Seedcamp invested in Treecard in 2021.
Seedcamp is a European seed-stage venture capital fund which was launched in London in 2007. Seedcamp has a successful track record of being the earliest backer of a number of leading companies such as Revolut, Wise, Hopin and UiPath. Seedcamp tend to have standard investment and legal terms for the pre-seed round and will follow the terms of lead investors at the seed round. Seedcamp will lead pre-seed investment rounds but will partner with other lead investors for seed rounds. Seedcamp tends to invest £300k in exchange for 6-7% at the pre-seed level and £500k at the seed level.
Treecard is a UK fintech offering a spending card made out of wood and the promise to fund reforesting via the interchange fees generated. Treecard is powered by Ecosia and was launched with $5.1M in seed funding in 2021.
Seedcamp find Treecard really interesting because it makes consumers feel like they can actively take real action to make the world a better and more sustainable place.
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