£1.1M
Low Carbon Innovation Fund 2 backed the £1.1m capital raise as the startup marked its one millionth tree planted.
Low Carbon Innovation Fund 2
Venture CapitalLow Carbon Innovation Fund 2 is a venture capital fund managed by Turquoise that invests in eligible small and medium-sized businesses based in England developing environmentally beneficial products and services.
Portfolio
3
companies
Portfolio companies
SE
Skoot Eco Group
Climate technology platform enabling businesses to integrate sustainability solutions into hospitality operations.
CE
Connected Energy
Connected Energy creates modular energy storage systems using second life electric vehicle batteries.
K
KisanHub
KisanHub provides an online platform that streamlines data collection and decision making for agricultural supply chains.
Recent investments
£2.0M
The funding round was led by ENGIE New Ventures with participation from Low Carbon Innovation Fund 2, Sumitomo, and Macquarie.
"We almost double the working life of the batteries for vehicles and thereby greatly increase the value created from the resources already embedded in them. Our objective is to provide our end-customers with bankable energy storage systems and our battery supply partners with reliable routes to market for their second-life batteries,"
£1.1M
The follow on round was led by Turquoise International with backing from the Future Fund and existing investors.
"We are delighted to welcome LCIF2 as an investor in KisanHub. This investment will enable us to grow the business in the UK and Europe and strengthen our links with local and national governments"
