Isometric - Series A (first close)

Terms

Announced

22 Jun 2026

Instrument

Equity

Amount

US$40.0mReported as US$40m Series A

Source

isometric.com

Parties

Project developer

Isometric

Recipient type

Marketplace

Country

United Kingdom

Capital providers

Capital providers and the amount counted for each

Party	Role	Amount	Basis
AVP	Lead investor	US$5.00m	Estimated: an even share, 1 of 8
BY Venture Partners	Investor	US$5.00m	Estimated: an even share, 1 of 8
Dubai Future District Fund	Investor	US$5.00m	Estimated: an even share, 1 of 8
Earth VC	Investor	US$5.00m	Estimated: an even share, 1 of 8
Plug and Play	Investor	US$5.00m	Estimated: an even share, 1 of 8
Lowercarbon Capital	Investor	US$5.00m	Estimated: an even share, 1 of 8
Plural	Investor	US$5.00m	Estimated: an even share, 1 of 8
Illusian	Investor	US$5.00m	Estimated: an even share, 1 of 8

Carbon

Pathway

Carbon market infrastructure

Project type as recorded

Carbon removal registry and certification platform

Structure and cover

Structure flag

Intermediary / platform equity

What happened

Series A first close of US$40m, announced 22 June 2026, led by AVP with the existing institutional investors (every one participated, including Plural and Lowercarbon Capital) and new investors BYVP, Plug and Play, Illusian, Earth VC and DFDF, plus personal investments from John Doerr and Walter Kortschak. Closing wording: 'Isometric raises $40M'. Extended by US$10m on 15 September 2026 (EQ-246). Isometric operates a carbon removal registry and the Certify platform, is based in London and New York, and says seed and Series A together total US$75m.

Kumo note

First close of a Series A that was extended by US$10m in September 2026 when Intercontinental Exchange joined (EQ-246). || Capital into the measurement layer rather than into a project. Isometric issues no credits of its own and removes no carbon; it certifies what others do, so this money buys market infrastructure and not tonnes.

Next step