Taranis Carbon Ventures

About Taranis Carbon Ventures

Taranis Carbon Ventures is the carbon and climate-tech venture capital arm of Taranis Investment, an asset-management company wholly owned by the Perenco Group, the privately-held Anglo-French independent oil and gas major. The carbon-ventures arm is headquartered in London, United Kingdom with Taranis Investment operating across additional offices in Paris, Dakar and Kinshasa. Taranis Carbon Ventures was launched as a €200 million dedicated venture capital fund with USD 175 million (approximately €160 million) invested to date across the climate-tech portfolio. Taranis as a platform operates three fund vehicles spanning the energy-transition opportunity set: Carbon Ventures (€200 million climate-tech venture), Energy for Africa (energy infrastructure for African markets) and Nature-Based Solutions (natural-capital and ecological restoration). Estimated assets under management as of December 2024 for the Carbon Ventures fund is approximately €200 million committed and €130 million-plus invested. The Carbon Ventures fund is led by Emmanuel Colombel as CEO, who previously served as Chief Financial Officer of Perenco for over a decade.

Investment thesis

Taranis Carbon Ventures backs innovative technologies that tackle the fundamental challenge of climate change head on through Series A and Series B funding rounds for proven hardware technologies. The thesis is deliberately deep-tech and capital-intensive: the fund explicitly targets proven hardware (post-laboratory, pre-commercial scale-up stage) rather than software-only climate platforms. Sector focus spans four interconnected verticals: carbon capture and utilisation including post-combustion capture, membrane technologies and direct air capture, plastic recycling covering collection, sorting and chemical recycling, methane emissions abatement including flaring reduction and leak detection, and carbon dioxide removal including mineralisation and engineered removals. Geographic focus is Europe and North America reflecting where deep-tech hardware ecosystems and offtake markets are most developed. Ticket sizes are not publicly disclosed but typical Series A and B participation in capital-intensive hardware suggests €5 to 15 million initial cheques with significant follow-on reserves. The sole limited partner is the Perenco Group via Taranis Investment, providing patient single-LP committed capital and access to in-house engineering capabilities to support portfolio companies through critical technical phases including pilot scale-up, refinery integration and offtake-partner introductions.

Recent activity

Recent investments include Pryme N.V. in plastic chemical recycling and pyrolysis (€10 million investment 2024), Cool Planet Technologies in carbon capture and membrane CCS (2024), Earth Wake in plastic pyrolysis (2024), Novoloop in plastic chemical recycling and advanced upcycling (2025), Econic Technologies in carbon utilisation and CO2 polyols and surfactants (2025), Resynergi in plastic pyrolysis and chemical recycling (2025), Circ in textile and fashion-waste chemical recycling (2025), RepAir Carbon in direct air capture and electrochemical (2025), Elemental in carbon nano-materials (2025), Spark Cleantech in hydrogen production and methane pyrolysis (2025) and Daphne Technology in methane emissions abatement and maritime (2026). No exits have been publicly disclosed as of May 2026 given the Carbon Ventures fund vintage and the deep-tech hardware Series A and B stage focus. Detailed buyer names and multiple data available on Pro at €29/month.