Oxford's master's degree in carbon circle, Gao Tanchenai Jingwei voted together

It is predicted that in the next 30 years, China's investment in the field of carbon neutralization will reach about 140 trillion.

On August 1st, Gao Yan Venture Capital, Sequoia China, Jingwei Venture Capital, joined forces to return an Oxford return.

This is a carbon management enterprise established in 2011. At that time, the banquet Luhui, who graduated from the Master of Computer of Oxford University, entered a company with carbon emissions. It was also this work experience that became an opportunity to join the carbon career.

In 2009, the Copenhagen Climate Conference was held, and China promised that the GDP carbon emissions intensity by 2020 will decrease by 40%-50%from 2005. At this time, Yan Luhui realized that the opportunity came. Therefore, in 2011, he took the savings he made in the UK and returned to China to start a business. He established a software and consulting service provider focusing on carbon emission management. And carbon neutral and other products and services.

After the accumulation of 0 to 1, the carbon resistance has gradually opened up the situation, and has provided services for more than 1,200 companies and institutions such as Baidu, Ali, Tencent, bytes, Gaoma, and Dashu Capital. The most widely known is that carbon blocking has also become a professional partner and major low -carbon scenario developer of Ant Forest. Since 2018, carbon block income has begun to increase, with a compound annual growth rate of more than 100%. In 2020, the income exceeds 10 million yuan.

With the first year of the "double carbon", carbon blocking has become the focus of attention in the capital market. It has obtained two consecutive rounds of investment in Gaoma Venture Capital and Jingwei Venture Capital. Sequoia China is also joining this round.

Under this huge air outlet, a large number of decarbon companies like carbon blocking have come to the capital hotness period, becoming a beautiful landscape in the venture capital circle.

Oxford Master returned to China Entrepreneurship and entered the domestic carbon circle

In fact, carbon blocking has been working in the carbon circle for eleven years.

This starts with an Oxford returnees. In 2009, he graduated from the Master of Computers of the University of Oxford at the University of Oxford. Under the errors of yin and yang, a small company with carbon emissions was hired. The position was the development and operation of carbon emissions management software to support the carbon data for Pepsi and the London Olympics.

Although he didn't even know what carbon emissions and carbon footprints were at that time, after long -term accumulation of experience, he was also more interested in the carbon industry, and firmly believed that energy conservation and emission reduction would be a future trend.

In 2009, the Copenhagen Climate Conference was held, and China promised that the GDP carbon emissions intensity by 2020 will decrease by 40%-50%from 2005. At this time, the potential business opportunities of domestic carbon management began to take the lead, and several batch of low -carbon cities piloted, and some parks also began to apply for low -carbon parks.

At that time, China's carbon emissions reached about 10 billion tons, which was twice the global average unit GDP energy consumption. A large country, and carbon emissions account for 24%of the world's total emissions. This is not only a huge social pain point, but also a new blue ocean market. As a result, a group of carbon circles were eager to move, and Yan Luhui was one of them.

In 2011, he held 200,000 yuan earned in the UK, and applied to the government for entrepreneurial subsidies for overseas returnees from overseas returnees. Carbon blocking.

In the words of banquet Lu Hui, the industry at that time was still "a desert." It is inevitable that the growth of carbon blocking is not smooth.

At the beginning, carbon blocks could not receive the project at all, and the 300,000 entrepreneurial funds were left. In order to save the office rent, they simply office at home. One year later, the carbon blocker finally received the first single business. He went to Sichuan for training at 3,000 yuan, but the back and forth air tickets reached 5,000 yuan. If you ca n’t make money, the partner is also working with him for a few months to choose to find another way. Yan Luhui once thought about giving up and even voted for resumes, but because he firmly believed that this was the best time to open up the Chinese carbon market, or persisted.

Until the third year, with China's carbon emissions trading pilot market, more and more companies have the urgent needs of carbon emissions management. Carbon blocking has begun to receive normalized projects, such as helping companies to do software, websites, consulting and reports, etc. It is also this year that the company finally achieved a profit and loss balance.

