Cleantech Connect 2025

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Cleantech Connect

Warning

The content of this promotion has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested.

This promotion is made by Net Zero Technology Centre Limited (company number SC531384), incorporated in Scotland with its registered office at 20 Queens Road, Aberdeen, Scotland, AB15 4ZT. If you would like to make an enquiry relating to the matters to which this promotion relates, please contact us at TechX@netzerotc.com.

Tackling the challenges of decarbonisation, energy security and affordability calls for collaboration and the widest possible pool of talent. Entrepreneurs – with their agility, appetite for risk, tenacity and innovation –are a powerful driving force.

At NZTC, we see startups as pivotal in accelerating clean, affordable and resilient energy. I’m excited to introduce 16 innovators doing just that. With disruptive technologies and novel business models, these companies are at the forefront of the energy transition. As participants in our TechX Clean Energy Accelerator, each is making impressive progress. But, like all earlystage ventures, they need support.

I hope you enjoy meeting them and discovering their fantastic stories.

A net zero world, powered by technology innovation

The Net Zero Technology Centre (NZTC) is a notfor-profit organisation working with industry, government and academia driving technology innovation to accelerate the energy transition to net zero.

Based in the heart of Europe’s energy capital Aberdeen, NZTC is co-investing and collaborating with industry and government to develop and deploy new technologies.

Our research and insights assist the Scottish, UK and other governments in achieving their net zero ambitions, delivering a decarbonised and net zero energy system, maximising economic growth and competing in international markets.

Accelerating the startups advancing clean energy

A core part of the centre’s offering is its TechX Clean Energy Accelerator, an intensive 18-week programme that equips startups with the funding, tools and resources they need to evolve and grow, accelerating their path to commercialisation and beyond.

Since 2017, from 1,300 applications, TechX has selected 81 startups:

91% still trading 380+ jobs created

£36M generated in revenue

These startups are planning to raise £100M equity in 2025, having already raised £160M to date:

£8M in pre-seed investment

£60M in seed investment

£88M in Series A investment

£4M in Series B and bridge rounds

Startup showcase

Team: Rayan Kassis, CEO

Oliver Weber, CTO

Michael Slack, Head of Systems

Location: London, UK

Website:

www.aed.energy

Technology readiness level: 5

Technology focus area: Renewable energy

Current fundraising stage:

Seed

Current equity being raised:

£5M

Solar and wind are among the lowest-cost energy sources, but they’re not always available when needed. Without affordable long-duration storage, excess generation is wasted and grids remain dependent on fossil fuel backups. For utilities, industries and microgrids, this results in higher costs and underutilised assets. What is needed is clean, reliable energy—available on demand.

AED Energy is redefining clean baseload power through ultra-low-cost, long-duration thermal storage.

Founded by industry veterans responsible for delivering 9GW of global capacity, the company provides dispatchable power and heat for utilities, industry and microgrids. With pilot projects underway in the UK and Nigeria, AED Energy is in the process of raising seed funding to deliver and scale its first utility-scale project.

For industrial and utility-scale users, AED Energy’s technology offers a cost-effective path to decarbonisation and energy security—providing storage at up to 60% lower cost and with 2–3 times the duration of lithium-ion batteries or fossil peaker plants.

The £5M seed round will provide a 24-month runway to complete product development, deliver a 2.5MWh utility-scale pilot, and grow

AED Energy’s commercial and technical team. This next phase will advance the technology to TRL 8, demonstrate performance with early customers, and position the company for market entry and large-scale deployment.

Startup showcase

As wind turbines age, sourcing replacement components becomes increasingly difficult due to supply chain constraints and long lead times. Operators face limited options, resulting in prolonged downtime and rising servicing costs. The sector lacks readily available, cost-effective solutions to retrofit ageing turbines and maintain efficiency.

CGEN’s modular, lightweight generator integrates seamlessly into existing turbines, enabling faster, more affordable retrofits. Once operational, only faulty modules need replacing—reducing downtime and extending turbine life. The technology addresses supply chain gaps with scalable, serviceable components that boost reliability and energy yield

The fault-tolerant, direct-drive design is lighter, scalable and repairable in situ cutting operations and maintenance costs by up to 50% and reducing the levelised cost of energy (LCoE) by up to 10%. By engineering out unwanted forces, CGEN reduces system mass and component wear, while enabling module-level replacements. No other solution offers this level of maintainability or adaptability to constrained supply chains.

