Announced

OGCI Climate Investments and Barclays Sustainable Impact Capital led a $51m Series B round in LuxWall.

Synopsis

OGCI Climate Investments, a specialist investor focused on accelerating capital-efficient decarbonization of heavy emitting sectors, and Barclays Sustainable Impact Capital, venture capital arm of Barclays, led a $51m Series B round in LuxWall, a company focused on the product development, scaling, and commercializing of energy-efficient glass products and solutions, with participation from Carbon Equity, The Nature Conservancy, Breakthrough Energy Ventures, Prelude Ventures, 2150, Khosla Ventures and Baruch Future Ventures. “This funding is a major vote of confidence in LuxWall, and we welcome the support of new decarbonization and impact-focused investors, along with our existing backers. LuxWall is fortunate to have such a strong investor syndicate to propel our vision of Bettering the Built Environment,” Scott Thomsen, LuxWall CEO and Co-Founder.

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