$34.0M
The funding will support the launch of a grid-connected commercial project and the construction of a new manufacturing site.
R
Rivan—London, UKIQ Capital + 5 others
Portfolio
3
companies
Flow Engineering
Flow Engineering develops a collaboration platform for hardware engineering teams.
Patch
Patch develops neighbourhood workspaces and community hubs on local high streets.
Rivan
Rivan produces carbon-neutral synthetic natural gas to replace fossil gas in heavy industry.
Matt Clifford
co-founder of Entrepreneur First
The funding will support the launch of a grid-connected commercial project and the construction of a new manufacturing site.
The funding round was led by JamJar Investments and will support the opening of new locations in Twickenham and High Wycombe.
"The founding idea is simple – that opportunities are not evenly accessible to all talented people in the country, because we have assumed for so long that co-locating in city offices is a necessary precondition to success,"
The seed round was led by EQT Ventures with backing from several prominent tech investors.
"Today, we are going after humanity-defining problems, and hardware engineering teams are the ones working on complex projects like the development of various clean technologies. I call this group of engineers ‘new age hardware engineering teams’."