Low Carbon Innovation Fund 2 invests in Switchd

Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced an investment by Low Carbon Innovation Fund 2 (LCIF2) in Switchd. This forms part of a capital raising round of over £1.2 million in which other investors included Nationwide Building Society, Inspired Energy and Crowdcube. Switchd offers energy supply switching services, including…

Low Carbon Innovation Fund 2 invests in environmental weeding company Weeding Technologies

Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced its 13th deal for the Low Carbon Innovation Fund 2 (LCIF2), a £300,000 investment in Weeding Technologies. LCIF2 led the £890,000 equity round, which included Calculus Nominees and SFC Nominees as co-investors. Weeding Technologies sells market-leading, herbicide-free weed control machines to municipal…