Steven Poulter was part of the founding team at Barclays Climate Ventures and helped build a portfolio of 20+ climate technology companies.

Steven Poulter has stepped down from his role as head of Barclays Climate Ventures, the corporate VC arm of Barclays.

Poulter was part of the founding team at Barclays Climate Ventures, helping invest over £275m ($363m) and building a portfolio of more than 20 climate technology companies spanning areas including energy storage, building retrofit and clean energy.

Andrew Challis and Gavin Chapman, previously co-heads of the principal investments business, have taken over as head of Barclays Climate Ventures.

Poulter has spent over 26 years in various roles at Barclays, with the last two as head of the ventures team. While he did not share his next move, he expressed his intention to remain active in the climate and innovation ecosystem.

Founded in 2020, Barclays Climate Ventures has a mandate to invest up to £500m ($660m) of its own capital by 2027. It seeks to invest in decarbonisation technologies that facilitate the transition in carbon-intensive sectors, especially those with significant client exposure, such as energy and power, real estate and food and agriculture.


See all the recent deals by Barclays Climate Ventures in the CVC Funding Round Database
Oishani Mitra

Oishani Mitra is the content manager for Global Corporate Venturing.