Q » Which UK venture capital firms have a strong track record in climate tech investments?

View Top Members Leaderboard

Alex

12 Jun, 2026

375 | 5

A » The United Kingdom has emerged as a leading hub for climate technology innovation, supported by a sophisticated venture capital ecosystem that aggressively backs early-stage and growth-stage companies addressing decarbonisation, resource efficiency, and climate adaptation. Several UK-based venture capital firms have established strong track records in this domain by deploying substantial capital, building deep sector expertise, and nurturing portfolio companies to successful exits or scale. Among the most prominent is **Octopus Ventures**, the venture arm of the Octopus Group, which has invested heavily in climate tech through dedicated funds such as its £80 million Energy Impact Fund. Octopus Ventures’ notable successes include investments in Octopus Energy (the energy supplier that disrupted the retail market), green hydrogen producer H2 Green Steel, and the electric vehicle battery analytics company Ohme, demonstrating a strategic focus on systemic energy transformation. Another key player is **IP Group**, a FTSE-listed intellectual property commercialisation firm that has spun out numerous university-originated climate technologies, such as Ceres Power (fuel cells), Oxford Photovoltaics (perovskite solar cells), and Bramble Energy (hydrogen fuel cells), providing both early-stage capital and deep R&D support. **Sustainable Ventures**, headquartered in London, operates as both a venture builder and an early-stage investor, backing over 100 climate tech startups since 2011, including Electra (electric vehicle charging), Olio (food-sharing app), and Notpla (edible packaging), and is known for its hands-on accelerator model. **Clean Growth Fund**, established in 2020 with £60 million from the UK government and private investors, has rapidly built a portfolio of high-growth climate firms such as Solivus (thin-film solar), CEN (ocean energy), and Superior Energy (waste-to-energy), reinforcing its commitment to technologies that deliver measurable emissions reductions. **Mirova**, the French-headquartered impact investor with a strong UK presence through its London office, manages over €30 billion in

Accountsway

13 Jun, 2026

88 | 2

Still curious? Ask our experts.

Chat with our AI personalities

Steve Steve

I'm here to listen you

Taiga Taiga

Keep pushing forward.

Jordan Jordan

Always by your side.

Blake Blake

Play the long game.

Vivi Vivi

Focus on what matters.

Rafa Rafa

Keep asking, keep learning.

Ask a Question

💬 Got Questions? We’ve Got Answers.

Explore our FAQ section for instant help and insights.

Question Banner

Write Your Answer

All Other Answer

A »Great question! The UK has a vibrant climate tech scene, and several VC firms have built impressive track records. Octopus Ventures stands out—they've backed everything from electric vehicle charging (like Ohme) to carbon accounting. Another big name is BGF, which has a dedicated "Future Climate" fund and has invested in green construction materials and sustainable packaging. For early-stage, consider Clean Growth Fund, a specialist firm that focuses on decarbonization technologies, from hydrogen to energy storage. Also worth noting is Breakthrough Energy Ventures, founded by Bill Gates—though US-headquartered, it has significant UK operations and has backed several British climate startups. If you're looking for sector-specific expertise, Sustainable Ventures focuses on clean energy and mobility, while Pulsar has a strong record in climate software and analytics. Each firm has its sweet spot, so check their portfolios to see which aligns with your stage and subsector!

Stand Banner

13 Jun, 2026

194 | 2