# Natural Capital Exchange

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/natural-capital-exchange

- Industry: Renewable Energy
- Headquarters: San Francisco, US
- Website: www.ncx.com
- Total disclosed funding: $74M
- Latest round: Series B (Feb 18, 2022)
- Investors on record: 14

## About

Founded in 2010 and based in California, US, Natural Capital Exchange Inc., trading as NCX, operates as a forest carbon marketplace that connects American landowners with net-zero pioneers by using remote sensing, AI, and measurements to generate carbon credits. In May 2021, Natural Capital Exchange Inc. raised USD 20 million in series A funding led by new investor Time Ventures, with participation from another new investor Microsoft Climate Innovation Fund, and returning investors Union Square Ventures and Version One Ventures.

## Funding rounds

- Series B, Feb 18, 2022, $50M — JP Morgan Asset Management, Intercontinental Exchange, Inc., Clearvision Ventures, Dalus Capital, Energize Capital, Scribble Ventures, Time Ventures
- Series A, May 26, 2021, $20M — Union Square Ventures, Version One Ventures, Time Ventures, Microsoft Climate Innovation Fund
- Seed, Nov 20, 2020, $4.4M — Union Square Ventures, CRCM, Version One Ventures, Gratitude Railroad, Alpha Edison, CoFound Partners, Scribble Ventures

## Investors

- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Seed, Series A
- CRCM (https://capitalatlas.ai/funds/crcm) — Seed
- Version One Ventures (https://capitalatlas.ai/funds/version-one-ventures) — Seed, Series A
- Gratitude Railroad — Seed
- Alpha Edison (https://capitalatlas.ai/funds/alpha-edison) — Seed
- CoFound Partners (https://capitalatlas.ai/funds/cofound-partners) — Seed
- Scribble Ventures (https://capitalatlas.ai/funds/scribble-ventures) — Seed, Series B
- Time Ventures (https://capitalatlas.ai/funds/time-ventures) — Series A, Series B
- Microsoft Climate Innovation Fund (https://capitalatlas.ai/funds/microsoft-climate-innovation-fund) — Series A
- JP Morgan Asset Management (https://capitalatlas.ai/funds/jp-morgan-asset-management) — Series B
- Intercontinental Exchange, Inc. — Series B
- Clearvision Ventures (https://capitalatlas.ai/funds/clearvision-ventures) — Series B
- Dalus Capital (https://capitalatlas.ai/funds/dalus-capital) — Series B
- Energize Capital (https://capitalatlas.ai/funds/energize-capital) — Series B