Spun out of the University of Edinburgh in 2024, CGEN has secured over £800k in funding and is shortlisted for two Scotland StartUp Awards. With more than 16,000 hours of sea trials and a proven modular generator system, the company is targeting the retrofit market and preparing a seed round to scale.

Team: Dr. Joe Burchell, Managing Director

Prof. Markus Mueller, Technical Director

Location: Edinburgh, UK

Website: www.c-gen.co.uk

Technology readiness level: 6

Technology focus area: Renewable power

Current fundraising stage:

Current equity being raised:

£2M

The £2M seed round will fund the build of a 3–6MW modular generator system, support certification and field testing to reach TRL 8–9, and enable the expansion of its engineering and commercial team. The investment will also advance commercial manufacturing capacity and position the company to secure follow-on EIC and Horizon funding opportunities over the next 24 months. Seed

Startup showcase

Team:

Alexander Hammer, CEO

Ahmed Ismail, COO

Marcus Tze Kiat-Ng, CTO

Location: Glasgow, UK and Berlin, Germany

Website: www.dunia.ai

Technology readiness level: 8

Technology focus area: Hydrogen and alternative fuels

Developing new materials, such as catalysts, typically takes over a decade and billions in R&D investment— slowing progress in clean energy, chemicals, and advanced manufacturing. Traditional trial-and-error methods cannot keep pace with the scale and urgency of today’s challenges.

Dunia addresses this with an autonomous discovery platform that combines AI and robotics to design, produce and test new catalysts at speed. The platform reduces development timelines from years to weeks, making materials innovation faster, more cost-effective and scalable.

By integrating AI with automated labs in a closed-loop system, Dunia generates high-quality data, accelerates discovery, and ensures full ownership of both the technology and underlying IP. Unlike legacy labs or pure software players, Dunia controls the entire stack data, intelligence, and infrastructure—enabling unmatched speed and efficiency in materials development.

Founded three years ago, Dunia has secured over $24M in dilutive and non-dilutive funding, won multiple awards, and was named one of Europe’s Deeptech Rising Stars by Business Insider. The company is now preparing to complete its next funding round and finalise the construction of Dunia SuperLab.

Current fundraising stage:

Series A £50M

Current equity being raised:

This will support global lab expansion and the completion of Dunia SuperLab and its autonomous platform, advancing the technology to full commercial readiness (TRL 8+). It will also enable the hiring of over 30 R&D and commercial staff and the launch of pilot and licensing agreements across the energy and chemical sectors laying the foundation for the next phase of customer growth and revenue generation.

Wave energy is a vast, untapped resource—more consistent than wind and solar, and available at different times, helping to stabilise grid intermittency. Yet, despite this potential, Wave Energy Converters (WECs) have struggled to reach commercial viability Traditional designs rely on large, rigid structures and monolithic power take-off systems that concentrate loads, making capital costs prohibitively high at scale.

EBB-FLOW takes a fundamentally different approach. Its modular, flexible structure replaces bulky steel systems with lightweight generating cells that distribute loads and maximise the proportion of material active in power generation. These cells are designed for roll-to-roll manufacturing, enabling lowcost, scalable production using existing industrial processes.

The result is a system that is not only more affordable, but also highly tuneable optimised to perform across a wide range of sea states and deliver consistent output when wind and solar fall short. By avoiding concentrated stress points and enabling mass production, EBB-FLOW significantly reduces capital expenditure compared to legacy WECs.

The technology emerged from a cross-sector collaboration backed by Wave Energy Scotland through a £250k, two-phase R&D call. Since then, EBB-FLOW has been developed from first principles and successfully demonstrated its full generation cycle as a third-round finalist in the U.S. Department of Energy’s InDEEP Prize.

Team:

Andy Hall, Managing Director

Jo Wilson, Chief Engineer

Marco Fontana, Co-Founder Giacomo Moretti, Co-Founder

Location: Inverness, UK

Website: www.ebbflow.energy

Technology readiness level: 3

Technology focus area: Renewable power

Current fundraising stage:

Pre-seed

Current equity being raised:

£750K

Assuming match-funding through Innovate UK or similar programmes, the £750k pre-seed round would enable EBB-FLOW to progress to TRL 5. This would include device FEED, cell development, materials testing, simulation and tank testing, resulting in a robust concept design and LCOE figures.

Team:

Location: Glasgow, UK

Website: www.entropyst.co.uk

Technology readiness level: 2

Technology focus area: Hydrogen and alternative fuels

Pre-seed / Seed

Current equity being raised:

The levelised cost of green hydrogen remains uncompetitive, limiting demand and adoption. Additionally, hydrogen transportation and distribution present significant challenges due to its low molecular weight, requiring costly upgrades to existing natural gas pipelines.

