Greenbackers Investment Capital
has revealed the identity of 26 climate technology start-ups who will be taking part in an innovative six-month programme designed to help them secure international funding ahead of the UN Climate Change Conference (COP26) in Glasgow.
, the programme will introduce the businesses to a global investor base through Greenbackers Showcase, an online deal platform, via a series of hosted events between June and November.
It will culminate in a live and live-streamed "SuperPitch", hosted in Glasgow during COP26, which runs from October 31 to November 12.
The programme launch comes after a recent report from the International Energy Authority
stated that by 2050, "almost half the reductions in CO2 emissions will come from technologies that are currently at the demonstration or prototype phase. Major innovation efforts must take place this decade, in order to bring these new technologies to market in time.”
Robert Hokin, Managing Partner at Glasgow-based Greenbackers, said: "We developed a showcase of great technology ventures to coincide with the global focus on the COP26 Climate Summit happening here in our hometown of Glasgow this November.
"There's been plenty of talk about target-setting but to make Net Zero a reality, COP26 needs to be about action. Investment capital needs to flow faster into the climate technology start-ups that can and will make a difference.
"Our '26ForCOP26' is an action programme for making that investment happen."
The selected 26 have been picked from over 120 applicants and come from nine countries and cover the following cleantech sub sectors: Sustainable transportation; Sustainable fashion; Renewable power generation; Water & energy conservation; Smart grid; Building & Internet of Things (IoT); Circular economy; Ocean & blue economy and Sustainable materials technology.
The full cohort of companies selected are:
- Blockchain Triangle - Bermuda
- Cheesecake Energy - UK
- Chitendai Ltd - UK
- CityQ - Norway
- CPower - USA
- Dryad Networks - Germany
- eHempHouse - UK
- ExxFire B.V. - Netherlands
- Forev Ltd – UK
- Hydrowheel UK
- Hypervolt - UK
- Lambda Energy - UK
- Limit Jeans - UK
- Magtor - Malta
- Paua - UK
- Propelair - UK
- Seawater Solutions - UK Smart Green Shipping - UK
- Subsea Micropiles - Ireland
- Swiss Vault - Switzerland
- TISICS - UK
- Tocardo – Netherlands
- Zelim - UK
- ZUoS - UK
- Stealth Mode A (to be announced shortly)
- Stealth Mode B (to be announced shortly)
Greenbackers Investment Capital operates a ‘Funding-as-a-Service’ platform, connecting venture capital firms and other professional investors to NetZero start-ups in earthtech, oceantech and cleantech globally. Operating from London, Glasgow and Houston as private placement advisors, Greenbackers host a 24/7 Showcase for ventures and investors to meet and a live ‘SuperPitch’ - this November at COP26, the UN climate summit. They plan to launch their own fund next year for Seed and Series A stage investments. They work with over 5000 funding sources covering equity, debt, asset and project finance. Their focus is on helping viable technology companies and project developers seeking to commercialise and optimise their capital raising strategies and connecting them with an established, diverse and qualified network of funders active in the sector.
programme is supported by Michelin Scotland Innovation Parc
law firm Brown Rudnick, The Solar Impulse Foundation
and Scottish Government's The CivTech Alliance.
- Start-up and early-stage clean technology companies seeking capital and/or strategic partners/investors;
- Project developers focussed on low carbon, cleantech and climate change;
- Investors and funds seeking investment opportunities;
- Multinational corporations pursuing acquisition / divestment strategies.
Notes to editor
+44 7957 201 203