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Provider of carbon insurance with the focus of enabling a new decarbonized world

Founded in 2021
Founded in

Company type Private Public ()
Company type

Industry Group resources & environmental management

Sector carbon management

TRL Range 1-3
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters United Kingdom Saint Albans, United Kingdom
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Updated by Cleantech Group on 01/29/2025

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Date Company
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Date Partner Type
06/03/2022
Carbon13 Carbon13
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Confirmed by Carbon13
Incubation/Acceleration
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IPO INFORMATION

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Description

Date Investors Type Amount
02/22/2023 Octopus Ventures Octopus Ventures , Insurtech Gateway Insurtech Gateway , Carbon13 Carbon13 , Climate VC Climate VC , Chaucer Group Chaucer Group , Hartree Partners Hartree Partners (6)
Post-money valuation of
The company intends to use the funds to build its team, scale its underlying technology-based risk modelling, launch its first insurance product, Carbon Purchase Protection Cover, and begin building a wider portfolio of carbon insurance products to cover the full spectrum of risks in the carbon markets.
Seed $4,940,000
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