# Carbon Re funding: rounds and investors

> Carbon Re has raised $6.4M across 3 rounds since 2021. Investors include UCL Technology Fund, Clean Growth Fund and Planet A. Every round with its source.

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

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

# Who invested in *Carbon Re*

3 rounds we have observed, with the 7 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.

AI Climate Tech Manufacturing

Funding summary Updated 26 Oct 2026

**$6.4M** raised across 3 rounds since 2021, from 3 sources

**$1.4M** Seed **$4.8M** Seed **$172K** Grant

- **Latest round:** Grant, $172K Mar 2024
- **Biggest round:** $4.8M Seed · Nov 2022
- **Investors:** 7 (1 led)

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

**$1.4M** Seed

**$4.8M** Seed

**$172K** Grant

- **First round:** Seed, $1.4M
- **Biggest round:** $4.8M
- **Usual gap between rounds:** 16 months

## The rounds

- **Mar 2024** Grant **$172K** *1 new* [Parkwalk](https://millionrounds.com/fund/parkwalk) Source recorded
- **Nov 2022** Seed **$4.8M** *2 new* *2 returning* [Planet A](https://millionrounds.com/fund/planet-a-ventures) Lead [University of Cambridge Enterprise](https://millionrounds.com/fund/cambridge-enterprise) [UCL Technology Fund](https://millionrounds.com/fund/ucl-technology-fund) [Clean Growth Fund](https://millionrounds.com/fund/clean-growth-fund) Reported by UCL Technology Fund
- **Oct 2021** Seed **$1.4M** *4 new* [UCL Technology Fund](https://millionrounds.com/fund/ucl-technology-fund) [Clean Growth Fund](https://millionrounds.com/fund/clean-growth-fund) [Blue Impact Ventures](https://millionrounds.com/fund/blue-impact-ventures) [University of Cambridge Enterprise Fund](https://millionrounds.com/fund/university-of-cambridge-enterprise-fund) Reported by UCL Technology Fund

## Founders and team

From Carbon Re's own website: 2 founders, 18 on the team.

**Dr Daniel Summerbell** Chief Solutions Officer & Co-founder

**Buffy Price** Co-Founder

- **Josh Vernon** Chief Executive Officer
- **Bob Gregory** Chief Technology Officer
- **Dr Noah Miller** Chief Operating Officer
- **Bronte Black** Head of Marketing
- **Kenny Wong** Head of Product
- **Luke Rogers** VP Sales
- **Alex Haslam** Senior Machine Learning Engineer & Team Lead
- **Ash Kummen** Senior Software Engineer
- **Chiara Campagnola** Senior Software Engineer & Team Lead
- **Chris Barton** Solutions Engineer & Team Lead
- **Jess Rigley** Senior Machine Learning Engineer
- **Michael Craig** Senior Machine Learning Engineer & Team Lead
- **Niko Vertovec** Senior Machine Learning Engineer
- **Patrick Benjamin** Senior Machine Learning Engineer
- **Reina Zheng** Junior Machine Learning Engineer
- **Ryan Loader** Principle Software Engineer & Team Lead
- **Will Beaufoy** Senior Software Engineer
- **Yuchen Shang** Senior Machine Learning Engineer & Team Lead

## 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 **Seed** 2022 **Grant** 2024 [UCL Technology Fund](https://millionrounds.com/fund/ucl-technology-fund) [Clean Growth Fund](https://millionrounds.com/fund/clean-growth-fund) [Planet A](https://millionrounds.com/fund/planet-a-ventures) L [Parkwalk](https://millionrounds.com/fund/parkwalk) [University of Cambridge Enterprise](https://millionrounds.com/fund/cambridge-enterprise) [Blue Impact Ventures](https://millionrounds.com/fund/blue-impact-ventures) [University of Cambridge Enterprise Fund](https://millionrounds.com/fund/university-of-cambridge-enterprise-fund)

## Everyone who backed them

[UCL Technology Fund](https://millionrounds.com/fund/ucl-technology-fund) VC firm **2** rounds

[Clean Growth Fund](https://millionrounds.com/fund/clean-growth-fund) VC firm **2** rounds

[Planet A](https://millionrounds.com/fund/planet-a-ventures) VC firm **1** round, led 1

[Parkwalk](https://millionrounds.com/fund/parkwalk) VC firm **1** round

[University of Cambridge Enterprise](https://millionrounds.com/fund/cambridge-enterprise) VC firm **1** round

[Blue Impact Ventures](https://millionrounds.com/fund/blue-impact-ventures) VC firm **1** round

[University of Cambridge Enterprise Fund](https://millionrounds.com/fund/university-of-cambridge-enterprise-fund) VC firm **1** round

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

## Also claim to have backed them

This firm lists Carbon Re 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.

[LiHT Capital](https://millionrounds.com/fund/liht-capital) Advisor Per its own site

## Quick answers about Carbon Re

### Who invested in Carbon Re?

Carbon Re's investors include UCL Technology Fund, Clean Growth Fund, Planet A, Parkwalk and University of Cambridge Enterprise, and 2 more on record.

### How much has Carbon Re raised?

Carbon Re has raised $6.4M across 3 rounds since 2021.

### When did Carbon Re last raise?

Carbon Re's most recent round was a Grant of $172K in Mar 2024.

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

Carbon Re's largest round on record is $4.8M (Seed), in Nov 2022, led by Planet A.

### Who backed Carbon Re first?

Carbon Re's first round on record, in Oct 2021, was backed by UCL Technology Fund, Clean Growth Fund and Blue Impact Ventures and 1 others.

### What stage is Carbon Re at?

Carbon Re's latest named round is a Grant, in Mar 2024.

### Where is Carbon Re based?

Carbon Re is based in the United Kingdom.

### Who led Carbon Re's rounds?

Planet A led the Seed in 2022.

## Companies like Carbon Re

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

[**Adaptavate** $15M · Oct 2026](https://millionrounds.com/company/adaptavate)[**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)

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