Entropyst addresses these challenges with its innovative reactor, enabling on-demand hydrogen production with a potential levelised cost reduction of over 35%. Unlike traditional hydrogen distribution methods, their ‘bolt-on’ technology can be deployed near end-users, minimising the need for infrastructure upgrades while still achieving substantial carbon emission reductions.

The company’s patent-pending reactor design, combined with a unique electrified catalyst, offers the world’s most compact hydrogen generator. In contrast to incumbent technologies, Entropyst’s solution is more energyefficient, occupies a smaller spatial footprint and supports long-term continuous operation.

Founded in 2025 as a spinout from the University of Strathclyde, Entropyst was selected as one of the top 15 startups to pitch at the EU Startups Summit. Backed by Scottish Enterprise, the company is now developing a 1 kW prototype.

Current fundraising stage: The funding would be used to expand the team, secure a 100kW trial with an early adopter, most likely a capacity market operator such as Mercia Power Response, and generate at least three foreground pieces of intellectual property. It would also help the company achieve TRL 5-6 and expand its customer portfolio.

£2M

Offshore assets, especially those in tropical climates, remain heavily reliant on fossil fuel-generated power, yet there is growing pressure to transition to renewable energy. Traditional renewable technologies, however, face significant challenges in deep waters, particularly in storm-prone regions, where maintaining consistent baseload power is a struggle.

Global OTEC has developed an innovative ocean energy technology that harnesses the temperature difference between deep and surface sea water to provide reliable, renewable baseload power. Its modular systems deliver clean, consistent energy exactly where it is needed, reducing costs and dependence on imported fossil fuels.

The solution is the first modular system designed for rapid deployment in tropical waters, using deep ocean cooling to provide 24/7 baseload energy. Unlike intermittent renewable sources, it operates without requiring land use, addressing the energy access challenges of remote islands and offshore sites where stable, clean power is urgently needed.

Founded with the goal of decarbonising tropical islands and offshore industries, Global OTEC has raised $6.5M and delivered the world’s first bespoke floating OTEC prototype, funded by Horizon Europe. The company is now developing a commercial-scale pilot with major offshore partners and raising funds to demonstrate long-duration operation in real ocean conditions.

Team:

Dan Grech, CEO

Sam Johnston, Lead Engineer

Simon Mutzenich, Head of Operations

Location: London, UK

Website: www.globalotec.co

Technology readiness level: 5

Technology focus area: Renewable power

Current equity being raised:

Current fundraising stage: The £4M seed round will provide a 24-month runway, enabling the hiring of two engineers to support the development of the OTEC Power Module technology and advance towards TRL 6. It will also fund the recruitment of four staff members to drive business development and operations in preparation for commercialisation. Seed £4M

Startup showcase

Team:

Dr. Stephen Hampson, Managing Director

Dr. Niall McGlashan, Chief Mechanical Engineer

Arnold Fenocchi, Chef Electrical Engineer

Location: Newcastle, UK

Website: www.h2chp.co.uk

Technology readiness level: 6

Technology focus area: Hydrogen and alternative fuels

Current fundraising stage:

Current equity being raised:

Ports and industrial sites face rising costs and emissions from conventional generators, while batteries alone can’t reliably bridge power gaps. This exposes operators to the risk of pollution fines or downtime. To support, H2CHP’s technology provides a clean, fuel-flexible backup solution that delivers reliable power when renewables fall short— without the need for costly grid upgrades or oversized battery systems.

The company’s compact generator runs on clean fuels like hydrogen and emits no harmful gases. Housed in a standard shipping container, it delivers dependable, lowcost power when solar or wind aren’t available ideal for ports and off-grid industrial sites.

At its core is a free-piston engine with no crankshaft, making it smaller, cleaner and more efficient than conventional generators. Unlike batteries, it supplies continuous power for hours or days and supports multiple clean fuels. Its containerised design enables rapid deployment, even in remote or infrastructure-limited locations.

A spin-out from Durham and Newcastle universities, H2CHP will begin commercial trials in H1 2025.

The £1M seed round will fund the build and testing of H2CHP’s first 250kW containerised generator, deliver 650 hours of runtime to demonstrate durability, and expand the engineering and commercial team to support initial customer deployments and strategic partnerships in ports and industrial microgrids.

