The seed round was led by 24Haymarket with participation from Oxford Innovation EIS Growth Fund 2 to support commercial scale-up.
"Our continued research and innovative work has resulted in a coloured carbon fibre composite that is light and strong, without compromise, pushing the boundaries of design and technology."
The investment round was backed jointly by MOL Drybulk and Scottish Enterprise.
"MOL is committed to decarbonisation within our industry and Scotland is at the forefront of many environmentally friendly solutions, whilst our investment in Smart Green Shipping furthers our commitment to the UK."
— Kazuhiko Kikuchi, President and Representative Director
The funding round was led by Science Creates Ventures and Green Angel Syndicate to support manufacturing pilots.
"This landmark investment enables Kelpi to scale up our pioneering work using seaweed to create bioplastic packaging with the barrier properties required by clients"
DCVC led the Series A round to support the scale up of artificial intelligence waste sorting systems.
"At FCC, we believe in being forward-thinking, so investing in the latest waste sorting technology was an obvious choice. Recycleye Robotics is delivering the consistent purity in sorted material and reliable data that we need to run an effective facility"
Fuel Ventures led the seed financing for the London-based climate tech start-up, with participation from several new and existing backers.
"At Greenspark, we’re on a mission to tackle some of the greatest issues facing our planet right now, like climate change, deforestation and plastic pollution. We believe that collectively we have the power to address these major threats head-on. We’re bringing a whole new approach to tackling world issues through tools that are not simply altruistic but make business sense,"