Low Carbon Innovation Fund is a venture capital investment firm based in Norwich, United Kingdom, established in 2010. The firm focuses on providing equity finance to small and medium-sized enterprises (SMEs) that operate either wholly or partially in the East of England. It seeks to invest in sectors such as clean transport, renewable energy, energy storage, carbon capture, sustainable agriculture, and advanced materials, among others. The Fund is managed by Turquoise International and has received significant support from the European Regional Development Fund (ERDF), leveraging £20.5 million in public funding with over £30 million in private sector investments, culminating in a total investment exceeding £50 million in the region. The Low Carbon Innovation Fund aims to stimulate the local low carbon economy and has made substantial investments alongside private co-investors since its inception.
Adaptavate is a UK-based materials company that designs, manufactures, and commercialises bio-based composite construction materials aimed at reducing embodied carbon in buildings. Its Breathaboard offers a bio-composite alternative to plasterboard, and Breathaplasta provides bio-composite options for various plasters, with products sold through retailers and online channels. The company pursues carbon-negative technology and collaborates with partners to commercialise patented carbon-absorbing processes, enabling the production of performance wallboards with low, zero, or negative embodied CO2. Founded in 2014 and headquartered in Stonehouse, Adaptavate aims to disrupt conventional construction by delivering sustainable material solutions.
Adaptavate
Seed Round in 2022
Adaptavate is a UK-based materials company that designs, manufactures, and commercialises bio-based composite construction materials aimed at reducing embodied carbon in buildings. Its Breathaboard offers a bio-composite alternative to plasterboard, and Breathaplasta provides bio-composite options for various plasters, with products sold through retailers and online channels. The company pursues carbon-negative technology and collaborates with partners to commercialise patented carbon-absorbing processes, enabling the production of performance wallboards with low, zero, or negative embodied CO2. Founded in 2014 and headquartered in Stonehouse, Adaptavate aims to disrupt conventional construction by delivering sustainable material solutions.
Gapogroup
Venture Round in 2015
GapoGroup Ltd. is a manufacturer of non-permeable insulation products, specializing in the development of innovative solutions that enhance energy efficiency in building applications. Founded in 2011 and headquartered in Castlewellan, United Kingdom, the company is known for its flagship product, Gapotape, a unique combination of foil and foam tape designed to create a thermal seal around rigid insulation panels in floors, roofs, and walls. By effectively eradicating air leakage and thermal bridging, Gapotape supports UK households in reducing energy consumption and minimizing their carbon footprint. The product has received recognition from the British Board of Agreement, underscoring its effectiveness in improving insulation performance in various construction scenarios. GapoGroup's commitment to energy efficiency positions it as a key player in the insulation sector within the United Kingdom.
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