QC·Ventures is delighted to announce our recent participation in the one million pound equity financing round of climate tech start up, Greenspark. The round was led by London-based Fuel Ventures who, alongside new investors 1818 Venture Capital, Zone2Boost and Pitchdrive, joined existing investors including Anthemis Group, BBVA and Perivoli Innovations bringing total funding to date to £1.45mn.
Founded in 2021, Greenspark leverages growing consumer demand for companies to take social and environmental action. Through their Impact-as-a-Service platform, which offers a range of plug-and-play tools, businesses are able to tie tangible and engaging climate action to unique triggers such as planting a tree or rescuing ocean-bound plastic for every signup, sale, or transaction. With case studies showing 80%+ uplifts in conversion rate after joining Greenspark, the Company is on a mission to prove that taking action isn’t just good for the planet, it’s good for business too.
Through partnerships with verified NGOs and vetted impact projects, Greenspark has facilitated the planting of over half a million trees, prevented over a million plastic bottles from entering the ocean and offset nearly 7,000 tones of CO2 (on average, this is roughly the equivalent of driving the circumference of the earth 671 times!).
Today, Greenspark has become an integral part of the sustainability strategy of 250+ companies and will focus on expanding their reach and offering with the close of this round.
Greenspark is a climate tech start up that seamlessly enables companies to integrate social and environmental action into their core business. Through Greenspark’s Impact-as-a-Service platform, companies can leverage impact creation to engage users, nudge behavior, increase conversion and drive revenue. QC·Venture’s Investment Manager, Madeline Petrow, is a founding member of the Company and current chair of the Board of Directors.