uk's Cur8 Raises £5.3 Million In Its Bid To Accelerate The Carbon Removals Industry

May 30, 2023•about 2 years ago

Amount Raised

£5.3 Million

London

Investors

Capital T.Gv And

Description

UK-based Cur8 is in the business of curating the best carbon removal portfolios to help companies make the best decisions over how they spend their money solving the climate crisis. The founding team of Marta Krupinska, Dr Gabrielle Walker and Mark Stevenson are firm believers that carbon removal and decarbonisation at scale is the key to global industries meeting their net-zero commitments by 2050

Company Information

Company

Cur8

Location

London, Ontario, Canada

About

Even if we do everything else right on reducing emissions, the world still needs to remove up to 220 Gigatonnes of carbon from the atmosphere by 2050. You can’t reach net zero without removals. That’s where we come in. CUR8 is dedicated to building the global market for carbon removals. We’re not a marketplace. We work with the best nature and technology partners to build removals portfolios of the highest quality, and help get us on the exponential to reach 10 billion tonnes of removals by 2050.

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers