TSP Ventures leads the latest investment alongside institutional backers and sector angels.
"We are delighted to be joining the Descycle team on their onward journey as they prove and scale their transformative technology. By enabling low cost, low carbon recovery of key metals from e-waste, Descycle are solving two major environmental problems; first, the displacement of the incumbent dirty, energy intensive processes and second, ensuring we have access to the critical metals we will need to deliver the green transition. Both are crucial. Descycle has a great management team and we look forward to helping them in any way we can as they grow the business."
TSP Ventures and Anglo American have co-led a seed investment round into sustainable inorganic materials developer Nanomox.
"We are thrilled to have the support of TSP Ventures and Anglo American as we work to bring our sustainable inorganic materials to market. Their commitment to sustainability aligns perfectly with our mission and we look forward to a bright future together."
— Francisco Malaret, Co-Founder and Chief Executive Officer
TSP Ventures co-led the round, supported by Foresight Group, the British Business Bank, the University of Nottingham, and angel investors.
"We are delighted to be joining the Promethean Particles team and becoming a part of their onward journey. On the current trajectory, global warming is predicted to reach 2.7°C by 2100. Hitting the 1.5°C target established in the 2015 Paris Agreement will require a 45% reduction in annual global emissions by 2030. However, even with all the current climate pledges and commitments, global emissions are set to increase significantly over this period. At TSP, we believe that hitting, or even getting close to this target without carbon capture is now virtually impossible. Bringing down the cost of carbon capture (both point-source and Direct Air Capture) is essential and as Venture Capitalists, we believe it is our role to support emerging, World-changing technologies through the difficult development period to full commercialisation. Under the experienced leadership of CEO James Stephenson, we are certain that the Promethean team have all the necessary knowledge and expertise to scale this technology."
TSP Ventures led the seed follow on round, which included participation from Humble Holdings and Metavallon.
"we are delighted to be joining the team at Perceptual Robotics. Their mission, to reduce costs and improve efficiencies in the wind turbine inspection market, is helping the whole of the wind industry become more efficient and cost effective. At TSP, we love enabling technologies that can help accelerate the transition to renewable energy and a cleaner future for our planet. We look forward to supporting Kostas and the rest of the team as they scale operations internationally."
The British electric vehicle brand secured backing from ClearlySo, TSP Ventures, and angels to accelerate growth and product development.
"We’re currently experiencing a once-in-a-century shift in transport, thanks to an increasing awareness of the impact we are having on our environment along with a renewed desire to make healthier personal choices. Electric bikes and electric scooters are crucial to solving the mobility issues we see today, of congestion and pollution. FuroSystems makes high-tech, lightweight electric vehicles with a long range so people can take on their morning commute and travel around their cities with ease. We want to give people a new sense of freedom and independence to move around their city safely and sustainably."
