Natural Capital Research Limited (Natcap), a London, UK-based company delivering nature data, raised $10M in Series A funding.
Backers included André Hoffmann, Norinchukin Capital, Yeo Ventures, Pelican Ag, David Craig, Oxford Science Enterprises, MW&L Capital Partners, and Alea Iacta Est, all of which participated in the company’s £2.5M seed round in early 2023.
The company intends to use the funds to accelerate growth supporting organisations to understand their nature-related risks and opportunities.
Founded in 2018 by Professor Baroness Kathy Willis at the University of Oxford and others, and led by CEO Sebastian Leape, Natcap helps companies quantify and embed nature-related risks and opportunities into business strategy. They collaborate with scientists to deliver comprehensive and understandable nature data and metrics. Its platform guides businesses through measuring, reporting and acting on their nature-related risks and opportunities to build resilient nature strategies.
The company supports 20+ organisations, including collaborating with Tesco’s Nature Programme, and a partnership with MS&AD Insurance Group Holdings.
FinSMEs
04/07/2024