diff --git a/CODEOWNERS b/CODEOWNERS
index db48e25743..180024cd37 100644
--- a/CODEOWNERS
+++ b/CODEOWNERS
@@ -162,6 +162,7 @@ esphome/components/gps/* @coogle
 esphome/components/graph/* @synco
 esphome/components/graphical_display_menu/* @MrMDavidson
 esphome/components/gree/* @orestismers
+esphome/components/grove_gas_mc_v2/* @YorkshireIoT
 esphome/components/grove_tb6612fng/* @max246
 esphome/components/growatt_solar/* @leeuwte
 esphome/components/gt911/* @clydebarrow @jesserockz
diff --git a/esphome/components/grove_gas_mc_v2/__init__.py b/esphome/components/grove_gas_mc_v2/__init__.py
new file mode 100644
index 0000000000..e69de29bb2
diff --git a/esphome/components/grove_gas_mc_v2/grove_gas_mc_v2.cpp b/esphome/components/grove_gas_mc_v2/grove_gas_mc_v2.cpp
new file mode 100644
index 0000000000..ed40ba42a5
--- /dev/null
+++ b/esphome/components/grove_gas_mc_v2/grove_gas_mc_v2.cpp
@@ -0,0 +1,88 @@
+#include "grove_gas_mc_v2.h"
+#include "esphome/core/hal.h"
+#include "esphome/core/log.h"
+
+namespace esphome {
+namespace grove_gas_mc_v2 {
+
+static const char *const TAG = "grove_gas_mc_v2";
+
+// I2C Commands for Grove Gas Multichannel V2 Sensor
+// Taken from:
+// https://github.com/Seeed-Studio/Seeed_Arduino_MultiGas/blob/master/src/Multichannel_Gas_GroveGasMultichannelV2.h
+static const uint8_t GROVE_GAS_MC_V2_HEAT_ON = 0xFE;
+static const uint8_t GROVE_GAS_MC_V2_HEAT_OFF = 0xFF;
+static const uint8_t GROVE_GAS_MC_V2_READ_GM102B = 0x01;
+static const uint8_t GROVE_GAS_MC_V2_READ_GM302B = 0x03;
+static const uint8_t GROVE_GAS_MC_V2_READ_GM502B = 0x05;
+static const uint8_t GROVE_GAS_MC_V2_READ_GM702B = 0x07;
+
+bool GroveGasMultichannelV2Component::read_sensor_(uint8_t address, sensor::Sensor *sensor) {
+  if (sensor == nullptr) {
+    return true;
+  }
+  uint32_t value = 0;
+  if (!this->read_bytes(address, (uint8_t *) &value, 4)) {
+    ESP_LOGW(TAG, "Reading Grove Gas Sensor data failed!");
+    this->error_code_ = COMMUNICATION_FAILED;
+    this->status_set_warning();
+    return false;
+  }
+  sensor->publish_state(value);
+  return true;
+}
+
+void GroveGasMultichannelV2Component::setup() {
+  ESP_LOGCONFIG(TAG, "Setting up Grove Multichannel Gas Sensor V2...");
+
+  // Before reading sensor values, must preheat sensor
+  if (!(this->write_bytes(GROVE_GAS_MC_V2_HEAT_ON, {}))) {
+    this->mark_failed();
+    this->error_code_ = APP_START_FAILED;
+  }
+}
+
+void GroveGasMultichannelV2Component::update() {
+  // Read from each of the gas sensors
+  if (!this->read_sensor_(GROVE_GAS_MC_V2_READ_GM102B, this->nitrogen_dioxide_sensor_))
+    return;
+  if (!this->read_sensor_(GROVE_GAS_MC_V2_READ_GM302B, this->ethanol_sensor_))
+    return;
+  if (!this->read_sensor_(GROVE_GAS_MC_V2_READ_GM502B, this->tvoc_sensor_))
+    return;
