DEALFLOW
JULY 2024
JULY 2024 DEALFLOW
For over a decade, Cambridge Cleantech has been collaborating with the investment community to help transform smart climate concepts into commercial applications.
With applications from pre-seed to Series A and from Tech Readiness Level 1 through to 9, our applicants have solutions covering the sectors of Energy, Mobility, Circular Economy and the Built Environment.
All applications were viewed and marked by our expert jury from the fields of investment, technology, legal and private sector.
PRE SEED
PulpaTronics
PulpaTronics develops fully recyclable chipless and metal-free paper RFID tags that eliminate metal mining, simplify manufacturing, and streamline recycling, while reducing overall costs and carbon footprints. They aim to increase the accessibility and affordability of smart identification for item-level tracking across wider industries.
United Kingdom l TRL: 4-6 I EIS/SEIS Eligible
Biofuel Evolution
Biofuel Evolution is a pioneering startup in the biotechnology and cleantech sectors, developing a unique system called BEBlock - a proprietary, circular solution that transforms waste into renewable energy efficiently offering a decentralised and versatile solution in one complete package.
United Kingdom l TRL: 1-3 l EIS/SEIS Eligible
Material Energy Ltd
Enabling more efficient energy generation and storage through innovative use of abundant materials with secure supply chains
United Kingdom l TRL: 1-3 I EIS/SEIS Eligible
Anzen Innovations Ltd.
Anzen is a plug-and-play ductless climate control system offering space heating, ventilation, and heat recovery. It's a cost-effective alternative to centralized systems, offsetting 400% of operational carbon compared to unventilated homes with gas boilers. Anzen ensures efficient heating/cooling and promotes healthy indoor air quality, simplifying maintenance and reducing installation complexities.
United Kingdom l TRL: 4-6 I SEIS Eligible
LNK Technologies
LNK Technologies make it easy for complex operations in transport, manufacturing or logistics to achieve NetZero with a comprehensive end-to-end solution. This includes the most reliable and comprehensive AI powered Energy Management and GHG reporting tool on the market, coupled with an expert team of installers who work with the most innovative, cutting-edge sustainable building material manufacturers to deliver the perfect bespoke green solution to our client's retrofitting needs.
United Kingdom l TRL: 7-9
Sustainable Systems (Susy)
Susy is on a mission to make sustainable homes achievable for all using big data and smart tech to streamline retrofit engagement and delivery throughout the UK and beyond.
United Kingdom l TRL: 7-9 I EIS/SEIS Eligible
SEED
Electrogenos Ltd
Electrogenos empowers’ the green hydrogen revolution. They are reshaping the hydrogen production industry with a unique manufacturing process that cuts electrolyser costs and reduces factory deployment times. Their patented catalyst and stack architecture enables us to reach unrivalled efficiencies at a fraction of current costs.
United Kingdom l TRL: 4-6
ICODOS
ICODOS enables sustainable e-methanol production at scale with patented technology, defossilizing chemistry and transportation. Pioneering two innovations surpassing state-of-the-art tech in efficiency, cost, scalability, and eco-performance, their hybrid process integrates CO2 absorption, desorption, and methanol synthesis for economic benefits. Additionally, fully automated production enhances operational efficiency and flexibility.
Germany l TRL: 7-9
Danu Robotics
Danu Robotics has developed an AI guided multi-picker robotic sorting system for the recycling and waste management industry to significantly increase the recycling efficiency. They have obtained 100% product market fit and won two contracts with EGF, Portugal’s biggest waste management company.
United Kingdom l TRL: 6-7 I EIS/SEIS Eligible
minimass
A design & engineering solution for large-scale construction, minimass is a patented, low carbon & low cost family of structural elements, starting with beams, achieved by capitalising on 3D concrete printing technology in an innovative way. By minimizing the mass of materials, minimass beams have up to 70% less embodied carbon and up to 35% lower supply cost than traditional concrete or steel options for equivalent performance.
United Kingdom l TRL: 4-6 I EIS/SEIS Eligible
Hydrogen Waves Ltd (HyWaves)
HyWaves is developing a power electronics hardware to help energy companies increase total production of green hydrogen and reduce the cost of hydrogen production in co-located solar-to-hydrogen plants by delivering direct current (DC) from PV to the electrolyser without intermediate conversion steps.
United Kingdom l TRL: 4-6 I EIS/SEIS Eligible
Cellexcel Ltd
Cellexcel provides the key to unlock the use of biomaterials and radically change industry’s carbon footprint. It does this by delivering and attaching compounds, at molecular level, resulting in the modification of biomaterials, enhancing their fundamental properties. This enables the replacement of high emission materials such as glass/carbon fibre or plastics with “Cellexcellent” biomaterials.
United Kingdom l TRL: 4-6 I EIS/SEIS Eligible
SERIES A
Mocean Energy
Mocean Energy develops technology for the Blue Economy using renewable energy from waves, solar, and energy storage. Products include 1. Blue Star: ocean tech for powering and decarbonising offshore equipment, 2. Blue Horizon: offshore renewable energy for islands and combined wind farms, and 3. VHM: high-torque, low-speed generator / motor.
United Kingdom l TRL: 7-9 I EIS Eligible
Dirac Drives Limited
Dirac Drives is developing a Generator on a Chip. They are using the interaction of matter and antimatter to accelerate electrons and thus generate electrical power.
United Kingdom l TRL: 4-6 I EIS/SEIS Eligible
Zurich Soft Robotics
Zurich Soft Robotics is a Swiss climate-tech spin-off from ETH Zurich founded in April 2022 by engineers, scientists, architects and experienced entrepreneurs. ZSR has developed Solskin, a second building skin for improved comfort and energy management, uniquely combining solar tracked PV energy production with smart shading.
Switzerland l TRL: 7-9
Triton Anchor
Triton Anchor provides the world’s most efficient subsea anchoring solution, optimized for offshore renewable energy markets. Their anchoring solution is platform/mooring style agnostic and outperforms the competition in everything except for hard bedrock, meaning it is the most economical solution for nearly every project worldwide.
USA l TRL: 7-9
“Thank you for inviting Airex to pitch at Cleantech Venture Day. I have just managed to secure a significant investment from a contact I met at the event.”
Agnes Czako, Co-founder, Airex Technologies
