SC Net Zero Ventures

SC Net Zero Ventures is a venture capital fund dedicated to accelerating the energy transition by investing in technologies that promote decarbonization and the circular economy. Managed by Suma Capital in strategic alliance with Repsol, the fund targets companies developing innovative solutions in areas such as low-carbon mobility, industrial decarbonization, and renewable energy. With a diversified investor base, including Repsol as the main investor, SC Net Zero Ventures aims to support the growth and international expansion of startups with proven technologies ready for industrial-scale application. The fund's objective is to bridge the 'scale-up gap' for climate technologies, particularly those addressing high-emission sectors, by providing capital to mature startups poised for significant impact in the global decarbonization efforts. Through its strategic investments, SC Net Zero Ventures seeks to contribute to a sustainable future by fostering innovation and supporting the transition to a net-zero carbon economy.

The fund's investment strategy focuses on identifying and scaling disruptive technologies that can effectively reduce CO₂ emissions and promote the revalorization of waste. By concentrating on sectors such as low-carbon mobility, industrial decarbonization, and renewable energy, SC Net Zero Ventures aims to make a lasting impact on the global energy landscape. The management team combines Suma Capital's expertise in ESG investments with Repsol's experience in venture capital and energy transition technologies, supported by a technology committee comprising scientists from the Repsol Technology Lab and independent experts. This collaborative approach ensures a comprehensive evaluation of investment opportunities and the strategic alignment of portfolio companies with the fund's sustainability objectives.

SC Net Zero Ventures has demonstrated a strong commitment to its mission by successfully raising €125 million in its first investment closing, with a target of €150 million. This substantial backing underscores the confidence of investors in the fund's strategic vision and its potential to drive meaningful change in the energy sector. The fund's focus on scaling technologies that contribute to decarbonization and the circular economy positions it as a key player in the global effort to combat climate change and achieve net-zero emissions by 2050. Through its investments, SC Net Zero Ventures continues to support the growth of companies that are at the forefront of the energy transition, fostering innovation and promoting sustainable practices across industries.