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    Lowercarbon Capital

    Jackson, Wyoming, United StatesFounded 2018

    Lowercarbon Capital is a climate-focused venture capital firm that invests in technologies designed to reduce CO2 emissions and reverse climate change. Their strategy involves backing innovative startups across sectors such as carbon removal, clean energy, sustainable materials, energy, industrial materials, food, forestry, and transportation, emphasizing both financial returns and environmental impact.

    56% of their portfolio is in Climate & Energy. Average disclosed round size is $65.4M (across 91 rounds with reported amounts).

    Find people at Lowercarbon Capital on Goldilocks AI

    Portfolio

    96

    Fund Size

    $2.4B

    Top Stage

    Series A

    Last 12 Mo

    16

    Team

    CD

    Clay Dumas

    General Partner

    Shuo Yang

    Shuo Yang

    Partner

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    96 investments
    CompanyRoundAmountDate
    AArc Boat CompanySeries C$50MMar 2026
    Zeno logoZenoSeries A$25MMar 2026
    Cloover logoClooverSeries A$22MJan 2026
    Zanskar logoZanskarSeries C$115MJan 2026
    Fuse Energy logoFuse EnergySeries C$70MDec 2025
    Quilt logoQuiltSeries B$20MDec 2025
    Fuse Energy logoFuse EnergyUnknownNov 2025
    Crusoe logoCrusoeSeries E$1.4BOct 2025
    Milvus Advanced logoMilvus AdvancedSeed$6.9MOct 2025
    Stand logoStandSeries B$35MOct 2025
    Base Power logoBase PowerSeries C$1BOct 2025
    Genomines logoGenominesSeries A$45MSep 2025
    Fuse Energy logoFuse EnergySeries A$8.5MJul 2025
    Nevoya logoNevoyaSeed$9.3MJul 2025
    BBreathe Battery TechnologiesSeries B$21MMay 2025
    Electra logoElectraSeries B$186MApr 2025
    SSupercritical SolutionsSeries A$18MMar 2025
    Renaissance Fusion logoRenaissance FusionSeries A$34.6MMar 2025
    EEpoch BiodesignSeries A$17MMar 2025
    Biosphere logoBiosphereSeed$8.8MJan 2025
    Flair logoFlairUnknownDec 2024
    SSolarSquareSeries B$40MDec 2024
    Heirloom Carbon logoHeirloom CarbonSeries B$150MDec 2024
    HHeirloomSeries B$150MDec 2024
    Zap Energy logoZap EnergySeries D$130MOct 2024
    Page 1 of 4

    Top Co-Investors

    Toyota9 shared
    Fifty Years6 shared
    Shell5 shared
    First Trust Capital Partners4 shared
    bp ventures4 shared
    Future Positive Capital4 shared
    M Ventures3 shared

    Last updated: 12 April 2026