Climate VC, San Francisco
Lowercarbon Capital
Venture capital firm · San Francisco · Founded 2018
Quick read
Lowercarbon Capital is a climate-focused VC firm founded by Chris and Crystal Sacca, headquartered in San Francisco (registered in Jackson, WY). It backs companies slashing CO₂ emissions, removing carbon from the atmosphere, and buying time against climate change — with ~$1.2B AUM and a portfolio spanning fusion energy, carbon removal, industrial decarbonization, and beyond. The firm takes a deliberately broad view: if markets can fix the planet faster than activism, Lowercarbon is writing the check.
Key facts
- Founded
- 2018
- Founders
- Chris Sacca, Crystal Sacca, Clay Dumas
- Employees
- 28
- Sectors
- climate
- Website
- lowercarbon.com
Investment thesis
Lowercarbon backs companies across three buckets — slashing new CO₂ emissions, sucking carbon out of the atmosphere, and buying more time against climate change — betting that profitable markets, not shame, will decarbonize the planet. The firm also funds nonprofit research when the science is critical but no business model yet exists.
Recent activity
- Oct 2025investmentLowercarbon co-led a £50m funding round in Fuse Energy alongside Balderton Capital. Fuse operates a vertically integrated renewable energy company targeting lower household energy costs. soapbox.vc
- 2025investmentTracxn recorded one new Lowercarbon investment in the past 12 months as of Feb 2026, with the most recent being a Seed round participation in Emerald Overall. tracxn.com
- 2024pressLowercarbon-backed fusion startups collectively won 70% of a $46m DOE award program supporting eight fusion companies building their first power plants. muskviewer.com
- 2024leadershipLyna Kim joined Lowercarbon as an Associate. She previously co-founded LightbulbML, an AI patent software service acquired in 2024, and built AI weather forecasting systems at WindBorne Systems. lowercarbon.com
- Nov 2025fundraiseLowercarbon Capital announced it's raising a second nuclear fusion fund, disclosed at the SOSV Climate Tech Summit. The new fund is expected to exceed the $250M fusion-focused fund raised in 2022. Fund size was not publicly confirmed. mezha.net
- Apr 2025investmentLowercarbon led the Series B round for Crux, a transferable tax credit marketplace co-founded by Alfred Johnson and Allen Kramer. Lowercarbon had put in the first dollars at seed stage two years prior. lowercarbon.com
- 2025leadershipAlexandra Frumar joined Lowercarbon Capital as General Counsel. She previously served as Chief Legal Officer at Lowercarbon portfolio company Remora, and before that co-founded FD Law, a boutique firm serving the Y Combinator community. lowercarbon.com
- Mar 2025investmentLowercarbon participated in Epoch Biodesign's €17M round, backing the biotech startup working to turn plastic waste into a circular resource. tracxn.com
- Feb 2025investmentLowercarbon co-invested in Pendulum's $22M total funding round alongside Cross Border Impact Ventures and Decisive Point. tracxn.com
- Dec 2024investmentLowercarbon participated in a funding round for Flair Systems alongside RectorSeal and SOSV, backing smart HVAC control solutions. tracxn.com
- Dec 2024investmentLowercarbon co-invested in SolarSquare's $40M Series B, India's largest solar startup funding round, alongside Lightspeed and Lightrock. tracxn.com
- 2024leadershipDuncan Carlson posted a rare hiring alert for a Technical Lead on Lowercarbon's growth investing team, one of the firm's few public job openings. linkedin.com
Notable investments
- Fuse Energy£50m (round stage not specified)Oct 2025soapbox.vc
- Emerald OverallSeed2025tracxn.com
- Crux ClimateSeed2023sotwe.com
- CruxSeries BApr 2025lowercarbon.com
- Avalanche EnergySeries AApr 2023avalanchefusion.com
- Epoch BiodesignSeries AMar 2025tracxn.com
- PendulumUndisclosedFeb 2025tracxn.com
- Flair SystemsUndisclosedDec 2024tracxn.com
- SolarSquareSeries BDec 2024tracxn.com
- BiosphereSeed2024linkedin.com
- CruxSeed2023linkedin.com
- WatershedSeries B2022linkedin.com
Key people
Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.
- Chris Sacca · Co-Founder & Partner
- Crystal Sacca · Co-Founder & Partner
- Clay Dumas · Founding Partner
- Shuo Yang · Partner
- Scott Hsu · Fusion Partner
- Duncan Carlson · Growth Investing Lead
- Lauren Faber O'Connor · Partner
- Shawn Xu · Investor
- Ryder Kimball · Team Member
- Rachel Williams · Team Member
Sources
- Chris Sacca | Lowercarbon Capital
- Lowercarbon Capital - VC Fund Breakdown
- Lowercarbon Capital - 2026 Investor Profile - Tracxn
- Lowercarbon Capital | LinkedIn
- Crystal Sacca - Founding Partner, Lowercarbon Capital
- Chris Sacca on LinkedIn: Expanding our partnership with Lowercarbon Capital
- Alex Laplaza - Lowercarbon Capital
- https://mezha.net/ua/bukvy/lowercarbon-capital-launches-second-fund-for-nuclear-fusion-startups/
- https://lowercarbon.com/2025/04/16/crux-series-b/
- https://lowercarbon.com/team/alexandra-frumar/
- https://www.soapbox.vc/investors/lowercarbon-capital
- https://tracxn.com/d/venture-capital/lowercarbon-capital/__h1Y6yAzJ1WjPGPu4pqjjmQEyQoZIlkN1hzYjqmQ6Zkc
- https://www.muskviewer.com/Lowercarbon
- https://lowercarbon.com/team/27943/
Other VCs in United States
- Sequoia Capital · Generalist VC, Menlo Park·
- Andreessen Horowitz · Generalist VC, Menlo Park·
- Benchmark Capital · Early-stage VC, San Francisco·
- Founders Fund · Contrarian VC, San Francisco·
- Khosla Ventures · Multi-stage VC, Menlo Park·
- Greylock Partners · Early-stage VC, Menlo Park
Explore VCs by sector
Globally
Frequently asked
What is Lowercarbon Capital?+
Lowercarbon Capital is a climate-focused VC firm founded by Chris and Crystal Sacca, headquartered in San Francisco (registered in Jackson, WY). It backs companies slashing CO₂ emissions, removing carbon from the atmosphere, and buying time against climate change — with ~$1.
Where is Lowercarbon Capital headquartered?+
Lowercarbon Capital is headquartered in San Francisco, United States.
When was Lowercarbon Capital founded?+
Lowercarbon Capital was founded in 2018 by Chris Sacca, Crystal Sacca, Clay Dumas.
What sectors does Lowercarbon Capital invest in?+
Lowercarbon Capital focuses on climate. They primarily invest in these sectors.
How do I prepare for a meeting with Lowercarbon Capital?+
Brief generates a structured pre-meeting briefing on any person at Lowercarbon Capital — quick read, recent activity, points of view, and conversation openers tailored to what you sell. Sign in to get personalised openers for your product.
Meeting with someone at Lowercarbon Capital?
Brief generates a structured pre-meeting briefing on any person in seconds.
Try Brief →Generated by briefthecall.com from public web sources. Last updated July 8, 2026. Each claim is linked to its source above.
Automatically generated by AI from public sources. May be inaccurate or out of date. Remove or correct this profile →