In a significant win for environmental awareness, Natcap, a pioneering nature intelligence company, has secured $10 million in an oversubscribed Series A funding round. This impressive feat, achieved amidst a challenging global fundraising environment, underscores the growing recognition of nature’s critical role in business strategy.
The funding round, led by prominent figures like André Hoffmann (Vice-Chairman, Roche Holding AG) and David Craig (former CEO of Refinitiv), will propel Natcap’s mission to empower companies to understand and integrate nature-related risks and opportunities into their decision-making processes. This newfound focus on nature aligns perfectly with upcoming regulations like the EU’s Corporate Sustainability Reporting Directive (CSRD) and the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations.
Founded in 2018 by Professor Baroness Kathy Willis at the University of Oxford, Natcap has established itself as a leader in the nascent field of nature and biodiversity intelligence. Their innovative platform leverages cutting-edge science, data, and technology to provide companies with a comprehensive understanding of their impact on the natural world. This empowers businesses to go beyond mere reporting and take concrete actions to mitigate risks and embrace nature-positive practices.
“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,” said Sebastian Leape, CEO of Natcap. “We look forward to scaling our offering, allowing more organizations to integrate nature into their decision-making, and accelerating the world’s transition to a nature-positive future.”
A Turning Point for Business and Nature
Natcap’s success story signifies a crucial turning point in the relationship between business and the environment. By providing businesses with the tools to measure and manage their impact on nature, Natcap paves the way for a future where economic prosperity and ecological well-being go hand-in-hand. This shift is not only essential for safeguarding our planet’s biodiversity but also holds immense financial significance. By proactively addressing nature-related risks, companies can ensure long-term sustainability and avoid potential financial losses associated with environmental degradation.
Natcap’s innovative approach has already garnered significant traction, with collaborations with major players like Tesco’s Nature Programme and MS&AD Insurance Group Holdings. Their recent selection as one of just four UK tech companies to receive government support for expansion into Japan further underscores their global potential.
As businesses navigate the evolving regulatory landscape and the increasing societal demand for environmental responsibility, Natcap’s solutions are poised to play a transformative role. By bridging the gap between nature and business, Natcap is not only empowering companies but also contributing to a more sustainable future for all.
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