+  if (!this->read_sensor_(GROVE_GAS_MC_V2_READ_GM702B, this->carbon_monoxide_sensor_))
+    return;
+
+  this->status_clear_warning();
+}
+
+void GroveGasMultichannelV2Component::dump_config() {
+  ESP_LOGCONFIG(TAG, "Grove Multichannel Gas Sensor V2");
+  LOG_I2C_DEVICE(this)
+  LOG_UPDATE_INTERVAL(this)
+  LOG_SENSOR("  ", "Nitrogen Dioxide", this->nitrogen_dioxide_sensor_)
+  LOG_SENSOR("  ", "Ethanol", this->ethanol_sensor_)
+  LOG_SENSOR("  ", "Carbon Monoxide", this->carbon_monoxide_sensor_)
+  LOG_SENSOR("  ", "TVOC", this->tvoc_sensor_)
+
+  if (this->is_failed()) {
+    switch (this->error_code_) {
+      case COMMUNICATION_FAILED:
+        ESP_LOGW(TAG, "Communication failed! Is the sensor connected?");
+        break;
+      case APP_INVALID:
+        ESP_LOGW(TAG, "Sensor reported invalid APP installed.");
+        break;
+      case APP_START_FAILED:
+        ESP_LOGW(TAG, "Sensor reported APP start failed.");
+        break;
+      case UNKNOWN:
+      default:
+        ESP_LOGW(TAG, "Unknown setup error!");
+        break;
+    }
+  }
+}
+
+}  // namespace grove_gas_mc_v2
+}  // namespace esphome
diff --git a/esphome/components/grove_gas_mc_v2/grove_gas_mc_v2.h b/esphome/components/grove_gas_mc_v2/grove_gas_mc_v2.h
new file mode 100644
index 0000000000..1987d33f37
--- /dev/null
+++ b/esphome/components/grove_gas_mc_v2/grove_gas_mc_v2.h
@@ -0,0 +1,39 @@
+#pragma once
+
+#include "esphome/components/i2c/i2c.h"
+#include "esphome/components/sensor/sensor.h"
+#include "esphome/core/component.h"
+#include "esphome/core/preferences.h"
+
+namespace esphome {
+namespace grove_gas_mc_v2 {
+
+class GroveGasMultichannelV2Component : public PollingComponent, public i2c::I2CDevice {
+  SUB_SENSOR(tvoc)
+  SUB_SENSOR(carbon_monoxide)
+  SUB_SENSOR(nitrogen_dioxide)
+  SUB_SENSOR(ethanol)
+
+ public:
+  /// Setup the sensor and test for a connection.
+  void setup() override;
+  /// Schedule temperature+pressure readings.
+  void update() override;
+
+  void dump_config() override;
+
+  float get_setup_priority() const override { return setup_priority::DATA; }
+
+ protected:
+  enum ErrorCode {
+    UNKNOWN,
+    COMMUNICATION_FAILED,
+    APP_INVALID,
+    APP_START_FAILED,
+  } error_code_{UNKNOWN};
+
+  bool read_sensor_(uint8_t address, sensor::Sensor *sensor);
+};
+
+}  // namespace grove_gas_mc_v2
+}  // namespace esphome
diff --git a/esphome/components/grove_gas_mc_v2/sensor.py b/esphome/components/grove_gas_mc_v2/sensor.py
new file mode 100644
index 0000000000..0c35047850
--- /dev/null
+++ b/esphome/components/grove_gas_mc_v2/sensor.py
@@ -0,0 +1,77 @@
+import esphome.codegen as cg
+from esphome.components import i2c, sensor
+import esphome.config_validation as cv
+from esphome.const import (
+    CONF_CARBON_MONOXIDE,
