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Waitrose, Ford, and IKEA use its ultra low-energy ventilation, lighting and cooling systems, which it says has saved 400,000 tonnes of CO 2 over the past two decades. The company is led by chief executive David Craig, 56. Raised £6m in February last year from investors including UK environmental tech investor Ombu and French venture capital firm Aster.
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Its liquid cooling system reduces the need for fans in power-intensive data centres, cutting energy costs. Led by chief executive Joel Hagan, 51, it has raised more than £31m from investors including UK environmental tech investor Ombu. More than 100 utility companies across 47 countries use its technology to monitor and control water supplies – customers include Anglian Water and the city of Cape Town. Led by chief executive Javier Cavada, 44, the company raised £35m in February from Japanese manufacturing giant Sumitomo, and in June received a £10m UK government grant. Stores spare energy by cooling and liquefying air to -196˚C, releasing it to drive turbines and generate clean electricity. Chief executive Kaushal Shah, 28, founded the company in 2015 while he was a student at the University of Southampton, and retains a majority stake. Partners include Lockheed Martin andīalfour Beatty and investors include Foresight VC and Canada’s Stantec.īlends agricultural waste and wild grass fibres to create tree-free office paper and packaging materials, with customers including L’Oréal and Lloyds Bank. Founded in 2014 by chairman David Pike, 67, and chief executive Ian Brooking, 50. Its technology produces renewable energy from waste that would otherwise end up in landfill by partially transforming it into gas. Co-founded by chief executive Aniruddha Sharma, 33, and chief technology officer Prateek Bumb, 35. Says its process removes more than 90% of CO 2 from industrial emissions and has raised more than £17m this year – and £25m in total – from investors including America’s Chevron and the Norwegian Equinor Ventures. This year BGF invested £1.45m and other investors include Mercia Asset Management. Sales, including grant revenue, reached c.£1m in 2019. The company was co-founded by chief executive Amrit Chandan and chief technology officer Carlton Cummins, both 31. The 2020 Sunday Times BGF 10 Green Tech to Watch includes the following companies:Ĭlaims to make the world’s first serviceable, upgradable and recyclable lithium batteries, with applications including household energy storage. The 10 Green Tech to Watch is a great platform to showcase promising companies in this space.” BGF plans to increase our investments into sustainable businesses from 5% today to up to 20% in the next 18 months. Turning net-zero emissions pledges into reality is a huge opportunity for investors, but it requires a significant amount of capital. Stephen Welton, executive chairman of BGF, who helped judge the finalists, said, “As we come out of the Covid-19 crisis, a major and radical shift to new sectors of the economy is now going to happen much faster. Meanwhile Whitefox Technologies has created an industrial membrane that is used in countries ranging from Germany to Guyana to efficiently remove excess water from biofuel production. These include Highview Power, which stores spare energy by cooling and liquefying air to -196˚C, releasing it to drive turbines and generate clean electricity and EnvoPAP, which blends agricultural waste and wild grass fibres to create tree-free office paper and packaging materials.Ĭarbon Clean is a carbon capture technology developer which is cutting the cost of CO 2 capture from industrial emissions by more than half.
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This year’s 10 Green Tech to Watch includes four London-based companies.