Natcap grabs $10 million to bring nature into business decision-making

Natcap grabs $10 million to bring nature into business decision-making

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 organizations in understanding their nature-related risks and opportunities. The company’s focus is to deliver high-quality nature data to companies under the EU’s Corporate Sustainability Reporting Directive (CSRD), the EU’s Sustainable Finance Disclosure Regulation, and the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations. Natcap is among the first nature and biodiversity intelligence companies globally to complete Series A financing in this emerging market.

Natcap 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, and follow-on investments from Oxford Science Enterprises, 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 significant endorsement sets the stage for Natcap’s growth as nature reporting becomes mandatory worldwide.

Natcap’s platform integrates advanced science, data, and technology, enabling companies to measure, report, and act on nature-related risks and opportunities. Founded in 2018 by Professor Baroness Kathy Willis at the University of Oxford and others, Natcap aims to embed nature intelligence into business decision-making.

The company has developed world-leading technology, supporting over 20 organizations, including collaborations with Tesco’s Nature Programme and MS&AD Insurance Group Holdings. Natcap was recently one of four UK tech companies selected for 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 organizations 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.”

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