What Oxygen Conservation does

Oxygen Conservation Limited is a UK-based, privately-held natural capital investment firm founded in 2021/2022 and headquartered in Exeter, Devon. The company acquires and restores large degraded estates across the United Kingdom — totalling more than 50,000 acres and approximately £400m in assets under management — with the operational goal of generating two saleable environmental products: premium UK-verified carbon credits (under the Woodland Carbon Code and UK peatland standards) and Biodiversity Net Gain (BNG) units that enable property developers to satisfy the mandatory 10% biodiversity uplift under English law. Its portfolio includes landmark acquisitions such as the 15,000-acre Dorback Estate in the Cairngorms (January 2025), the nearly 10,000-acre Kinrara Highland Estate acquired from BrewDog for £8.85m (October 2024), and the Invergeldie Estate in Perthshire, where 1.5 million native trees are being planted under a £3.3m Scottish Government Forestry Grant Scheme.

The company's technical differentiator is a proprietary Monitoring, Reporting and Verification (MRV) system combining drone surveys, centimetre-level LiDAR mapping, bespoke per-tree carbon modelling, and digital dashboards with high-resolution imagery and geolocation. This system underpins a BeZero Carbon AApre rating on the Invergeldie project — among the highest-rated afforestation, reforestation and restoration projects in the market — and supports reference carbon pricing of approximately £125 per tonne. Habitat banks in Cornwall (Siblyback, 968 acres), Devon (Mornacott, 777 acres), and Norfolk (Manor Farm, 696 acres) collectively generate over 3,000 BNG units. Ancillary revenue lines include agriculture (sheep farming), property rental, on-estate renewable energy, and ecotourism through the Oxygen Escapes sub-brand.

Revenue mechanics are predominantly transaction-based: one-off or multi-year contracts for carbon credit offtakes and BNG unit sales, supplemented by recurring land-based income (agriculture, rent, energy, tourism). The customer base spans corporate carbon offsetters, UK property developers, and institutional/private investors — the latter channel represented by billionaire backers Mark Dixon (IWG/Regus founder) and Tony Bloom (Brighton & Hove Albion owner), and an active target to raise over £100m from family offices, private equity, and institutional investors to fund mainland European expansion beginning in late 2026/early 2027 under Director of Europe Elena Doms. Distribution is sales-led and direct, with content marketing support via the Knight Frank-sponsored Second Nature podcast and an active editorial/blog presence.

Name

Oxygen Conservation

Legal name

Oxygen Conservation Limited

Website

https://oxygenconservation.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Oxygen Conservation is a UK-based natural capital investment firm acquiring and restoring large degraded estates to generate premium carbon credits and mandatory Biodiversity Net Gain units, selling these to corporate offsetters, property developers, and institutional investors across 50,000+ UK acres.

Ownership category

akta.pro rank

Product category

Natural Capital Investment and Environmental Asset Management

NAICS

Support Activities for Forestry (1153), Timber Tract Operations (11311), Forest Nurseries and Gathering of Forest Products (113210), Nature Parks and Other Similar Institutions (71219)

SIC

Forestry (800)

akta.pro primary industry

Timberland Carbon & Natural Capital Project Development (Offsets/REDD+) (AFAMAKAH)

akta.pro secondary industries

Regenerative Agriculture & Soil Organic Carbon (SOC) (EUABABAE), Wetlands, Peatlands & Mangrove Restoration (Blue Carbon Restoration) (EUABABAG), Grassland/Rangeland Management & Restoration (EUABABAF), Carbon Accounting, Verification & Registry Services (MRV, Audits, Certification) (IMAMAJAE)

Keywords

• Carbon credit sales
• Biodiversity net gain
• Natural capital investment
• Land restoration services
• Habitat banking

Headquarters

HQ city

Exeter

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Carbon Credits: Revenue generated by restoring degraded land and selling premium carbon and biodiversity credits under UK government-verified schemes including the Woodland Carbon Code and UK peatland standards. Credits are sold to corporate buyers seeking to offset unavoidable emissions.
2. Biodiversity Net Gain (BNG) Units: Revenue from selling BNG units to developers who must meet the mandatory 10% biodiversity uplift requirement under English law. Units are generated through habitat creation and enhancement across owned estates in Cornwall, Devon, and Norfolk. Over 3,000 BNG units available.
3. Agricultural Income: Income earned from agriculture activities on owned estates, including sheep farming and other agricultural operations across their UK landholdings.
4. Property Rental: Revenue from rental income generated by residential properties across their estate portfolio, including farmhouses and agricultural buildings returned to residential use.
5. Renewable Energy: Income from renewable energy generation activities on owned estates.
6. Ecotourism: Revenue from ecotourism activities including Oxygen Escapes venture (https://oxygenescapes.co.uk/) offering nature-based holiday experiences on their estates in Devon and Norfolk.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Oxygen Conservation acquires and restores degraded land at landscape scale across the UK, generating and selling premium UK government-verified carbon credits and Biodiversity Net Gain (BNG) units from native woodland creation, peatland restoration, and habitat banks. The company pairs this land restoration with a proprietary MRV system (drones, LiDAR, bespoke carbon modelling) that delivers traceable, high-integrity natural capital units to corporate offsetters and property developers. Supporting revenue streams include agriculture, property rental, renewable energy, and ecotourism (Oxygen Escapes).

