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 [...]
Read MoreBy Dr Jacqui Taylor, Clean Tech Advisor at 350PPM COP28 marked a pivotal moment in climate change talks with the first-ever global stocktake since the Paris Agreement. It also included the first-ever agreement to transition “away from fossil fuels in energy systems in a just, orderly and equitable manner, accelerating action in this critical decade, so as to achieve net zero by 2050 in keeping with the science.”. However, the UN’s climate change conference has fallen disastrously short of enforcing a fossil fuel phase-out or indeed providing sufficient climate finance, known as Loss and Damage, to support affected communities in dealing with [...]
Read MoreAs we eagerly await the outcome of COP28 later this week, many will be taking stock of the targets set in the Paris Agreement back in 2015 when 196 parties at the UN Climate Change Conference (COP21) signed a legally binding international treaty on climate change. Its overarching goal was to hold “the increase in the global average temperature to well below 2°C above pre-industrial levels” and pursue efforts “to limit the temperature increase to 1.5°C above pre-industrial levels.” Despite the explosion of clean energy during the past decade, global warming has cruised through 1.5°C and looks set to continue increasing, unless [...]
Read MoreGreenMine, the new trading name of Pyrolysise Ltd, is gaining significant traction. GreenMine has co-developed a series of technologies designed for processing unsorted municipal waste (including plastics) from kerbside collection and landfill sites. One of them is detailed here. Municipal waste is a significant contributor to atmospheric pollution with landfill accounting for 4% of greenhouse gases in the UK. Landfills can also contaminate water supply through leachate into the subsoil. With GreenMine's technology, unsorted waste can be processed into bio-coal (allowing energy generation), bio-char (the new black gold), bio-oil (including lignin) and recyclables (glass, metals, minerals etc). Green baseload power and as [...]
Read MoreWe’re excited to announce that Colm Macqueen has joined the team at 350PPM. As a keen supporter of initiatives and innovation for sustainable development, Colm will be helping our clients access government grants and funding from related institutions. He said: “We are aiming to secure Innovate UK Smart Grants for our portfolio of climate tech pioneers. Our clients, offering solutions in battery energy storage systems/solar, waste carbonisation, heat storage/cooling, tidal and low-energy catalysed fusion, are prime contenders for this, and similar funding. A successful collaboration with government bodies will also amplify our startups' credibility among private investors, VCs, family offices and institutional [...]
Read MoreWe’re delighted to welcome Dr Jacqui Taylor to our team. Jacqui is a high-level climate leader recognised by the United Nations (UN). She is a principal consultant to companies in the clean tech and renewable energy sectors, and an expert advisor to the UN and the European Commission, providing policy and technology strategic input to address climate change. Dr Jacqui Taylor said: “I am delighted to join the team at 350 PPM. I will be bringing together my investment, climate policy and cleantech expertise to deliver a new approach to the emission reductions required to deliver net zero”. For the past 15 years, [...]
Read MoreDear All, Please see below for the latest updates from our client companies. Organic Heat Exchangers Ltd EnergiVault is a 1 MWh cold battery that can reduce cooling costs and carbon emissions by between 50% and even 100% in some circumstances.O-Hx has now released EnergiVaults 2-10, after extensive (very successful) trials at Quotient Sciences: A US Pharma.In fact, Quotient have given us a 95% rating, which means they are pretty happy with how Energivault has performed and thus we are now releasing EnergiVault’s 0000002 – 0000010.Here is the video update: O-Hx Releases EnergiVault's 2-10 Here is the link to our blog post with the three [...]
Read MoreWe have a new London office in the heart of the city’s central business district. Our London office at 25 Cabot Square is now operational and our MD, Nick Dimmock, will be working from this location on a regular basis. It will also be the main meeting space for clients, investors, and others in the future. Nick Dimmock said: “We’re proud to have secured an office in this desirable location and it is a critical step in developing our culture of meritocracy whereby we deliver valuable services to our clients and share in their success, thus building a successful future for 350PPM [...]
Read MoreOrganic Heat Exchangers has released EnergiVaults 2-10 for sale to international markets. Full details and video within the flyer below: 2023-11-06-Organic-Heat-Exchangers-Present-EnergiVault-A-Cool-Net-Zero-Product-1Download
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