Desmos Capital Partners, a sustainability-focused investment advisory firm founded by former UK energy minister Chris Skidmore, has expanded through the establishment of four new regional centres. Skidmore, who signed the UK’s legally binding net zero commitment in 2019, said the new offices – located in Paris, Amsterdam, Johannesburg and Toronto – would allow Desmos to meet growing global interest in supporting companies focused on the scaling up of sustainable and low emissions technologies. Since launch in July, Desmos has secured more than ten mandates to raise over £250 million (US$317 million) in capital for companies across the world. This includes a €30 million (US$31.6 million) raise for Meatable, a lab-grown meat technology recognised by Time Magazine as one of the Top 200 Innovations of 2024. The new capital is intended to establish the Netherlands-based firm as a global leader in cultivated meat, to help deliver emissions reductions and enable a transformation of the meat industry away from non-sustainable practices. Desmos’ expansion aims to establish the firm as a global sustainable investment bank, specialising in supporting green and sustainable technologies across emerging markets, with plans to expand into the US in 2025. “Since announcing the creation of Desmos, I’ve been taken aback by the level of support but also by the tremendous demand from companies focused on the technologies and solutions of tomorrow to provide a sustainable future,” said Skidmore, Chair and Founding Partner, speaking at COP29. “Desmos is here to play its role in facilitating the wider energy transition and the transformation towards a sustainable economy.”