Startup showcase

Despite being a proven 150-year-old technology and critical to industrial decarbonisation, heat pumps remain underutilised due to their higher upfront cost compared to fossil-fuel boilers. Compressors account for around 40% of heat pump CAPEX and 80–90% of OPEX, yet innovation in compressor design for heat pumps has been limited.

HotGreen addresses this challenge by combining two TRL9 manufacturing technologies with a modular approach to produce highly efficient, cost-effective compressors tailored to a wide range of industrial needs. This enables the delivery of bespoke heat pump solutions with a twoyear payback—making it finally cheaper to go green.

Traditionally, compressor efficiency has scaled with cost: the higher the CAPEX, the lower the OPEX. HotGreen is the first to break this pattern, offering a heat pump system that can outcompete fossil-fuel boilers with a payback timeline that meets industrial expectations.

A 2024 spin-out from Deep Science Ventures, HotGreen is currently building its first demonstrator to prove performance against conventional boilers. The company is raising a pre-seed round to support its first commercial pilot with an industrial customer.

Team: Georgia Ware, CEO Andrew Anderson, CTO

Location: London, UK

Website www.hotgreen.co.uk

Technology readiness level: 4

Technology focus area: Industrial decarbonisation

Current fundraising stage:

Pre-seed

Current equity being raised:

£600K

The £600K pre-seed round will fund the build of a 55kWe compressor —one size up from the current demonstrator—its integration into a heat pump, independent testing and verification, and installation at a customer site.

Team:

Peter Kasprowicz, CTO

Location:

Surrey, UK

Technology readiness level: 4

Technology focus area: Industrial decarbonisation

Pre-seed

Current fundraising stage:

Pre-seed

Current equity being raised:

£500K

Industry is overwhelmed by data but often lacks clear, actionable insights from existing tools. Many companies struggle to allocate operational and engineering resources to energy efficiency and decarbonisation, often relying on consultants. Long-term planning is further complicated by evolving technologies, shifting government policies and infrastructure challenges, which can hinder near-term initiatives.

Kondor simplifies the delivery of industrial energy efficiency and decarbonisation through specialised AI software. These ‘teams of agents’ analyse realtime data, build engineering models to optimise facilities and compare technologies, and create strategic roadmaps to net zero.

Each AI agent is tailored with a specific area of expertise, enabling them to automate complex workflows and independently carry out high-value tasks. The result is faster, more informed decisionmaking and continuous, real-time insight for industrial operators.

The pre-seed round will support the initial development of the MVP, the hiring of key team members, and further product validation.

Over 4,000 rural businesses in the UK are highly exposed to energy costs. Many are keen to install wind turbines, but access challenges make transporting conventional 30 metre blades costly and complex.

Myriad offers a practical alternative. Its modular wind turbine—the Myriad Turbine—can be transported entirely on standard HGVs, making rural delivery far simpler. Thanks to its standardised, scalable design, the system is also more cost-effective than conventional turbines. For a 1MW installation, Myriad can reduce the typical five-year payback period to just three.

The company holds a granted UK patent, with a second patent approved in principle. Competing products do not offer the same combination of affordability, transport ease or margin potential.

In Q2 2024, Myriad completed a successful 2kW demonstration and is now progressing a £1 million, 1MW pilot project. Following a pre-seed round in Q1 2023 and multiple grant awards, Myriad is now raising a seed round to scale deployment.

Team: Adam Harris, CEO Paul Pirrie, CTO Peter Taylor, COO

Location: Stirling, UK

Website: www.myriadwind.com

Technology readiness level: 4

Technology focus area: Renewable power

Current fundraising stage:

Current equity being raised:

The £1 million seed round will support customer pipeline development, secure supply chain agreements, and complete final technology de-risking ahead of the 1MW pilot. The funding will also enable the hire of two to three engineers and a head of partnerships to strengthen technical delivery and commercial traction. Seed

Team:

Graeme Robertson, Co-founder

Rona Robertson, Co-founder

Location: Edinburgh, UK

Website: www.pemtechnologies.co.uk

Technology readiness level: 3

Technology focus area: Hydrogen and alternative fuels

Current fundraising stage:

Current equity being raised:

PEM (Proton Exchange Membrane) electrolysers are widely recognised for their ability to follow variable renewable loads while producing high-purity hydrogen and oxygen. However, high costs, reliance on rare earth minerals, and supply chain vulnerabilities continue to limit adoption.

