Natcap Secures $10 Million to Bring Nature into Business Decision-Making
2024年7月4日 - 6:08PM
ビジネスワイヤ(英語)
André Hoffmann, Former Refinitiv CEO David Craig, and Oxford
Science Enterprises among notable investors backing company's
growth phase
Natural Capital Research Limited (Natcap) announced today it has
secured $10 million in an oversubscribed Series A funding round to
scale its pioneering nature tech product. This funding will help
accelerate Natcap’s rapid growth supporting organisations to
understand their nature-related risks and opportunities. The
company’s focus is to scale the delivery of high-quality nature
data to the growing number of companies in scope for the EU’s
Corporate Sustainability Reporting Directive (CSRD), the EU’s
Sustainable Finance Disclosure Regulation, or those voluntarily
reporting under the Taskforce on Nature-related Financial
Disclosures (TNFD) recommendations. Natcap is one of the first
nature and biodiversity intelligence companies globally to complete
Series A financing in the nascent market.
Natcap has secured new funding from André Hoffmann, Norinchukin
Capital, Yeo Ventures, and Pelican Ag. The round also includes
investment from former CEO of Refinitiv David Craig, as well as
follow-on investments from Oxford Science Enterprises, funds
advised by MW&L Capital Partners, and Alea Iacta Est, all of
which participated in the company’s £2.5 million seed round in
early 2023. This is a notable endorsement of the positive work
Natcap is doing and sets the stage for their trajectory as nature
reporting becomes mandatory across the globe.
Natcap’s innovative platform brings together the world’s best
science, data and technology, empowering companies to measure,
report and act on nature-related risks and opportunities. The
company was founded in 2018 by Professor Baroness Kathy Willis at
the University of Oxford and others, and is on a mission to embed
nature intelligence into business decision making.
The company has developed world leading technology to support
20+ organisations, including collaborating with Tesco’s Nature
Programme, and a partnership with MS&AD Insurance Group
Holdings. Natcap was recently selected as one of just four UK tech
companies to receive government support from the UK-APAC Tech
Growth Programme for expansion into the Japanese market.
Quote from Natcap CEO, Sebastian Leape:
“It has been truly exciting to see the level of investor
interest in our company, particularly in a less-than-optimal
fundraising environment globally,” said Sebastian Leape, CEO of
Natcap. “We see our investors’ support as a further endorsement of
the market need for what we offer: a simple, straightforward
solution for companies grappling with nature risks and reporting
needs under CSRD and TNFD. We look forward to scaling our offering,
allowing more organisations to integrate nature into their
decision-making, and accelerating the world’s transition to a
nature-positive future.”
Quote from André Hoffmann, Vice-Chairman, Roche Holding
AG:
“As an investor deeply committed to sustainability and
environmental stewardship, I am thrilled to support Natcap. Their
innovative and science-based approach to assessing nature risk and
opportunity represents a pivotal step forward in our efforts to
embed nature into how businesses make decisions. Through my role as
a senior advisor to the Taskforce for Nature Related Financial
Disclosures (TNFD) I have witnessed firsthand the gap that Natcap
fills: helping businesses to measure nature risk and opportunity at
scale. I look forward to working with the Natcap team to help them
achieve their ambitious goals.”
Quote from Nick Dixon-Clegg, Partner, Oxford Science
Enterprises:
“Managing nature-related risks effectively is crucial for both
companies and investors, and requires the development of new
innovative nature-related technologies. This significant round of
capital is a testament to both Natcap’s remarkable progress in this
cutting-edge field and to the team behind it. We are thrilled to
continue supporting the growth of their platform as part of our
mission to scale the most promising technologies from the Oxford
ecosystem.”
About Natcap:
Natcap helps companies quantify and embed nature-related risks
and opportunities into business strategy. They collaborate with
world-leading scientists to deliver comprehensive and
understandable nature data and metrics. Natcap’s platform guides
businesses through measuring, reporting and acting on their
nature-related risks and opportunities to build resilient nature
strategies.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240703278128/en/
Name: Hayley Moller Position: Interim Head of Marketing Email:
hayley.moller@natcapresearch.com Website:
www.natcapresearch.com