Investments
97Funds
4
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Latest Lowercarbon Capital News
Sep 29, 2023
Backers included Menlo Ventures and current investors Eclipse, Andreessen Horowitz, Lowercarbon Capital, and Abstract Ventures. The company, which has now raised over $100m in total funding, intends to use the capital to continue to expand operations and its development efforts. Founded in 2021, Arc is developing the next generation of watercraft, starting with electric sport boats by blending modern aerospace design and manufacturing techniques with traditional marine craftsmanship. The company is designing its battery packs, powertrain, thermal control systems and software in-house. FinSMEs
Lowercarbon Capital Investments
97 Investments
Lowercarbon Capital has made 97 investments. Their latest investment was in Arc Boats as part of their Series B on September 9, 2023.

Lowercarbon Capital Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
9/27/2023 | Series B | Arc Boats | $70M | No | 2 | |
9/13/2023 | Series A | Lumen Energy | $11M | Yes | 2 | |
9/7/2023 | Seed VC | Vaulted Deep | $8M | Yes | 1 | |
9/7/2023 | Seed VC | |||||
8/17/2023 | Series A |
Date | 9/27/2023 | 9/13/2023 | 9/7/2023 | 9/7/2023 | 8/17/2023 |
---|---|---|---|---|---|
Round | Series B | Series A | Seed VC | Seed VC | Series A |
Company | Arc Boats | Lumen Energy | Vaulted Deep | ||
Amount | $70M | $11M | $8M | ||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 2 | 2 | 1 |
Lowercarbon Capital Fund History
4 Fund Histories
Lowercarbon Capital has 4 funds, including Lowercarbon Capital Fund I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
4/22/2022 | Lowercarbon Capital Fund I | $820M | 4 | ||
Lowercarbon Q>1 Fund | |||||
Lowercarbon Startup Fund | |||||
Lowercarbon Capital Fund II |
Closing Date | 4/22/2022 | |||
---|---|---|---|---|
Fund | Lowercarbon Capital Fund I | Lowercarbon Q>1 Fund | Lowercarbon Startup Fund | Lowercarbon Capital Fund II |
Fund Type | ||||
Status | ||||
Amount | $820M | |||
Sources | 4 |
Lowercarbon Capital Team
4 Team Members
Lowercarbon Capital has 4 team members, including , .
Name | Work History | Title | Status |
---|---|---|---|
Clay Dumas | Founder | Current | |
Name | Clay Dumas | |||
---|---|---|---|---|
Work History | ||||
Title | Founder | |||
Status | Current |
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