Nature Risk Intelligence Provider Natcap Raises $10 Million

Natural Capital Research (Natcap), a startup specialising in nature and biodiversity intelligence, has announced it has successfully raised $10 million in a Series A funding round.

The investment round was led by notable investors including André Hoffmann, Norinchukin Capital, Yeo Ventures, Pelican Ag, and David Craig, former CEO of Refinitiv. There was also additional participation from existing investors including Oxford Science Enterprises, MW&L Capital Partners, and Alea Iacta Est.

The funding will be used to scale Natcap’s technologies, aiming to help companies quantify and embed nature-related risks and opportunities into their business strategies.

Natcap’s platform was founded in 2018 and assists businesses in measuring, reporting, and acting on nature-related risks, dependencies and opportunities within their operations, products, and supply chains in order to embed resilient nature strategies.

The funding will be specifically focused on scaling the delivery of high-quality nature data to companies, particularly those impacted by new regulations such as the EU’s Corporate Sustainability Reporting Directive (CSRD) and Sustainable Finance Disclosure Regulation (SFDR), as well as those reporting voluntarily under the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations.

The startup was recently chosen as one of four UK tech companies to receive government funding support from the UK-APAC Tech Growth Programme for expansion into the Japanese market.

Natcap CEO Sebastian Leape (pictured) said, “It has been truly exciting to see the level of investor interest in our company, particularly in a less-than-optimal fundraising environment globally. We see our investors’ support as a further endorsement of the market need for what we offer: a simple, straightforward solution for companies grappling with nature risks and reporting needs under CSRD and TNFD. We look forward to scaling our offering, allowing more organisations to integrate nature into their decision-making, and accelerating the world’s transition to a nature-positive future.”

André Hoffmann, Vice-Chairman of Roche Holding AG, expressed his enthusiasm for Natcap, saying, “As an investor deeply committed to sustainability and environmental stewardship, I am thrilled to support Natcap. Their innovative and science-based approach to assessing nature risk and opportunity represents a pivotal step forward in our efforts to embed nature into how businesses make decisions. Through my role as a senior advisor to the Taskforce for Nature-Related Financial Disclosures (TNFD), I have witnessed firsthand the gap that Natcap fills: helping businesses to measure nature risk and opportunity at scale. I look forward to working with the Natcap team to help them achieve their ambitious goals.”