Natcap Secures Funding to Revolutionize Nature Intelligence

July 5, 2024, 3:32 pm
Natcap
Natcap
ResearchServiceTools
Total raised: $10M
Natcap, a London-based company specializing in nature data, has recently announced securing a substantial amount of funding to further develop its innovative nature tech product. This funding boost will enable Natcap to accelerate its growth trajectory and expand its reach in assisting organizations in understanding and managing nature-related risks and opportunities.

The funding round was oversubscribed and included investments from prominent backers such as André Hoffmann, Norinchukin Capital, Yeo Ventures, and Pelican Ag. Notably, former CEO of Refinitiv, David Craig, also contributed to the funding, along with follow-on investments from Oxford Science Enterprises, MW&L Capital Partners, and Alea Iacta Est, all of whom had previously participated in Natcap's seed round in early 2023.

Founded in 2018 by Professor Baroness Kathy Willis at the University of Oxford, Natcap is led by CEO Sebastian Leape. The company's primary objective is to help businesses quantify and embed nature-related risks and opportunities into their strategic decision-making processes. By collaborating with scientists, Natcap delivers comprehensive and understandable nature data and metrics, guiding companies through the process of measuring, reporting, and acting on their nature-related risks to develop resilient nature strategies.

Natcap's innovative platform has already garnered support from over 20 organizations, including collaborations with Tesco's Nature Programme and a partnership with MS&AD Insurance Group Holdings. The company's focus is on scaling the delivery of high-quality nature data to meet the increasing demand from companies subject to the EU's Corporate Sustainability Reporting Directive (CSRD) and other sustainability reporting frameworks.

CEO Sebastian Leape expressed excitement about the investor interest in Natcap, highlighting the market need for their solution in helping companies navigate nature risks and reporting requirements under regulations like CSRD and the Taskforce on Nature-related Financial Disclosures (TNFD). The funding will enable Natcap to expand its offering, allowing more organizations to integrate nature intelligence into their decision-making processes and contribute to a nature-positive future.

André Hoffmann, Vice-Chairman of Roche Holding AG, commended Natcap's innovative approach to assessing nature risk and opportunity, emphasizing the importance of integrating nature considerations into business decision-making. Nick Dixon-Clegg, Partner at Oxford Science Enterprises, also praised Natcap's progress in the field of nature-related technologies and expressed support for the company's growth.

In conclusion, Natcap's successful funding round marks a significant milestone in the company's journey to revolutionize nature intelligence and empower businesses to make informed decisions that prioritize environmental sustainability. With a strong investor backing and a clear mission, Natcap is poised to lead the way in driving positive change towards a more nature-conscious future.