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Black Seed

Venture Capital

Black Seed is an early-stage venture firm dedicated to supporting Black business founders in the UK.

Portfolio

1

companies

By category

  • EnergyTech£1.0M

By location

  • London£1.0M

Portfolio companies

GRYD Energy

GRYD Energy

GRYD Energy provides a solar subscription model to eliminate upfront hardware costs for residential properties.


Team

Karl Lokko

Karl Lokko

Founder & Managing Partner

Karl is the founder and managing partner at Black Seed and a trustee at The High Performance Foundation. He previously served as chairman at DBK Studios and as an ambassador for Talent RISE and Big Change.

LinkedIn

Recent investments

Pre-Seed
£1.0M

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."
— Mohamed Gaafar, CEO