Skip to content
Back to Investors
BC

Barclays Climate Ventures

Corporate

Portfolio

3

companies

Investment by month

By category

  • AI/ML£19.4M
  • CleanTech£14.1M

By location

  • Sheffield£19.4M
  • Oxford£12.0M
  • United Kingdom£2.1M

Portfolio companies

AirEx

AirEx

AirEx produces smart ventilation technology designed to reduce domestic energy consumption.

Iceotope

Iceotope

Iceotope provides chassis-based liquid cooling systems for modern data centres.

M

Mixergy

Smart hot water storage and home energy solutions provider.


Recent investments

£2.1M

The funding round was supported by Vectr7 Investment Partners and existing shareholders alongside the Innovate UK Investor Partnerships Programme.

"This funding allows us to move faster with our growth plans and support the development of new products. Our goal is to provide a simple solution for landlords and homeowners to reduce energy use. We are pleased to have the continued support of our investors as we work to make homes warmer and healthier for residents."
— Joe McMullen, COO
Series B
$26.0M

The round was led by Two Seas Capital and Barclays Climate Ventures.

"With AI adoption rapidly increasing globally, Iceotope’s liquid-cooling technology offers a timely and innovative solution to the mounting limitations of traditional cooling systems. Its approach not only meets the escalating demands of AI and high-performance computing but also materially advances datacenter sustainability,"
— Steven Poulter, Head of Principal Structuring and Investments
Other
£12.0M

The funding round will support the company transition to a technology licensing model and expand research capabilities.

"This investment accelerates our ability to develop scalable solutions for our technology partners, helping them navigate the changing global energy landscape. With Barclays’ support, we can bring our technology into more homes and buildings in the UK through a broader range of channels while improving the grid’s capacity to integrate renewable energy. Why pay windfarms to shut down when we can pay households to switch on?"
— Pete Armstrong, CEO and co-founder