+    CONF_ETHANOL,
+    CONF_ID,
+    CONF_NITROGEN_DIOXIDE,
+    CONF_TVOC,
+    DEVICE_CLASS_CARBON_MONOXIDE,
+    DEVICE_CLASS_NITROGEN_DIOXIDE,
+    DEVICE_CLASS_VOLATILE_ORGANIC_COMPOUNDS,
+    ICON_AIR_FILTER,
+    ICON_FLASK_ROUND_BOTTOM,
+    ICON_GAS_CYLINDER,
+    ICON_MOLECULE_CO,
+    STATE_CLASS_MEASUREMENT,
+    UNIT_MICROGRAMS_PER_CUBIC_METER,
+    UNIT_PARTS_PER_MILLION,
+)
+
+CODEOWNERS = ["@YorkshireIoT"]
+DEPENDENCIES = ["i2c"]
+
+grove_gas_mc_v2_ns = cg.esphome_ns.namespace("grove_gas_mc_v2")
+
+GroveGasMultichannelV2Component = grove_gas_mc_v2_ns.class_(
+    "GroveGasMultichannelV2Component", cg.PollingComponent, i2c.I2CDevice
+)
+
+CONFIG_SCHEMA = (
+    cv.Schema(
+        {
+            cv.GenerateID(): cv.declare_id(GroveGasMultichannelV2Component),
+            cv.Optional(CONF_TVOC): sensor.sensor_schema(
+                unit_of_measurement=UNIT_MICROGRAMS_PER_CUBIC_METER,
+                icon=ICON_AIR_FILTER,
+                accuracy_decimals=0,
+                device_class=DEVICE_CLASS_VOLATILE_ORGANIC_COMPOUNDS,
+                state_class=STATE_CLASS_MEASUREMENT,
+            ),
+            cv.Optional(CONF_CARBON_MONOXIDE): sensor.sensor_schema(
+                unit_of_measurement=UNIT_PARTS_PER_MILLION,
+                icon=ICON_MOLECULE_CO,
+                accuracy_decimals=0,
+                device_class=DEVICE_CLASS_CARBON_MONOXIDE,
+                state_class=STATE_CLASS_MEASUREMENT,
+            ),
+            cv.Optional(CONF_NITROGEN_DIOXIDE): sensor.sensor_schema(
+                unit_of_measurement=UNIT_MICROGRAMS_PER_CUBIC_METER,
+                icon=ICON_GAS_CYLINDER,
+                accuracy_decimals=0,
+                device_class=DEVICE_CLASS_NITROGEN_DIOXIDE,
+                state_class=STATE_CLASS_MEASUREMENT,
+            ),
+            cv.Optional(CONF_ETHANOL): sensor.sensor_schema(
+                unit_of_measurement=UNIT_PARTS_PER_MILLION,
+                icon=ICON_FLASK_ROUND_BOTTOM,
+                accuracy_decimals=0,
+                state_class=STATE_CLASS_MEASUREMENT,
+            ),
+        }
+    )
+    .extend(cv.polling_component_schema("60s"))
+    .extend(i2c.i2c_device_schema(0x08))
+)
+
+
+async def to_code(config):
+    var = cg.new_Pvariable(config[CONF_ID])
+    await cg.register_component(var, config)
+    await i2c.register_i2c_device(var, config)
+
+    for key in [CONF_TVOC, CONF_CARBON_MONOXIDE, CONF_NITROGEN_DIOXIDE, CONF_ETHANOL]:
+        if sensor_config := config.get(key):
+            sensor_ = await sensor.new_sensor(sensor_config)
+            cg.add(getattr(var, f"set_{key}_sensor")(sensor_))
diff --git a/esphome/const.py b/esphome/const.py
index bfb0167282..506a30f5ed 100644
--- a/esphome/const.py
+++ b/esphome/const.py
