Orrick Advises Hitachi Ventures in Its Investment in BeZero Carbon’s Financing


Orrick advised Hitachi Ventures in its investment in voluntary carbon market ratings agency BeZero Carbon’s $50 million Series B financing round. This is the biggest Series B raise in UK climate tech this year.

Quantum Energy Partners led the round with follow-on investments from Molten Ventures, Norrsken VC, Illuminate Financial, Qima and Contrarian Ventures, as well as  strategic investments from EDF Pulse Ventures and Intercontinental Exchange, in addition to Hitachi.

The Orrick team advising Hitachi on this transaction includes Shawn Atkinson, Thomas Schmid and Stephen Tallon.