Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced its fifth deal for the Low Carbon Innovation Fund 2 (LCIF2). The investment in Kubos Semiconductors is part of a £760,000 round. Kubos, using technology originally spun out of the University of Cambridge, is developing LEDs in cubic Gallium Nitride (GaN) to…
Cambridge-based agritech company KisanHub has raised £1.12m for its seed to sale connectivity platform that is accelerating the pace of digital transformation of the agri-food industry. KisanHub’s supply chain management platform makes use of big data and machine learning in order to help growers, field staff, procurement managers and management teams make informed decisions. The…
Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced a £350,000 investment in Connected Energy, the third deal for the Low Carbon Innovation Fund 2 (LCIF2) since it started investing in June. Connected Energy specialises in reusing electric vehicle (EV) batteries, which typically become redundant after losing just 25% of their…
Turquoise is pleased to announce completion of the sale of its corporate finance client and investment portfolio company GT Energy UK Limited (“GT Energy”) to IGas Energy PLC (“IGas”). GT Energy is a developer of deep geothermal heat projects in the UK. GT Energy’s principal project is a 14MW deep geothermal project in the Etruria…
Turquoise, the London-based merchant bank specialising in energy, environment and efficiency, has announced its latest investment through Low Carbon Innovation Fund 2 (LCIF2). The investment, part of an ongoing £530,000 funding round for Spark EV Technology, will support the company’s growth into the automotive market supporting business development efforts into China and expanding reach to…
Turquoise, the London-based merchant bank specialising in energy, environment and efficiency, has announced its first investment through the second Low Carbon Innovation Fund (LCIF2). The equity investment, part of the final round of fundraising for Natural Resources Limited (NRL), will support licencing of the company’s process technology for the production of packaging made from paper…
In our latest podcast, managing director of Turquoise Ian Thomas interviews co-founder and CEO of TeraView, Dr Don Arnone. TeraView is one of the businesses in the portfolio of the Low Carbon Innovation Fund, managed by Turquoise. LCIF invested in this deeptech company on the back of its leading work in the area of terahertz…
Business What has been the most significant technological development of recent years? In use today, the iPhone. Apple succeeded in developing a new flexible user interface, integrating technologies brilliantly to this purpose. It has changed communications techniques globally across numerous sectors. In the field of environmental technology, I would say that 2nd generation biofuels, and…
ZTC is a leading Chinese manufacturer of seats for passenger and commercial vehicles, with customers including Caterpillar and SAIC. Headquartered in Tiantai, Zhejiang Province, ZTC is listed on the main board of the Shanghai Stock Exchange. Turquoise’s latest white paper, ‘ZHEJIANG TIANCHENG CONTROLS (ZTC) CASE STUDY, is now available to download here.
As a specialist merchant bank focusing on energy, environment and efficiency, we are thrilled to be appointed as fund manager for Low Carbon Innovation Fund 2 (LCIF2). Following our success of the first Low Carbon Innovation Fund, LCIF2 will invest venture capital alongside private sector investors in a range of businesses delivering low carbon technologies.…