# Carbon Direct Capital: portfolio, investments and team > Carbon Direct Capital is a vc firm based in United States. 3 investments on record, 1 in the last 12 months, latest Jan 2026. Source: https://millionrounds.com/fund/carbon-direct-capital (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Carbon Direct Capital Last cheque observed Jan 2026; 3 cheques on record. Email Deploying now VC firm Growth Carbon Management Climate Follow Carbon Direct Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fcarbon-direct-capital) Deploying now **100%** of best year **1** **cheques in 12 months**, 3 on record Since the last cheque **282** days **00** hrs **00** min **00** sec Median round **$110M** Rounds led **1 of 3** Pitch Carbon Direct Capital ## Carbon Direct Capital highlights - 01 1 cheques in the last 12 months - 02 Mostly Series A and Series B: 100% of its rounds - 03 Led 1 rounds ## What they do > Carbon Direct Capital partners with leading companies in this space. We believe that selective investing with a science-focused approach maximizes both climate impact and financial returns. From their own website - **Type:** VC firm - **Cheque size:** Not stated - **Stages:** Growth - **Sectors:** Carbon Management Climate - **Based in:** New York, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **3 appearances** - **2026** 1 round - **Jan** **[Neurophos](https://millionrounds.com/company/neurophos)** Series A · US · Firms' own news pages **$110M** With 15 others - **2024** 1 round - **Dec** **[Heirloom](https://millionrounds.com/company/heirloom)** Series B · US · Crunchbase News **$150M** With 11 others - **2022** 1 round - **Mar** **[Heirloom](https://millionrounds.com/company/heirloom)** Series A · US · Ahren Innovation Capital **$53M** *Led* An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **2 named** AD **Alicia Dawn Estella** CCO, CFO i Form ADV JG **Jonathan Goldberg** CEO, Managing Member i Form ADV We also hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$730M** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Carbon Direct Capital Management LLC - **SEC number:** CRD 317548 Funds on its Form ADV **5** private funds, **$692M** in gross assets · filed Aug 2024 Venture **4** Private equity **1** - Carbon Direct Fund II L.P. *Venture* 101 investors $400M - Carbon Direct Fund I L.P. *Private equity* 97 investors $202M - Carbon Direct Fund II-A L.P. *Venture* 11 investors $47M - Carbon Direct SPV I, LLC *Venture* 10 investors $34M - Carbon Direct Fund II-B L.P. *Venture* 2 investors $9.9M ## The cheque Growth Median round joined **$110M** the round, not its cheque Led 1 of 3 rounds **33%** - **Sole investor:** Never alone - **Last cheque:** Jan 2026 Rounds by stage said on their site - Series A *2* - Series B *1* - Growth said *-* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Ahren Innovation Capital](https://millionrounds.com/fund/ahren-innovation-capital) 2 - [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) 2 - [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) 2 **Pitching Carbon Direct Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Carbon Direct Capital. A count of rooms they were both in, not a relationship either has claimed. [**Ahren Innovation Capital** VC firm **2** rounds together](https://millionrounds.com/fund/ahren-innovation-capital)[**Breakthrough Energy** VC firm **2** rounds together](https://millionrounds.com/fund/breakthrough-energy)[**Lowercarbon Capital** VC firm **2** rounds together](https://millionrounds.com/fund/lowercarbon-capital) ## Recently backed The latest companies Carbon Direct Capital put money into. [**Neurophos** $110M · Jan 2026](https://millionrounds.com/company/neurophos) ## Mentioned on podcasts Episodes that name Carbon Direct Capital in their description, not their title. - [Inevitable](https://millionrounds.com/podcasts/inevitable) 13 Apr 2023 · 45 min Startup Series: Syzygy Plasmonics Mentions [Carbon Direct Capital](https://millionrounds.com/fund/carbon-direct-capital)[Direct Capital](https://millionrounds.com/fund/direct-capital) Apple PodcastsShow page ## Quick answers about Carbon Direct Capital ### What does Carbon Direct Capital invest in? Carbon Direct Capital invests most often at Series A and Series B (100% of the rounds on record), in sectors such as Carbon Management and Climate. ### How active is Carbon Direct Capital? 3 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in Jan 2026. ### What has Carbon Direct Capital invested in recently? Its most recent investments on record: Neurophos (Series A, Jan 2026) and Heirloom (Series B, Dec 2024). ### How big are Carbon Direct Capital's cheques? The median round it joins is $110M. ### Is Carbon Direct Capital investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does Carbon Direct Capital invest alongside? Most often Ahren Innovation Capital (2 rounds together), Breakthrough Energy (2 rounds together) and Lowercarbon Capital (2 rounds together). ### What kind of investor is Carbon Direct Capital? Carbon Direct Capital is a VC firm based in New York, United States. ### How much does Carbon Direct Capital manage? About $730M, as regulatory assets under management (Oct 2026). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=carbon-direct-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=carbon-direct-capital)