Lowercarbon
Venture capital firm investing in profitable climate solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
£190k | Seed | ||
| Total Funding | 000k | ||
Lowercarbon Capital is a venture capital firm founded in 2018 by Chris and Crystal Sacca that invests in companies focused on reducing carbon dioxide emissions and removing CO2 from the atmosphere. The firm operates on the principle that addressing climate change is a significant business opportunity. It manages over $2 billion in assets and has backed more than 130 startups.
The firm was co-founded by Chris Sacca, a well-known venture investor recognized for his early and successful investments in companies like Twitter, Uber, and Instagram through his previous fund, Lowercase Capital. After a brief retirement in 2017, he and his wife, Crystal Sacca, launched Lowercarbon Capital to focus on climate technology. Chris Sacca's career began as a lawyer at Fenwick & West, handling venture capital and M&A transactions, followed by executive roles at Speedera Networks and as Head of Special Initiatives at Google, where he led significant projects in the company's Access division. This background in technology, law, and high-stakes business development provided the foundation for his investment career.
Lowercarbon Capital invests across a wide range of sectors, including energy, transportation, industrial materials, agriculture, and carbon removal technologies. Its business model is to provide early-stage capital, often from the first check, and continue to support companies through subsequent funding rounds. The firm has raised several funds, including an $800 million fund in 2021 and separate funds totaling $550 million in 2023, to back new and existing portfolio companies. The portfolio includes companies developing fusion energy, zero-carbon cement, and carbon data management software, with several achieving unicorn status.
Keywords: climate tech, venture capital, decarbonization, carbon removal, CO2 reduction, impact investing, sustainable technology, Chris Sacca, energy transition, clean technology, fusion energy, green technology, climate finance, Lowercase Capital, sustainable agriculture, industrial materials, greentech, climatetech
