What Climate VC does

Climate VC is a UK-based early-stage venture capital firm, legally structured as Potential Climate Ventures F1 Limited and headquartered in Lightwater, Surrey. Founded in 2022, the firm launched an S/EIS (Seed Enterprise Investment Scheme) fund with £41 million of committed capital dedicated exclusively to pre-seed and seed-stage climate technology startups. Its stated thesis is to fund elite founding teams building solutions with gigatonne-scale decarbonisation potential, targeting food systems, mobility, electricity generation, manufacturing, the built environment, and nature-based solutions. The fund is reported as fully deployed across 16+ portfolio companies, including CUR8, Climate Aligned, Undo, Kita, GlobalOTEC, Anaphite, DeepMeta, Lenz Labs, Treeconomy, Tierra Foods, OffGrid Finance, Preoptima, PES Technologies, Beta Bugs, Sterling Biomachines, and Verna.

The firm earns revenue through standard fund economics: annual management fees on committed capital and, when portfolio companies exit or raise subsequent rounds, carried interest from equity stakes. Investment is distributed via a membership model in PCV (Potential Climate Ventures), with the EIS structure offering UK tax relief to investors. There is no software product, SaaS offering, or proprietary technology platform — the firm's 'product' is its investment services and the portfolio ecosystem it curates.

Operationally the firm is lean — 1–10 employees — and is led by Founding Partner Peet Denny (Stanford GSB, ex-CTO of a leading fintech, self-described AI specialist), with James Knight as Investor (carbon removals and natural capital specialist) and Doug Scott (CEO and founder of RedBrain, a 400+ investment angel) as Co-founder and Cornerstone Investor. The advisory board adds domain credibility through Marta Krupinska (Cur8, ex-Google for Startups), Ed Gillespie (Greenpeace board), Mark Stevenson (Chair of the Impact Board, net-zero advisor), Jim Mann (UNDO, Future Forest Company), and Michael Pawlyn (Eden Project). Deal flow is sourced via direct outreach, conferences, referrals, and the advisory network, with geographic exposure spanning the UK, Kenya, South Africa, and India through portfolio companies such as OffGrid Finance.

Name

Climate VC

Legal name

Potential Climate Ventures F1 Limited

Website

https://climate.vc

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Climate VC is a London-anchored S/EIS venture fund founded in 2022, deploying £41 million into pre-seed and seed climate technology startups across carbon removal, energy, food systems, built environment, and nature-based solutions.

Ownership category

akta.pro rank

Product category

Climate Tech Venture Capital

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

Climate / Clean Tech & Decarbonization Funds (FSANAJAA)

akta.pro secondary industries

Energy & Sustainability / Climate Growth Equity (FSANACAG), Climate Finance Funds & Green Investment Facilities (BPADACAH), Carbon Markets & Climate Finance (Offsets, Allowances, Carbon Funds) (FSAAALAH)

Keywords

• Venture capital
• Climate tech investing
• Seed stage funding
• Pre-seed investments
• SEIS fund

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Fund Management / Capital Deployment: Climate VC operates as an S/EIS (Seed Enterprise Investment Scheme) fund generating returns through equity stakes in early-stage climate startups. The fund charges management fees and takes equity in portfolio companies. Revenue accrues as portfolio companies grow, exit, or raise subsequent funding rounds. The EIS fund is now fully deployed.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Climate VC is an S/EIS venture capital fund that invests into pre-seed and seed-stage climate startups, deploying capital into elite founding teams building decarbonisation solutions across sectors including carbon removals, energy, food systems, mobility, electricity generation, manufacturing, and materials science. The £41 million EIS fund is now fully deployed across 16+ portfolio companies, and the firm provides hands-on support through an advisory board with deep climate and finance expertise.

Product overview

Climate VC operates as a venture capital investment fund, not a software product company. Their core offering is their investment fund that provides capital to pre-seed and seed stage climate startups. The company maintains a portfolio of climate technology companies spanning carbon removals, climate finance data, energy, materials science, built environment, freight, food systems, and soil health sectors. Climate VC's product offering is exclusively their investment services and fund management capabilities.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 16+ portfolio companies deployed across climate sectors
• +3 more outcomes

Segments1 record

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Clean Energy Ventures: Clean Energy Ventures is a US-based pre-seed/seed climate tech fund backing founders commercialising decarbonisation solutions across energy, mobility, food, and industry. Directly comparable to Climate VC in stage, sector focus, and thesis of backing bold founders at the earliest stage for outsized climate impact.
• Lowercarbon Capital: Lowercarbon Capital is a venture fund that invests across the full climate stack, from carbon removal to fusion to green steel, often at early stages. It is a peer in pure thematic climate VC with comparable breadth of sector exposure and similar conviction-driven, founder-led investment style.
• 2150 (formerly Constructive Capital): 2150 is a European venture fund investing in technology companies that reshape the built environment for sustainability. It is a thematic peer with similar sectoral breadth across built environment, materials, and decarbonisation, and a comparable conviction-led early-stage approach.
• Prelude Ventures: Prelude Ventures is an early-stage venture fund focused on climate and sustainability, backing founders across food, energy, mobility, and industry. Directly comparable in stage (pre-seed/seed), thesis, and sector coverage to Climate VC.
• Evenlode Climate: Evenlode Climate is a UK-based investment business focused on climate solutions across venture and growth stages. It is a UK peer to Climate VC with comparable thematic focus on climate innovation and overlapping LP base via UK investors interested in climate exposure.
• Climate Capital: Climate Capital is a UK-based early-stage fund backing founders building climate solutions. It is a direct peer with overlapping UK base, similar pre-seed/seed stage focus, and comparable mission-driven thesis around decarbonisation.
• Pale Blue Dot: Pale Blue Dot is a European climate VC fund investing in early-stage companies tackling the climate crisis across sectors including energy, food, mobility, and industry. Directly comparable in thesis, stage, and European base to Climate VC.
• Green Generation Fund: Green Generation Fund is a European early-stage venture fund investing in climate-tech founders across food, energy, and materials. It is a direct peer with comparable stage, geographic base, and sectoral breadth, often co-investing alongside funds like Climate VC.

Broad incumbents

• Breakthrough Energy Ventures: Breakthrough Energy Ventures, founded by Bill Gates, is a large, multi-billion-dollar climate VC fund investing across the full spectrum of decarbonisation. While much larger and later-stage on average, it competes for similar climate-tech founders and represents the scaled incumbent against which Climate VC's Fund II must position.
• Generation Investment Management: Generation Investment Management is a large sustainable investment manager with a public-markets focus. While not a direct venture-stage peer, it is a relevant incumbent in the climate-finance ecosystem and shares the long-horizon sustainability thesis that underpins Climate VC's approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/climate_vc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments13 records

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

Frequently asked questions about Climate VC