The Series C round was led by a strategic investor and backed by existing supporters to drive international expansion.
"We are delighted to continue backing the ambitious CGD team in bringing groundbreaking GaN technologies to market. As we strive towards a low-carbon future, CGD’s products can deliver higher performance while enabling up to 50% energy savings across multiple growing sectors such as automotive, renewable energy, and data centres. We look forward to seeing the impact that CGD can make in enabling greener power electronics"
Veridian Ventures backs Hydrologiq to accelerate the transition from diesel to hydrogen in off grid industries.
"Hydrogen adoption at scale requires more than just great technology — it needs a strong ecosystem, reliable infrastructure, and industry collaboration. With Veridian Ventures’ backing, we’re in a stronger position to accelerate the deployment of hydrogen-powered solutions and help businesses move away from diesel. Their investment validates our approach and brings us closer to a future where clean off-grid energy is the norm, not the exception."
The pre-seed round will fund national expansion and the deployment of zero-cost solar and battery systems.
"The strength of our pre-seed round is a welcome start to the next phase of GRYD Energy’s journey as we prepare to scale our solar technology and service nationwide. We’re fortunate to have the backing of fantastic investors like Black Seed and SFC who share our sense of urgency to accelerate the UK’s clean energy transition and ensure no one is left behind. With around 250,000 new homes being built in the UK each year, the untapped solar potential of our residential rooftops is immense and only continues to grow – as does the pressing need to ensure that Britain’s new housing stock is futureproofed and primed for a clean, energy efficient future. With the support of such renowned and motivated industry players, we’re confident GRYD Energy can play a vital role in that effort."
The Series B round was backed by Marubeni Corporation to support the development of a major recycling facility in Teesside.
"We are proud to welcome Marubeni as a strategic partner at this pivotal stage in Altilium’s growth journey. Their investment strengthens our position as leaders in sustainable battery materials and reinforces our commitment to building the UK’s largest EV battery recycling facility. Together, we are advancing our mission to create a UK closed-loop supply chain, reduce dependency on imported materials and lowering the environmental footprint of battery production. This partnership marks a major milestone in establishing a truly circular economy for the UK’s battery industry."
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