Product overview

Oxygen Conservation operates as a natural capital investment firm offering a portfolio of conservation-focused products. The core offerings include Carbon Credits generated through woodland creation and peatland restoration projects, and Biodiversity Net Gain (BNG) Units delivered via landscape-scale habitat banks at owned UK estates (Mornacott, Manor Farm, Siblyback). These are supported by a proprietary MRV System for monitoring and verification. The company also produces content through the Second Nature Podcast. All products are grounded in real ecological restoration across the company's 50,000 acres of owned and managed land, generating measurable environmental value alongside financial returns.

Differentiator

Problem solved

Functional benefit

Brands

• Oxygen Escapes: Ecotourism offering providing nature-based holiday experiences in Devon and Norfolk.
• Oxygen Intelligence
• Oxygen Capital

Products and services

• Premium UK Carbon Credits
• Biodiversity Net Gain (BNG) Units
• Oxygen Escapes (Ecotourism)

Quantifiable outcome

• Invergeldie Estate: 1.5 million trees to be planted across 2,500 acres, generating over 350,000 tonnes of woodland carbon removal credits under the Woodland Carbon Code
• +5 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and flagship.

• Triodos BankcoreStrategic or Co-development Partner · 1 March 2026Triodos Bank partnered with Oxygen Conservation on private finance initiatives for scaling conservation. The collaboration focuses on creating pathways for private finance in natural capital, as featured in a joint article titled 'Creating The Pathways For Private Finance'.
• BeZero CarboncoreStrategic or Co-development Partner · 1 January 2026Independent carbon ratings agency BeZero Carbon assigned the Invergeldie Estate woodland creation project an ex ante rating of AApre with low execution risk - among the highest-rated afforestation projects in the market. This third-party validation is a core element of their quality positioning.
• TreeStorycoreStrategic or Co-development Partner · 1 February 2025Sustainable forestry consultancy TreeStory engaged as delivery partner for the 1.5 million tree planting project at Invergeldie Estate in Perthshire. TreeStory is responsible for implementing the woodland creation scheme funded by the Scottish Government's Forestry Grant Scheme.
• Scottish ForestrycoreOthers · 1 January 2025Government body Scottish Forestry approved plans for the Invergeldie Estate woodland creation scheme, registering it under the Woodland Carbon Code. Regulatory approval and oversight body for the UK's largest approved afforestation projects.
• Burges SalmoncoreImplementation/ SI/ Consulting Partner · 1 October 2024Law firm Burges Salmon provided legal advice on the acquisition of the Kinrara Highland Estate from BrewDog. Advisory role on the significant land purchase transaction, advising on legal aspects of the conservation-focused acquisition.
• Knight FrankflagshipGTM or Marketing Partner · 1 January 2023Knight Frank is the sponsor of the Second Nature podcast and a key strategic partner. Knight Frank Rural Matters supports the podcast, positioning Oxygen Conservation within the rural land and natural capital investment community. Knight Frank has also featured on the podcast as a guest and sponsor.

Scale indicators16 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Nattergal: UK-based natural capital investor that acquires and rewilds large landholdings to sell carbon and biodiversity credits, mirroring Oxygen Conservation's estate-ownership model and primary product set in the same UK regulatory environment.
• Sylvera: Independent carbon credit ratings and analytics provider operating in the same UK and global nature-based carbon market; directly comparable because Oxygen Conservation's premium pricing strategy depends on the same third-party rating ecosystem Sylvera supports.
• TerraCarbon: Nature-based carbon project developer that originates, verifies, and sells forestry and ARR credits globally, comparable to Oxygen Conservation's woodland creation, peatland restoration, and carbon credit origination activities.
• Patch: Biodiversity and carbon credits platform focused on connecting corporate buyers with nature-based projects, comparable in product category and buyer segment to Oxygen Conservation's BNG unit and carbon credit sales motion.

Broad incumbents

• South Pole Group: Large, established climate solutions provider offering nature-based carbon project development alongside broader advisory services, comparable as a broader incumbent competing for the same corporate carbon buyer pool Oxygen Conservation targets.
• Climate Impact X: Singapore-based carbon exchange and project origination platform; comparable as a broad incumbent in the voluntary nature-based carbon credit market where Oxygen Conservation sells premium UK-verified credits.
• Forestry England: Public body managing the English public forest estate and large-scale woodland creation; comparable as a broad incumbent operating at scale in UK forestry and carbon markets where Oxygen Conservation's estate strategy competes.
• The Crown Estate: Large UK land and property portfolio manager with growing natural capital exposure, comparable as a broad incumbent operating UK landholdings for both commercial return and environmental outcomes.

Others

• BeZero Carbon: Independent carbon ratings agency that assigned the AApre rating to Oxygen's Invergeldie project; comparable as an ecosystem enabler whose ratings directly underpin Oxygen Conservation's premium carbon pricing and quality positioning.
• Triodos Bank: European sustainable bank that both financed Oxygen Conservation (£25.7M, 2023) and partnered on private finance pathways for conservation, comparable as a mission-aligned capital provider and ecosystem partner in the natural capital investment space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@OxygenConservation
• Facebookfacebook.com/OxygenConservation
• LinkedInlinkedin.com/company/oxygen-conservation
• Instagraminstagram.com/OxyConservation

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oxygen Conservation