@@ -962,6 +962,7 @@ ICON_ACCELERATION_Y = "mdi:axis-y-arrow"
 ICON_ACCELERATION_Z = "mdi:axis-z-arrow"
 ICON_ACCOUNT = "mdi:account"
 ICON_ACCOUNT_CHECK = "mdi:account-check"
+ICON_AIR_FILTER = "mdi:air-filter"
 ICON_ARROW_EXPAND_VERTICAL = "mdi:arrow-expand-vertical"
 ICON_BATTERY = "mdi:battery"
 ICON_BLUETOOTH = "mdi:bluetooth"
@@ -983,6 +984,7 @@ ICON_FINGERPRINT = "mdi:fingerprint"
 ICON_FLASH = "mdi:flash"
 ICON_FLASK = "mdi:flask"
 ICON_FLASK_OUTLINE = "mdi:flask-outline"
+ICON_FLASK_ROUND_BOTTOM = "mdi:flask-round-bottom"
 ICON_FLOWER = "mdi:flower"
 ICON_GAS_CYLINDER = "mdi:gas-cylinder"
 ICON_GAUGE = "mdi:gauge"
@@ -995,6 +997,7 @@ ICON_KEY_PLUS = "mdi:key-plus"
 ICON_LIGHTBULB = "mdi:lightbulb"
 ICON_MAGNET = "mdi:magnet"
 ICON_MEMORY = "mdi:memory"
+ICON_MOLECULE_CO = "mdi:molecule-co"
 ICON_MOLECULE_CO2 = "mdi:molecule-co2"
 ICON_MOTION_SENSOR = "mdi:motion-sensor"
 ICON_NEW_BOX = "mdi:new-box"
diff --git a/tests/components/grove_gas_mc_v2/common.yaml b/tests/components/grove_gas_mc_v2/common.yaml
new file mode 100644
index 0000000000..0729e6b9c7
--- /dev/null
+++ b/tests/components/grove_gas_mc_v2/common.yaml
@@ -0,0 +1,13 @@
+sensor:
+  - platform: grove_gas_mc_v2
+    i2c_id: i2c_bus
+    nitrogen_dioxide:
+      name: "Nitrogen Dioxide"
+    ethanol:
+      name: "Ethanol"
+    carbon_monoxide:
+      name: "Carbon Monoxide"
+    tvoc:
+      name: "Volatile Organic Compounds"
+    update_interval: 30s
+    address: 0xAD
diff --git a/tests/components/grove_gas_mc_v2/test.esp32-ard.yaml b/tests/components/grove_gas_mc_v2/test.esp32-ard.yaml
new file mode 100644
index 0000000000..00c7856c36
--- /dev/null
+++ b/tests/components/grove_gas_mc_v2/test.esp32-ard.yaml
@@ -0,0 +1,6 @@
+i2c:
+  sda: 21
+  scl: 22
+  id: i2c_bus
+
+<<: !include common.yaml
diff --git a/tests/components/grove_gas_mc_v2/test.esp32-idf.yaml b/tests/components/grove_gas_mc_v2/test.esp32-idf.yaml
new file mode 100644
index 0000000000..00c7856c36
--- /dev/null
+++ b/tests/components/grove_gas_mc_v2/test.esp32-idf.yaml
@@ -0,0 +1,6 @@
+i2c:
+  sda: 21
+  scl: 22
+  id: i2c_bus
+
+<<: !include common.yaml
diff --git a/tests/components/grove_gas_mc_v2/test.esp8266-ard.yaml b/tests/components/grove_gas_mc_v2/test.esp8266-ard.yaml
new file mode 100644
index 0000000000..2de18bdf39
--- /dev/null
+++ b/tests/components/grove_gas_mc_v2/test.esp8266-ard.yaml
@@ -0,0 +1,6 @@
+i2c:
+  sda: 4
+  scl: 5
+  id: i2c_bus
+
+<<: !include common.yaml
diff --git a/tests/components/grove_gas_mc_v2/test.rp2040-ard.yaml b/tests/components/grove_gas_mc_v2/test.rp2040-ard.yaml
new file mode 100644
index 0000000000..00c7856c36
--- /dev/null
+++ b/tests/components/grove_gas_mc_v2/test.rp2040-ard.yaml
@@ -0,0 +1,6 @@
+i2c:
+  sda: 21
+  scl: 22
+  id: i2c_bus
+
+<<: !include common.yaml