Ian Constance

CEO

Philippa Oldham

Stakeholder Engagement Director

Past deals in Transport and logistics

Viritech

Grant in 2023
Viritech develops solutions and technology powered by hydrogen. It provides hydrogen-powered pressure vessels and control systems for vehicles, machines, and aircrafts. Viritech is located in Warwickshire, England.

AutoNeura

Grant in 2023
AutoNeura is a company that specializes in developing intelligent software aimed at enhancing the efficiency of vehicle propulsion system development and testing. By providing a platform that integrates engineering with physics, AutoNeura enables vehicle manufacturers, institutions, and hardware producers to conduct complex tests on propulsion systems using existing hardware. This approach significantly reduces costs associated with vehicle development and testing processes. The company’s technology facilitates better control of systems, data analytics, and digitalization, ultimately improving the overall value chain for vehicle production and enhancing the bottom line for its customers.

StreetDrone

Grant in 2023
StreetDrone is a full-stack autonomous vehicle technology company that specializes in providing autonomous vehicles and software solutions for clients seeking to leverage autonomy in various applications. The company focuses on the development of teleoperated delivery technology, enabling the deployment of low-speed delivery vehicles. This technology is designed to automate industrial and yard logistics, enhancing operational efficiency for its customers. By offering both vehicles and supporting software, StreetDrone aims to support businesses in implementing autonomous solutions where they can yield significant advantages.

Cummins India

Grant in 2021
Cummins India Limited, established in 1962, is the leading manufacturer of diesel and natural gas engines in the country. As part of the global Cummins Group, it operates through three main business units: Engine, Power Systems, and Distribution. The company designs and manufactures a range of products, including fuel systems, air handling systems, filtration products, emission solutions, and electric power generation systems. Cummins India serves various markets, offering engines for low, medium, and heavy-duty vehicles, as well as off-highway equipment in sectors like construction. Its extensive distribution network includes over 600 company-owned and independent distributor locations, along with more than 6,500 dealer locations across more than 190 countries and territories. The company's operations are organized into segments that focus on Engines, Power Generation, Components, and Distribution, with the Engine segment being the primary source of revenue.

CNH Industrial

Grant in 2021
CNH Industrial is a global manufacturer of capital goods, specializing in the design, production, and sale of agricultural and construction equipment, trucks, and specialty vehicles. The company operates in all major markets and aims to strengthen its presence in high-growth regions through strategic partnerships. Its agricultural division includes well-known brands like Case IH, serving farmers with a range of machinery, including tractors and precision farming systems, as well as loaders. Additionally, CNH Industrial offers spare parts, service, and training to support its products, catering to various sectors such as municipal work, forestry, and industrial applications. The company maintains a robust dealer network with over 3,600 locations worldwide and provides financing solutions to facilitate equipment purchases for customers and dealers alike.

European Metal Recycling

Grant in 2020
EMR is a global leader in metal recycling. EMR is a privately owned with a heritage dating back to the 1940s and employ around 4000 people operating at 150 locations around the world. The core business is the recycling of scrap metal from a range of sources such as End-of-Life vehicles/consumer products, industry, construction and demolition. This results in sales of recycled commodities of around 10 million tonnes a year. EMR have extensive ferrous and non-ferrous operations worldwide and produce over 100 grades of high quality recycled materials which are taken to market by our substantial road, rail and shipping network.

McLaren Applied Technologies

Grant in 2019
McLaren Applied Technologies is a company that specializes in engineering and technology solutions across various sectors, including automotive, public transport, health and fitness, and the Internet of Things (IoT). The company develops transformative products and services, focusing on electronic systems, electric drive, telemetry, software, sensor technology, simulation, and predictive analytics. By leveraging its expertise, McLaren Applied aims to help clients achieve enhanced performance and efficiency.

Arcola Energy

Grant in 2018
Arcola Energy is a leader in hydrogen and fuel cell integration, specializing in zero-emission solutions for heavy-duty vehicles and transport applications.

Danfoss

Grant in 2018
Danfoss is a global technology provider specializing in power solutions, heating, cooling, industrial automation, and fire safety. The company operates through four main segments: Danfoss Power Solutions, Danfoss Cooling, Danfoss Drives, and Danfoss Heating. Danfoss Power Solutions is particularly noted for its mobile hydraulics, catering to the construction and agricultural sectors, and focuses on enabling efficient, sustainable practices. The firm also manufactures a range of engineering products for applications in air conditioning, food refrigeration, and heating systems, offering components such as hydraulic pumps, motors, and electronic systems. With a commitment to energy-saving technologies, Danfoss aims to foster intelligent communities and industries, ultimately contributing to healthier and more comfortable environments.

Dearman technologies

Grant in 2017
Dearman is a global technology company delivering clean ‘cold and power’. Dearman’s cutting-edge technology uniquely harnesses liquid air to deliver zero-emission power and cooling. It is developing a portfolio of proprietary technologies, products and services, which deliver significant reductions in operating cost, fuel usage and emissions, at low capital cost. The first application of Dearman technology, to provide sustainable and efficient zero-emission transport refrigeration. This will be in commercial trials in the coming months, ahead of multi-country trials later in 2016. The company is building an international reputation for innovation, rigour, commercial acumen and engineering excellence, all to fulfil its primary objective – to make the world a cleaner, cooler place.
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