Fuel Ventures has led a £3 million investment round in 51toCarbonZero, a fast-growing climate-tech platform helping businesses transition to net zero while driving operational performance.
The round, which included support from angel investors, builds on Fuel Ventures’ previous backing and reflects the company’s strong growth trajectory.
51toCarbonZero’s cloud-based platform helps organisations measure, manage and reduce their carbon emissions, supporting a wide range of sectors including advertising, entertainment, logistics, automotive, finance, food and beverage, and sport. The new funding will enable the company to scale its operations across the UK, Europe and the US, and deliver advanced platform features powered by artificial intelligence.
Mark Pearson, Founder of Fuel Ventures, said: “Our continued investment in 51toCarbonZero underscores our confidence in their mission and the impressive progress they’ve made since our previous investment. The 51toCarbonZero team have developed a platform that not only addresses the urgent need for emissions management but also empowers companies to take actionable steps towards sustainability. We’re excited to support their expansion into new markets and industries.”
As sustainability becomes a strategic imperative for corporates worldwide, 51toCarbonZero aims to make the path to net zero more accessible and data-driven. The business is enhancing its platform’s AI capabilities to make carbon management simpler, more predictive, and seamlessly integrated into business processes.
Professor Neil Woodcock, Co-Founder and Executive Chairman of 51toCarbonZero, commented: “This investment marks a pivotal moment for 51toCarbonZero. With Fuel Ventures’ continued support, we’re poised to extend our reach and enhance our platform’s capabilities, particularly through AI integration. Our mission is to simplify the path to net zero for companies worldwide so we can help reduce emissions by 500 million tonnes of CO₂e, and this funding brings us closer to achieving that.”