Overall, if you take the value of the four companies we were working with on 1st January 2023, which I estimate to be collectively around circa £39M, and contrast this with the values of the same businesses on 1st January 2024, which I estimate to be £106M, you could say we have had a pretty good year.
Of course, revaluations are largely baseless without the ability to exit. Yet two of the companies we are working with are engaged with numerous institutional investors. Institutional investors are generally quite keen on providing some form of exit for early-stage investors, and both Megawatt Mosaic and ENG8 seem very close to this.
Last year was all about ENG8. This year will all be about GreenMine…GreenMine has co-developed innovative technology that can process waste with zero emissions and mine, clean and clear landfill, allowing the sites to be redeveloped.
Over the coming days and weeks, we will be releasing a series of updates on the companies we have been involved with in 2023, beginning with 350 PPM below. If you’d like to know more about any of the companies featured, please visit their websites and request further information.
350 PPM LTD operates as an incubator and accelerator for a select number of environmental companies operating in key sectors of the clean tech sector.
The key difference between 350 PPM and other incubators and accelerators, of which there are many springing up, is the in-depth talent and experience of our team and that we work from within the raising company to drive the business forward. If you look at GreenMine’s team, nine of the 12 team members are 350 PPM operatives. This division of labour allows all participants to play to their strengths.
Of course, new environmental businesses could hire their own teams to replicate 350 PPM’s involvement. However, in the early stages of growth this is a major investment and recruitment can be long and arduous. With 350 PPM we are experienced in helping early-stage businesses grow successfully and quickly. We know what we are doing and are focused on reaching aligned objectives for our clients. Our business model, based on success only fees and through investing our time in exchange for shares, ensures that clients get maximum return and reach a profitable exit within 3 years.
There is a list of all the services we provide at the end of this email, but it’s extensive and every company travels down the same path, so we can ensure that clients reach their goals successfully. Looking at the companies I have outlined above it can be seen that our solution is working.
If you would simply like to keep up to date with clients we are working with you can register for our mailing list here. Please feel free to forward this email to your friends or contacts.
Watch the 350 PPM 2023 Highlights video featuring all of our clients.
That’s it for now. Remember to look out for our client updates over the next week. Happy new year and I wish you a wonderful 2024.
Kind Regards
Nicholas Dimmock (BA MBA CASS)
Managing Director
350 PPM Ltd
| ABOUT 350 PPM LTD 350 PPM LTD is an incubator and accelerator for early-stage companies operating in the clean energy and environmental protection sectors. Working from within our clients companies we deliver a wide range of services to support and drive their business growth. Our team of 7 becomes part of their team, aligning our objectives to ensure can provide maximum guidance and expertise to achieve their business goals. Our services Securing funding from a wide range of investors at key stages; this will include angel investors, family offices, venture capital funds, and institutional investors. Providing input on developing business plans. Preparing Information Memoranda and other marketing material to support the fund raising. Sales, marketing, and PR campaigns to increase exposure of our clients with key audiences and other stakeholders. Accountancy and financial management. Ulilising our established networks to recommend suitable professional service providers such as accountants and lawyers. Acting as interim directors on client boards. Setting up boards of directors to give direction and provide corporate governance. Supporting clients with commercial contracts and negotiations with potential partners and suppliers. Administration of Fundraises including; Subscription Bundles, Trade Ledgers, Shareholder Registers, Client KYC and Transaction Settlement and fullfillment. |