Turquoise, the UK merchant bank specialising in climate technology investments, has announced an investment by Low Carbon Innovation Fund 2 (LCIF2) in Switchd. This forms part of a capital raising round of over £1.5 million from a group of existing and new investors. Switchd offers a subscription-based, automated retail energy tariff switching service as well…
Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced a £250,000 investment by Low Carbon Innovation Fund 2 (LCIF2) in climate action platform Net Zero Now. This forms part of a capital raising round of over £750,000 in which other investors included UK venture capital firm SyndicateRoom. Net Zero Now offers…
In our latest podcast, the first instalment of a low-carbon transport series, Ian Thomas, a managing director at Turquoise, interviews Justin Ott, founder and chief executive of Spark EV Technology. The global automotive industry is undergoing a monumental change, with the transition from internal combustion engines to zero-emission vehicles accelerating at pace. This shift was…
Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced a £300,000 investment by the Low Carbon Innovation Fund 2 (LCIF2), into Unum Aircraft Seating. This forms part of a capital raising round in which other investors included Origin Capital. Unum is redefining business class comfort through its smart, adaptable, and reliable…
Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced a £125,000 follow-on investment by 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 £500,000 raised. ANB was founded in 2015 to…
In our latest podcast, Ian Thomas, a Managing Director at Turquoise, interviews Paul Hutton, CEO of Cranfield Aerospace Solutions (CAeS). With a long history at the cutting edge of aerospace technology, Cranfield Aerospace is now developing the world’s first zero-emissions passenger carrying aircraft. During the podcast, Ian and Paul discuss: Cranfield’s change of direction to…
We are delighted to confirm a new appointment to the Turquoise team. With experience in project finance at RWE, Tom Wilson has joined us as an Associate. Describe your career journey I read Economics and Finance at Bristol University, graduating in 2020. My first role was at RWE in project finance. Following RWE, I worked…
Turquoise, the UK merchant bank specialising in climate technologies, has announced a follow-on investment by Low Carbon Innovation Fund 2 (LCIF2) in Kubos Semiconductors. This forms part of a capital raising round of over £0.5 million in which a mixture of existing and new investors participated. Kubos is developing high-end, scalable, and highly efficient LED…
A further highly successful round of investment for Connected Energy has secured £15m from five new major investors, and will be welcome news to all those keen to see increased energy security, improved use of clean energy and extended lifetime use of electric vehicle batteries in energy storage systems (BESS). Caterpillar Venture Capital Inc., the…
HydrogenOne Capital Growth plc and Safran Corporate Ventures are pleased to announce that they have signed definitive agreements for a common investment in Cranfield Aerospace Solutions Ltd (“CAeS”) as part of a more than £10m funding round. HGEN is investing a total of £7m in this funding round. With this purchase of a minority equity…