Category Archives: Uncategorized

Adaptavate enters commercial deployment phase following completion of a £4 million funding package

Adaptavate has secured a first close of a £4m funding package combining equity investment with major UK and European innovation funding, marking a significant milestone in the company’s evolution from technology development to commercial deployment. The funding will accelerate Adaptavate’s commercial licensing strategy and international manufacturing partnerships, enabling the company to help existing wallboard manufacturers…

Net Zero: The investment cost of standing still

Thiago Los, associate at Turquoise International, outlines why a grounded, resilient approach to net zero is essential for strengthening longterm market competitiveness, in an article originally shared in Finance Derivative. Britain’s energy debate has become louder, angrier and less useful for those who need clarity: the investors allocating capital, and the businesses and households that…

Kubos secures USD 2.1 million investment to accelerate development of novel material microLEDs for high-speed optical interconnects

Kubos Semiconductors, a microLED material technology company, is pleased to announce it has raised over USD 2.1 million to accelerate development of its cubic GaN technology. The investment includes the award of a Growth Catalyst project grant from Innovate UK, part of UK Research and Innovation (UKRI). This funded project will explore the potential of…

Low Carbon Innovation Fund 3 invests in Advanced Electric Machines

Turquoise, the fund manager for Low Carbon Innovation Fund 3 (LCIF3) and the UK’s leading merchant bank specialising in clean technology investments, is pleased to announce an equity investment by LCIF3 in Advanced Electric Machines (AEM) as part of a capital raising round of £15 million. AEM supplies electric motors that do not require permanent…

Talks with Turquoise: Mark Sait, SaveMoneyCutCarbon

The latest episode of Talks with Turquoise explores how businesses can turn sustainability from a challenge into a commercial opportunity. Hosted by Turquoise managing director Ian Thomas, the episode features Mark Sait, founder and CEO of SaveMoneyCutCarbon, a former Low Carbon Innovation Fund 2 portfolio company that helps organisations reduce energy and water consumption while…

Turquoise’s latest podcast: Don Arnone, TeraView

In the latest episode of our podcast series, Talks with Turquoise, we explore how UK deeptech company TeraView has re-thought the traditional IPO route. TeraView, a portfolio company of Low Carbon Innovation Fund 2, has taken an unconventional approach by listing on South Korea’s KOSDAQ stock exchange. The growth-focused market, often compared to Nasdaq, is…

How exit-driven thinking shapes the UK start-up landscape

Desmond Astley-Cooper, a director at Turquoise International, explains how execution, timing and leadership contribute as much to start-up success as a brilliant concept – and how M&A can turn ideas into scale. In the UK start-up ecosystem, mergers and acquisitions (M&A) are the default exit strategy for venture-backed businesses. This backdrop doesn’t just determine how…

Turquoise’s latest podcast: Stephen Crosher, CEO of RheEnergise

In the latest episode of Talks with Turquoise, we explore a breakthrough in long-duration energy storage that could reshape how the world balances renewable power. Turquoise Managing Director, Ian Thomas, sits down with Stephen Crosher, CEO of RheEnergise, to discuss the company’s innovative High-Density Hydro® (HD Hydro®) technology, a next-generation approach to pumped hydro storage.…

Turquoise’s latest podcast: Guy Newcombe, CEO and founder of Archipelago Technology Group

In the latest episode of the Talks with Turquoise podcast, Turquoise Managing Director Ian Thomas sits down with Guy Newcombe, CEO and co-founder of Archipelago Technology Group, for a compelling conversation about one of the most persistent challenges in sustainable packaging: replacing plastic without compromising performance. Roughly 150 million tonnes of plastic packaging roll off production lines…

Ecologi’s Net Zero Now acquisition

In February, Low Carbon innovation Fund 2’s portfolio company Net Zero Now was acquired by Ecologi, a platform business that helps companies to measure and reduce their emissions and report their progress for every step towards Net Zero. The combined entity, operating under the Ecologi brand, will create a single solution for industry climate leadership…