Venture capital fund · 1 deal
London, OS
Every published round Counteract took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Fugu Carbon | Seed | Jul 2024 | $1.7m | Participant | Jelix Ventures, SmartCompany, Startup Daily, Investible portfolio |
Companies Counteract has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Fugu Carbon | Creates machines that extract CO2 from the air and sell it to customers | Jul 2024, Seed | 1 | 0 |
Fund closes reported for Counteract, as distinct from the investments it has made.
Companies Counteract has backed that another company then bought. An exit for the holding, not a deal Counteract did.
Stories naming Counteract. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
InterEarth, a Western Australian biomass carbon storage venture, has drawn investment from Fund WA — its third deal — alongside Counteract and Foxglove Capital, and is working with Nasdaq-owned carbon registry Puro.earth.