51toCarbonZero Secures Multi-Million Pound Investment for Expansion and AI Integration
Deal News | Apr 23, 2025 | UK Tech Funding
51toCarbonZero, a climate tech firm, has secured a £3 million investment round led by Fuel Ventures. The funding is intended to support 51toCarbonZero in extending its next-gen platform's global reach and capabilities, particularly by integrating artificial intelligence to enhance client experiences. The company, co-founded by Professor Neil Woodcock, specializes in sectors such as advertising, sports, and entertainment, aiming to simplify the journey to net-zero emissions worldwide and contribute to a reduction of 500 million tonnes of CO2 equivalent emissions. The investment also saw participation from various angel investors, highlighting the growing interest and support for sustainable technology solutions.
Sectors
- Climate Technology
- Artificial Intelligence
Geography
- United Kingdom – The investment is led by UK-based Fuel Ventures, indicating the geographical relevance as a hub for climate tech innovation.
Industry
- Climate Technology – 51toCarbonZero operates in the climate technology industry, focusing on providing solutions that aid businesses in reaching net-zero carbon emissions.
- Artificial Intelligence – The funding is partially allocated to integrating AI into 51toCarbonZero's platform, enhancing client experience and operational efficiency.
Financials
- £3 million – The total investment secured in the funding round led by Fuel Ventures and supported by angel investors.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| 51toCarbonZero | Target Company | Company | A climate tech firm specializing in reducing carbon emissions for businesses across various sectors. |
| Fuel Ventures | Lead Investor | Company | A venture capital firm focused on investing in scalable technology businesses, leading this investment round. |
| Neil Woodcock | Co-Founder and Executive Chairman | Person | Co-founder of 51toCarbonZero, commenting on the significance of the investment for the company. |
| Angel Investors | Investors | Company | Provided additional contributions to the funding round alongside Fuel Ventures. |