Lowercarbon Capital

Lowercarbon Capital, founded by venture capitalist Chris Sacca and his wife Crystal Sacca, is a prominent investment firm dedicated to combating climate change by funding and supporting technologies that actively reduce carbon dioxide in the atmosphere. Based in Jackson, United States, the firm's mission extends beyond traditional venture capital, aiming to accelerate the development and deployment of solutions critical for a sustainable future. They back ambitious founders and scientific breakthroughs that promise significant environmental impact.

The firm has rapidly grown its capital base, reflecting its commitment and the escalating urgency of climate action. In 2021, Lowercarbon Capital successfully closed $350 million for its second early-stage fund and an additional $400 million for a dedicated growth-stage vehicle. Building on this momentum, the firm announced in February 2023 the closing of two new funds: a $550 million fund for early-stage investments and another $550 million for growth-stage companies. These significant capital raises bring Lowercarbon Capital's total assets under management to over $1.8 billion, solidifying its position as a major player in climate tech venture funding.

Lowercarbon Capital's investment strategy is broad yet focused, targeting a diverse range of climate solutions. Their portfolio spans critical areas such as carbon removal technologies, sustainable energy generation and storage, resilient food systems, and innovative materials. The firm typically writes first checks ranging from $500,000 to $2 million for pre-seed and seed-stage rounds, signaling their commitment to supporting nascent companies with groundbreaking ideas. While they also deploy larger checks for growth-stage companies, their initial investment sweet spot is firmly in the early development phases, where they can provide foundational capital and strategic guidance to high-potential startups. Their approach emphasizes deep scientific diligence and a long-term view on impact.