Meet the team: Shane Woodroffe

We are pleased to confirm that Shane Woodroffe has recently joined Turquoise in a director role. An experienced financier and investment professional, with a particular focus on clean energy, Woodroffe was previously CFO at Rezolv Energy, the clean energy platform backed by the $6 billion Actis Energy V fund. Describe your career journey in less…

Turquoise’s latest podcast: Tom Robinson, founder and CEO, Adaptavate

In the latest episode of our podcast series, Talks with Turquoise, we dive into the remarkable journey of Adaptavate and its ground-breaking material Breathaboard, a sustainable alternative to traditional plasterboard. In the UK alone, the built environment contributes an estimated 25% of total national emissions (Environmental Audit Committee). Worryingly, there have been no ‘sustained’ reductions…

Redwheel partners with Turquoise to launch ClimateTech Growth Capital fund

London, 21 February 2024 – Redwheel, the specialist independent investment manager, today announces its strategic partnership with Turquoise, the UK’s longest established specialist in ClimateTech venture investments. The partnership’s project will be a growth stage UK ClimateTech venture fund (subject to regulatory approval), focused on easing the shortage of growth capital for UK companies with…

Turquoise’s latest podcast: Dr Jonathan Swanston, chief executive officer, Jiva Materials

In the latest episode of our podcast, Talks with Turquoise, we delve into the pressing issue of electronic waste (e-waste) and introduce a revolutionary solution. Ian Thomas, managing director at Turquoise International, talks to Dr Jonathan Swanston, chief executive officer, Jiva Materials. An entrepreneur with almost 40 years’ technology and commercial experience in the chemical…

Low Carbon Innovation Fund 2 invests in environmental weeding company Weeding Technologies

Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced an investment by Low Carbon Innovation Fund 2 (LCIF2) in Weeding Technologies. This forms part of a £800,000 second-closing of a capital raising to be completed over the coming months. Weeding Technologies sells market-leading herbicide-free weed control machines to municipal organisations globally.…

Advanced Electric Machines addresses sustainability of EV motors with £23 million new investment

We’re pleased to announce the participation of the Low Carbon Innovation Fund 2 (LCIF2) in the latest equity issuance by Advanced Electric Machines (AEM). This follows LCIF2’s earlier investment in an AEM loan, which we were able to lead because of our prior experience with similar technologies. Advanced Electric Machines (AEM), a leader in sustainable…

Low Carbon Innovation Fund 2 makes follow-on investment in breakthrough pH sensor company ANB Sensors

Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced a follow-on investment by the Low Carbon Innovation Fund 2 (LCIF2), into its portfolio company ANB Sensors (ANB). Co-investors in the round included Hatch Accelerator Fund and Applied Technology Ventures, with a total of £225,000 raised. ANB was founded in 2015 to…

Low Carbon Innovation Fund 2 invests in GridDuck

Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced an investment by Low Carbon Innovation Fund 2 (LCIF2) in GridDuck. GridDuck raised over £0.5 million led by Turquoise, and completed by Inspired PLC, along with existing investors Evenlode Impact, for the Evenlode Foundation, and Veridian Ventures. The new funds will help…

Innovative Circular Grocery Startup weekly.shop receives investment From The Low Carbon Innovation Fund 2 and Turquoise Capital.

London, UK – weekly.shop (https://www.weekly.shop/), the innovative grocery startup eliminating throwaway packaging from grocery shopping, has secured investment from the Low Carbon Innovation Fund (LCIF2) and Turquoise Capital, bringing its total funding to date to over £350,000. The investment comes alongside angels, including key early and senior individuals from the likes of graze.com, Harry’s and…