Funding round
Low Carbon Growth
Reported as "Growth Equity"
Low Carbon, which works in large-scale renewable energy project investment in London, raised $1.40B in a Growth round announced on 3 Dec 2025, led by CVC DIF. 2 firms took part, 1 of them already investors.
$1.40B
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Low Carbon did not disclose a valuation in this round. It is Low Carbon's first venture round on record, 14 years after it was founded in 2011. No later venture round is on record for Low Carbon.
Low Carbon's funding rounds
This is the only venture round on record for Low Carbon.
- Growth this round 3 Dec 2025, led by CVC DIF $1.40B
Investors
Who put money in
CVC DIF led the round with 1 other firm. MassMutual Ventures had backed Low Carbon before.
Lead investor
- backs 6 venture-backed companies new investor
Also in the round
- backs 79 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations.
- Scaling operations
Comparable rounds
How it compares
11 Growth rounds in Wind Energy Equipment & Services within a year either side disclosed an amount; the median was $140M, and this round was 10 times the median. The closest in time, other companies' Growth rounds in Wind Energy Equipment & Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Wind Energy Equipment & Services | 22 Dec 2025 | $54M | not disclosed | General Atlantic |
| Wind Energy Equipment & Services | 28 Jan 2026 | $299M | not disclosed | not named |
| Wind Energy Equipment & Services | 13 Nov 2025 | $75M | not disclosed | Norfund |
| Swift Current Energy Wind Energy Equipment & Services | 18 Feb 2026 | $248M | not disclosed | not named |
| Enfinity Global Wind Energy Equipment & Services | 4 Sep 2025 | $368M | not disclosed | not named |
| Swift Current Energy Wind Energy Equipment & Services | 4 Sep 2025 | $242M | not disclosed | not named |
| Wind Energy Equipment & Services | 3 Mar 2026 | $175M | not disclosed | Nuveen Energy Infrastructure Credit |
| AUKERA Wind Energy Equipment & Services | 15 Sep 2025 | $123M | not disclosed | not named |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Low Carbon raise in its Growth round?
Low Carbon raised $1.40B in its Growth round, announced in Dec 2025.
Who led Low Carbon's Growth round?
CVC DIF led it, with MassMutual Ventures.
What was Low Carbon's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Wind Energy Equipment & Services?
11 Growth rounds in Wind Energy Equipment & Services within a year either side disclosed an amount; the median was $140M, and this round was 10 times the median.