• Pippa Gawley

Zero Carbon Fund leads pre-seed investment in Phycobloom

We are super-excited to announce our investment in the pre-seed funding round of Phycobloom, a UK-based bio-technology company engineering algae that will enable cheap, carbon-neutral biofuels that can power future air travel and more.


Phycobloom is using synthetic biology to create novel strains of algae that will use atmospheric CO2 to create affordable and sustainable hydrocarbons. The founders are Dr Ian Hu, who has been genetically engineering algae for a decade, and Dr John Waite, with a background in materials science and a passion for creating the sustainable energy systems of the future. The new investment round will enable them to build on their cutting-edge research in gene editing, and move toward commercial validation by building several lab-scale prototypes.


“We are thrilled to joining the Zero Carbon Fund portfolio and to have their support while building the next generation of climate mitigation technologies that the world so desperately needs" Dr John Waite, CEO of Phycobloom.

This is exactly the type of company we want to support. John and Ian are incredibly smart, mission-driven founders, working on an innovative scientific solution to a part of our Carbon Economy that is responsible for over half-a-gigaton of CO2 emissions per year.

The round was oversubscribed, which is no mean feat in these times and Pippa will take an investor director board seat with Phycobloom.

Welcome Ian and John to the Zero Carbon Capital family.

0 comments

Risk to Capital
Investing in start-ups and early-stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution. It should be done only as part of a diversified portfolio. Any investments are targeted exclusively at investors who understand the risks of investing in early-stage businesses and can make their own investment decisions. Any pitches for investment are not offers to the public.

Financial Services Compensation Scheme Disclaimer
Investments made in investee companies via funds managed by Sapphire Capital Partners LLP are not covered by the Financial Services Compensation Scheme (FSCS). For more details, please
contact us or refer to their website: https://www.fscs.org.uk

Zero Carbon Capital Limited is a private limited company registered in England and Wales with registration number 12028532. Registered office: Station House, North Street, Havant, England, PO9 1QU.

Zero Carbon Capital Limited (FRN: 916588) is an appointed representative of Sapphire Capital Partners LLP (FRN: 565716), who are authorised and regulated by the Financial Conduct Authority.

©2020 by Zero Carbon Capital Limited - Terms - Privacy