Investment
New £450 Million Fund to Support Innovation On Gas And Electricity Networks
The Strategic Innovation Fund opened applications last week to support a greener approach to energy network innovation. The fund is part of Ofgem’s RII02 price controls for the electricity system operator and the network companies that operate Great Britain’s energy…
NZ Building Efficiency Firm Tether closes $1.75m Funding
New Zealand-based building tech company Tether has successfully closed its $1.75m seed capital funding round, led by environmental investment firm Impact Enterprise Fund (IEF). Founded in 2018, the tech company has developed a range of products to improve building efficiency…
Green Fuels’ Brewery and Dairy Waste Project gets BEIS Funding
Gloucestershire-based company Green Fuels has been awarded funding under the Department for Business, Energy and Industrial Strategy’s (BEIS) Biomass Feedstocks Innovation Programme for its project looking at repurposing waste from milk factories and breweries. Scientists from the company say the…
Qatar Partners with Eat Just for First Cultivated Meat Facility in Middle East
San Francisco-based startup Eat Just has announced its collaboration with Qatar state-backed firms Doha Venture Capital (DVC) and Qatar Free Zones Authority (QFZA) to build what it claims is the first cell-cultured meat facility in the MENA (Middle East and…
CULT Food Science Corp. Invests in Gourmet Cell-Cultured Meat
CULT Food Science Corp., the Canadian investment platform has finalized a strategic investment in Novel Farms, a California based company that specializes in cell-cultured meat. So far, CULT has exclusively invested in cell-cultured meat and dairy companies, which is why…
Maersk Bets on Carbon Neutral Shipping
The world’s largest container shipping company, AP Møller Maersk, has invested $7 billion (€5.95 billion) in order to advance its decarbonisation strategy. Maersk ordered eight container vessels from Hyundai Heavy Industries that will be able to operate on carbon-neutral e-methanol…