In terms of products, the initial carbon resistance did the carbon nuclear calculation business that rely on manpower, which greatly affected work efficiency and quality. With the digital SaaS accounting tools in the industry, carbon blocking has also begun to transform from "people -oriented" to "software -based". In July 2021, the carbon blocker officially released the first one -stop carbon management platform, which was independently developed, carbon cloud CCloud, which included a series of in the carbon, carbon tray check, carbon asset management, carbon school, carbon neutralization and other series. Function plate. Its business covers SaaS products, consulting, training, etc.

In terms of income, since 2018, carbon block income has begun to increase, with a compound annual growth rate of more than 100%. In 2020, the income exceeds 10 million yuan. As of now, carbon blocking has provided services to more than 1,200 customers including Baidu, Ali, Tencent, bytes, Meituan, JD.com, Porsche, Starbucks, KFC, SKP, Gaozhang, Dajin Capital, and Construction Bank. Among them, the most out of circle is the cooperation with Alibaba. It is said that Alibaba took the initiative to find carbon blockers. The latter became a professional partner and major low -carbon scenario developer for ant forests to help the ant forest mobilize 550 million users to participate Low -carbon operations are planted with more than 220 million trees. In eleven years of dormant, I have been favored by Gao Yan, Sequoia, and Jingwei

Another tenth year of the lap was late.

According to Yan Luhui, "At that time, more than a thousand unpaid calls and even had super -active investment institutions on the mobile phone. Several senior executives took the company's official seal to visit."

This is a scene that appeared in May last year.

At that time, the news that carbon blockers were received by Gao Lao Venture Capital and Jingwei Venture Capital 50 million yuan in financing. Prior to this, the carbon resistance, which has been established for ten years, has not been watched by the capital market. In September 2020, China clearly proposed the "Carbon Dafeng" and the "carbon neutral" goal in 2060 in 2030. At the "Two Sessions" in 2021, carbon Dafeng, Carbon neutralized and was written into the work report of the State Council for the first time, and China officially opened the first year of the "double carbon". It is manifested in the capital market that the unprecedented strategic height of carbon neutralization, and more and more investment institutions have entered the game one after another. As a representative enterprise that has been cultivated in carbon emissions for ten years, it has naturally won the favor of Gao Lao Venture Capital and Jingwei Venture Capital.

One year later, the carbon blocker completed a new round of financing again, and the transaction amount reached 100 million yuan. In this round of financing, the investor camp is still luxurious, led by Sequoia China, and the old shareholders Gao Na Venture Capital and Jingwei Venture Investment continued to increase. The financing will be mainly used for the development of software products in core carbon pipes and the expansion of teams such as consulting, marketing, and business.

Yan Luhui said that in the first half of 2022, despite the double challenge of the capital of capital and the post -epidemic era, the carbon blocking business increased by nearly three times year -on -year.

Behind carbon blocking, behind the favors of the head institutions, it is the timely layout of Gao Yan, Sequoia, and Jingwei in the field of double carbon.

As early as the annual meeting of the Financial Street Forum in 2020, Zhang Lei said that Gao Yan had incorporated the ESG gene into the full life cycle management from the due diligence, to the investment decision -making, and the post -investment. In February 2021, Gao Yan released the "Carbon neutralization proposal", and hundreds of enterprises advocating investment formulated a low -carbon transformation plan. Subsequently, the first carbon neutralized research report in the investment industry was released, and the report sorted out the eight key areas and related investment opportunities to realize the "carbon neutrality".

Obviously, carbon neutralization has become an important investment direction of Gao Zhe. In June this year, Gao Yan's first RMB carbon neutralized industrial investment fund announced the completion of the first account, landing in Nanjing Jianye District, and the total scale was expected to exceed 4 billion yuan. Data statistics show that Gao Yan has accumulated a total of 50 billion in the field of carbon neutrality. In terms of specific projects, in addition to carbon blocking, Gao Yan also invested in agricultural production to assist emission reduction polar flying technology and biodegradable materials PHA company Lanjing Biotechnology and other projects.

In March of last year, Sequoia China co -established a carbon neutralization technology fund with a scale of 10 billion yuan and the Vision Science and Technology Group. In April, the carbon neutralized report was released, which deeply explored how investment institutions helped scientific and technological innovation and application exploration in the process of zero carbon.

