The London Technology team advised Balderton and Lowercarbon on their lead investment into Uncommon’s $30 million Series A round. Other investors included a number institutional and angel investors, including OpenAI’s Sam Altman.
Uncommon (formerly Higher Steaks) is a Cambridge (UK)-based company with a goal to provide customers with juicy, tender and delicious meat without harming their health, the planet and animals. Using state-of-the-art cell culture techniques, a small sample of cells from an animal are expanded by feeding these cells a rich and animal free growth media. Once these cells have grown, the company can use different methods to form the desired meat product.
Balderton is one of Europe’s leading multi stage venture capital investors, focused exclusively on European-founded technology companies. They invest in companies with the potential to disrupt huge industries and the ambition to scale globally. They have a track record of backing breakthrough companies such as MySQL, Revolut, Beauty Pie, Darktrace and Depop.
Lowercarbon is a multi-billion-dollar climate fund led by Chris Sacca, his wife Crystal Sacca, and Clay Dumas, aimed at backing companies that develop technologies to reduce CO2 in the atmosphere. In their own words, they aim to '[buy] us time to unfuck the planet.'
The Goodwin team was led by Ali Ramadan and Charles Baker.