Low Carbon Innovation Fund

company

About

Low Carbon Innovation Fund is a venture capital fund, providing equity finance for SME’s based wholly or partially in the East of England.

  • 1 - 10

Details

Industries
Finance,Financial Services,Venture Capital
Founded date
Sep 1, 2010
Number Of Employee
1 - 10
Operating Status
Active
Investor Type
Venture Capital

Low Carbon Innovation Fund is a venture capital fund, providing equity finance for SME’s based wholly or partially in the East of England.

The Fund is supported by the European Regional Development Fund (ERDF). It uses £20.5M from the ERDF which will be matched with over £30M private sector investment – generating a total of over £50M of investment in the East of England. So far the Fund has invested over £8.5M alongside £26M private co-investment in 26 investments.

Turquoise International manages the Fund on behalf of the Adapt Low Carbon Group at the University of East Anglia (UEA). The Fund builds on the region's world class low carbon economy and is the largest European Regional Development Fund-funded project in the region. The Low Carbon Innovation Fund was launched in September 2010 and will run until December 2015.

Investments

Number of Investments
Number of Lead Investments
1
1
Low Carbon Innovation Fund has made 1 investments. Their most recent investment was on Jan 31, 2022, when Electric Miles raised £800K.
Date Company Name
Round Money Raised Industry Lead Investor
Jan 31, 2022 Electric Miles
Seed £800K Artificial Intelligence Yes