In the field of investment, Sequoia China pays more attention to energy substitutions. As early as 2010, he invested in the photovoltaic system supplier "Grevat". According to statistics, from 2011 to 2021, Sequoia China has reached as many as 11 times in energy replacement of energy replacement, with a single investment amount of more than ten million levels, and the investment phase covers the front and late stage. The investment projects include National Kai New Energy and Ningbo Lavi Energy. In addition, it has also been deployed in the fields of smart energy, energy conservation and efficiency, communication equipment, carbon neutralization, and new materials.

As early as 2011, Jingwei Investment Investment invested in the "three Vacui Pwa" of the power conservation company, which was first involved in carbon neutralization. In the past two years, it has especially strengthened the layout of earlier rounds such as angel wheels, and mainly focused on the two types of carbon neutralization of energy substitution and energy conservation and efficiency. In November 2021, Jingwei Venture Capital invested in the Chinese University of Science and Technology, which is also the first pure angel project for its carbon neutralization.

VC/PE rushing towards decarburized enterprise uniforms

It is far more than the above three. Under the new round of air, VC/PE began to hunt "carbon neutrality" quickly.

According to the forecast of Tsinghua University and CICC, the amount of funds invested in China's investment in the carbon neutral in the next 30 years will reach about 140 trillion.

It is reflected in the corporate side that according to incomplete statistics, in the year of 2021, more than 3,000 market entities involving carbon neutralized in mainland China have reached more than 3,000. and.

In terms of specific projects, the characteristics of early and fast financing rhythm are presented.

For example, in July of this year, carbon neutral technology companies have announced the completion of A+round of financing, and investors include Jiuzhi Investment and Sequoia China. The company established in 2015 also ushered in a concentrated financing period in 2021. Since the PRE-A+round of financing participated in October 2021, 3 rounds of financing has been completed within 9 months. Among them, Sequoia China and Qi Ji Chuangta have been bets for two consecutive rounds. In February, carbon neutralization solution service provider carbon -weighing technology announced that it had received tens of millions of yuan of angel round financing, led by Yuanhe's original point. The carbon weighted technology was established in August 2021, and it was established in less than 7 months when the round of financing was established. At the beginning of its establishment, he also received seed round financing invested by Hungry Modi, the founder of the founder Wang Yuan. At present, carbon -weighing technology mainly provides customers with low -carbon digital and deep intelligent management analysis platforms to help enterprises quantify their own carbon emissions status. At the same time, accurate analysis is performed. Integrating ecological chain partners to provide a series of solutions for carbon reduction for enterprises, which involves it involves it involves it. The customer industry has spread throughout the chemical industry, manufacturing, government parks, construction, bank finance, insurance, etc.

In January, a million yuan financing of Dangfeng Capital Investment, which was established in only 8 months, was established for millions of dollars. The funds will be used for early team construction. In addition, there are Angel round financing, carbon cable energy from China Science and Technology Angel Fund, Shenzhen Science and Technology Advanced Investment participation, and carbon cable energy. Investment of 100 million yuan for capital, Jingwei Venture Capital, China Science and Technology Merchants ...

It can be seen that the calculation and management of carbon emissions, as infrastructure under the target of carbon neutrality, is becoming a new blue ocean market.

Behind this, due to the significant increase in the demand for decarburization by enterprises. In foreign countries, Microsoft has set up a $ 1 billion climate technology fund, promising to eliminate all greenhouse gases that their homes have discharged by 2050, and Amazon also launched a $ 2 billion Amazon Climate Promise Fund. In the domestic market, Tencent proposed that "no later than 2030, to achieve comprehensive carbon neutrality of its own operation and supply chain. At the same time, the goal of achieving 100%green power in 2030" "In the same way, the three major goals are proposed. In the standard of reaching the scope of carbon emission reduction in the international traffic, it is also pointed out that it will use 15 years to drive the ecological carbon reduction of 1.5 billion tons ... Buying orders has given birth to an emerging field such as the service of decarburized enterprises, and more and more people enter the bureau.

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