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B

BoxGroup

Venture Capital

Portfolio

2

companies

By category

  • CleanTech£72.6M

By location

  • London£72.6M

Portfolio companies

S

Shellworks

Shellworks develops microbe-made biomaterials to replace traditional plastics.

T

Tesseract

Tesseract develops a vertically integrated green energy platform to supply cheaper electricity directly to consumers.


Recent investments

$78.0M

The round was led by Balderton Capital and Lakestar with backing from a broad syndicate of funds and angel investors.

"We started an energy company because it can solve two of the world’s greatest problems: rising energy prices and climate change. While at Revolut, we saw how ageing incumbents and broken business models held the system back and how modern technology and an open-minded approach helped consumers worldwide. The energy industry plays a fundamental role in people’s lives yet regularly leaves customers dissatisfied. It is ripe for disruption in the same way as the banking sector was."
— Alan Chang, Co-founder and CEO
Seed
$6.2M

LocalGlobe led the seed round for the London-based biotech startup.

"We’re delighted to be backing Insiya, Amir and the rest of the Shellworks team, as they bring the science, creativity and lightning speed we’re used to in tech environments to the world of materials and packaging. It’s been amazing to hear their customers rave about the products they’ve already created, and all of us at LocalGlobe are looking forward to seeing them build an iconic materials house to end plastic waste."
— Ferdi Sigona, partner