# BeZero Carbon funding: rounds and investors

> BeZero Carbon has raised $124M across 6 rounds since 2021. Investors include Translink Capital, Luminate and Norrsken VC. Every round with its source.

Source: https://millionrounds.com/company/bezero-carbon (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Series C startup](https://millionrounds.com/companies)

# Who invested in *BeZero Carbon*

6 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

IT Services

Raised 4 months ago

Funding summary Updated 26 Oct 2026

**$124M** raised across 6 rounds since 2021, from 6 sources

**$3.5M** Seed **$20M** Round **$39M** Series B **$12M** Series B **$32M** Series C **$18M** Series C

- **Latest round:** Series C, $18M Jun 2026
- **Biggest round:** $39M Series B · Aug 2022
- **Investors:** 5

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2022 2023 2024 2025 2026

**$3.5M** Seed

**$20M** Round

**$39M** Series B

**$12M** Series B

**$32M** Series C

**$18M** Series C

- **First round:** Seed, $3.5M
- **Biggest round:** $39M
- **Usual gap between rounds:** 5 months

## The rounds

- **Jun 2026** Series C **$18M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jan 2025** Series C **$32M** *5 new* [Translink Capital](https://millionrounds.com/fund/translink-capital) [Luminate](https://millionrounds.com/fund/luminate-accelerator) [Norrsken VC](https://millionrounds.com/fund/norrsken-vc) [Hitachi Ventures](https://millionrounds.com/fund/hitachi-ventures) [Illuminate Financial Management](https://millionrounds.com/fund/illuminate-financial) Source recorded
- **Nov 2022** Series B **$12M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Aug 2022** Series B **$39M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Mar 2022** Round **$20M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2021** Seed **$3.5M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

BeZero Carbon filed 11 raises, $111M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jun 2026 **$18M** UK share allotment
- Feb 2025 **$444K** UK share allotment
- Jan 2025 **$4.3M** UK share allotment
- Jan 2025 **$14M** UK share allotment
- Nov 2022 **$12M** UK share allotment
- Aug 2022 **$37M** UK share allotment
- Aug 2022 **$1.8M** UK share allotment
- Mar 2022 **$20M** UK share allotment
- Dec 2021 **$475K** UK share allotment
- Dec 2021 **$185K** UK share allotment
- Oct 2021 **$2.9M** UK share allotment

## Founders and team

From BeZero Carbon's own website: 2 founders, 6 on the team.

**Tommy Ricketts** CEO & Co-founder

**Sebastien Cross** Chief Innovation Officer & Co-founder

- **Dr Laura-Marie Töpfer** Chief Executive of the Green Finance Institute
- **Dr Rhian-Mari Thomas** Chief Executive of the Green Finance Institute
- **Dr Spencer Meyer** Chief Ratings Officer
- **Florence Hunt** Chief Operating Officer
- **Sophie Corby** Chief Financial Officer
- **Ed Monaghan-Pisano** Global VP Sales

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2021 **Round** 2022 **Series B** 2022 **Series B** 2022 **Series C** 2025 **Series C** 2026 [Translink Capital](https://millionrounds.com/fund/translink-capital) [Luminate](https://millionrounds.com/fund/luminate-accelerator) [Norrsken VC](https://millionrounds.com/fund/norrsken-vc) [Hitachi Ventures](https://millionrounds.com/fund/hitachi-ventures) [Illuminate Financial Management](https://millionrounds.com/fund/illuminate-financial)

## Everyone who backed them

[Translink Capital](https://millionrounds.com/fund/translink-capital) VC firm **1** round

[Luminate](https://millionrounds.com/fund/luminate-accelerator) Accelerator **1** round

[Norrsken VC](https://millionrounds.com/fund/norrsken-vc) Accelerator **1** round

[Hitachi Ventures](https://millionrounds.com/fund/hitachi-ventures) Corporate VC **1** round

[Illuminate Financial Management](https://millionrounds.com/fund/illuminate-financial) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=bezero-carbon).

## Also claim to have backed them

This firm lists BeZero Carbon as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Contrarian Ventures](https://millionrounds.com/fund/contrarian-ventures) VC firm Per its own site

## Quick answers about BeZero Carbon

### Who invested in BeZero Carbon?

BeZero Carbon's investors include Translink Capital, Luminate, Norrsken VC, Hitachi Ventures and Illuminate Financial Management.

### How much has BeZero Carbon raised?

BeZero Carbon has raised $124M across 6 rounds since 2021.

### When did BeZero Carbon last raise?

BeZero Carbon's most recent round was a Series C of $18M in Jun 2026.

### What was BeZero Carbon's biggest round?

BeZero Carbon's largest round on record is $39M (Series B), in Aug 2022.

### Who backed BeZero Carbon first?

BeZero Carbon's first round on record, in Jan 2025, was backed by Translink Capital, Luminate and Norrsken VC and 2 others.

### What stage is BeZero Carbon at?

BeZero Carbon's latest named round is a Series C, in Jun 2026.

### Where is BeZero Carbon based?

BeZero Carbon is based in the United Kingdom.

## Companies like BeZero Carbon

In the same sector, and raised in the last eighteen months.

[**Atlian** $933K · Oct 2026](https://millionrounds.com/company/atlian)[**Nuuri** $1.1M · Sept 2026](https://millionrounds.com/company/nuuri)[**SmartyPlants** $461K · Sept 2026](https://millionrounds.com/company/smartyplants)[**InTouchNow** $3.1M · Sept 2026](https://millionrounds.com/company/intouchnow)[**Vitaspan** $976K · Sept 2026](https://millionrounds.com/company/vitaspan)[**Universal Quantum** $101M · Sept 2026](https://millionrounds.com/company/universal-quantum)

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