Natcap Secures $10 Million to Integrate Nature into Business Decision-Making
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Natural Capital Research Limited (Natcap) announced on July 3, 2024, that it has successfully raised $10 million in an oversubscribed Series A funding round. This new funding will support Natcap’s mission to embed nature intelligence into business decision-making processes, particularly for organizations complying with the EU’s Corporate Sustainability Reporting Directive (CSRD) and the Taskforce on Nature-related Financial Disclosures (TNFD).
Key Points:
Funding Details: Natcap secured $10 million from notable investors, including André Hoffmann, Norinchukin Capital, Yeo Ventures, and Pelican Ag, with follow-on investments from Oxford Science Enterprises, MW&L Capital Partners, and Alea Iacta Est.
Purpose: The funds will accelerate the growth of Natcap’s pioneering nature tech product, enabling organizations to measure, report, and act on nature-related risks and opportunities.
Innovative Platform: Natcap’s platform integrates the best science, data, and technology to support over 20 organizations, including partnerships with Tesco’s Nature Programme and MS&AD Insurance Group Holdings.
Global Expansion: Natcap has been selected for the UK-APAC Tech Growth Programme, facilitating its expansion into the Japanese market.
Natcap CEO Sebastian Leape expressed excitement over the investor interest, emphasizing the market need for Natcap’s solutions. Investors like André Hoffmann and Nick Dixon-Clegg highlighted the importance of Natcap’s work in promoting sustainability and managing nature-related risks.
Source: natcapresearch
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