Clim8 raises $8M from 7pc Ventures, launches climate-focused investing app for retail investors

22 Apr, 2021

Clim8 raises $8M from 7pc Ventures, launches climate-focused investing app for retail investors
Photo by Chris Liverani on Unsplash

– Clim8 Invest, a new U.K. startup, raised $8m in funding.
– The round was led by 7pc Ventures (early backers of Oculus, acquired by Facebook), British Business Bank Future Fund and a number of technology entrepreneurs and executives including Marcus Exall (Monese), Marcus Mosen (N26), Paul Willmott (Lego Digital, McKinsey), Doug Scott (Redbrain), Matt Wilkins (Thought Machine), Andrew Cocker (Skyscanner), Steve Thomson (Redbrain), Monica Kalia (Neyber, Goldman Sachs), Doug Monro (Adzuna) and Erik Nygard (Limejump).
– The startup will take advantage of new, higher EU rules around the disclosure requirements for sustainable investment funds.

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