UK-based nature technology company Natcap secures $10M in Series A funding

Natural Capital Research (Natcap), a leading company in nature and biodiversity intelligence, has raised $10 million in a Series A funding round.

The capital will be utilized to enhance Natcap’s technology, which aids companies in quantifying and incorporating nature-related risks and opportunities into their business models, as reported by ESG Today.

This funding round featured contributions from prominent investors such as André Hoffmann, Norinchukin Capital, Yeo Ventures, Pelican Ag, and former Refinitiv CEO David Craig.

Additionally, previous investors like Oxford Science Enterprises, funds advised by MW&L Capital Partners, and Alea Iacta Est, who participated in Natcap’s £2.5 million seed round earlier in 2023, also took part in this round.

Established in 2018, Natcap’s platform empowers businesses to measure, report, and act on nature-related risks, dependencies, and opportunities within their operations, products, and supply chains. This initiative supports the creation of robust nature strategies.

The newly acquired funds will be directed towards scaling the provision of high-quality nature data to companies, particularly those impacted by new regulations such as the EU’s Corporate Sustainability Reporting Directive (CSRD) and Sustainable Finance Disclosure Regulation (SFDR) and those voluntarily reporting under the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations.

Recently, Natcap was selected as one of four UK tech companies to receive government support from the UK-APAC Tech Growth Programme for expansion into the Japanese market, marking a significant milestone in its growth journey.

Natcap CEO Sebastian Leape said, “It has been truly exciting to see the level of investor interest in our company, particularly in a less-than-optimal fundraising environment globally. 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.”

André Hoffmann, Vice-Chairman of Roche Holding AG, expressed his enthusiasm for Natcap, saying, “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.”