PEM Technologies is tackling these challenges with a patent-pending electrolyser that uses waste-derived materials, offering a more sustainable and costeffective alternative. The modular system design reduces material costs by up to 35% and allows individual cells to be swapped in minutes, eliminating the need for full stack replacement and cutting downtime from days to around 60 minutes.

Designed with servicing in mind, the system introduces the first-of-its-kind “hot” cell replacement, enabling rapid changeovers without major disruption.

Founded in 2024, PEM Technologies was established in response to recurring challenges experienced while servicing traditional electrolysers, where common design inefficiencies repeatedly hindered performance and maintenance.

The pre-seed round will provide a 15-month runway, enabling the recruitment of a team of four engineers to develop and test the electrolyser cells and materials to reach TRL 5. It will also support the appointment of a dedicated business development manager to prepare for market entry.

Nitrogen-based chemicals are essential to modern life— they fertilise crops that feed over half the global population and serve as key inputs for numerous chemicals and textiles. However, current nitrogen fixation technologies emit over 500 million tonnes of CO₂ annually. With rising demand, particularly for green fuel applications, the need for sustainable alternatives is increasingly urgent.

Plasma2X offers a breakthrough solution: scalable plasma nitrogen fixation essentially lightning in a tube. The technology enables up to 100% CO₂ reduction, producing sustainable, cost-competitive fertilisers and fuels. Its green nitric acid is already commercially viable, with projected costs set to undercut existing market prices.

The company’s patent-pending plasma reactor delivers CO₂ free nitrogen fixation with instant responsiveness to intermittent renewables. Unlike competing systems, it requires no ramp-up or ramp-down, allowing flexible, ondemand operation. Its modular design supports scalable, decentralised production powered entirely by renewable energy.

Spun out from the University of Liverpool in 2023 with support from ICURe, Plasma2X has developed a lab-scale prototype and holds two patents pending.

Team: Dan Somers, Executive Chair Dr. Mike Craven, COO

Location: Cheshire, UK

Website: www.plasma2x.co.uk

Technology readiness level: 4

Technology focus area: Hydrogen and alternative fuels

Current fundraising stage:

Seed

Current equity being raised:

£1.7M

The seed funding will provide a two-year runway to build a 1-tonneper-day containerised nitric acid pilot plant. The team will expand with five engineering hires to advance the technology to TRL 7, validating the design in collaboration with a strategic partner. This milestone will unlock commercial-scale potential and deliver realworld process validation.

Team:

Dr. Jack Chengzhi Guo, CEO

Professor Erwin Reisner, CSO

Location: Cambridge UK

Website: www.protonera.com

Technology readiness level: 4

Technology focus area: Hydrogen and alternative fuels

Pre-seed

Current fundraising stage:

Pre-seed

Current equity being raised:

£350K

Current plastic recycling technologies are not economically viable, leaving waste management companies unable to process the 390 million tonnes of plastic waste generated globally each year.

Protonera is addressing this challenge with reforming technology that converts mixed and contaminated waste plastics into high-purity recycled polymers and clean hydrogen—operating entirely at ambient conditions. This approach significantly reduces operating costs, simplifies reactor setup, and enables profitable recycling while mitigating exposure to the volatile recycled plastics market.

Developed from research at the University of Cambridge, Protonera’s technology is designed to extract value from plastic waste, even when inputs are low quality or contaminated. The system’s ability to produce highpurity outputs from mixed plastic streams sets it apart from conventional methods.

With support from local recyclers and councils, Protonera is now scaling its process to demonstrate the commercial potential of plastic reforming and unlock the untapped value in plastic waste.

The pre-seed funding will enable the company to complete the construction of its largest lab-scale reactor.

Startup showcase

Industries such as cement, steel and petrochemicals emit 8 billion tonnes of CO₂ annually, with carbon capture being the most viable reduction method. However, current global capacity is just 43 Mt, far below the 2,000 Mt required by 2040, and high costs of $70–$195 per tonne hinder adoption. Calcium looping, which uses cheap limestone, offers promise but is limited by sorbent degradation and high energy costs.

Remedium’s ‘Limeloop’ solution, developed after five years of R&D, addresses these challenges by using a synthetic limestone with a unique stabiliser dispersion. This innovation reduces material costs by over 80% and allows Limeloop to capture 36 times more CO₂ over its lifetime.

The carbon capture heat battery further cuts energy costs by operating in dual modes. Mode 1 captures over 90% of CO₂ while providing high-temperature heat for industrial processes, and Mode 2 regenerates sorbents using lowcost, intermittent electricity. This reduces capture costs to just $13/tCO₂, more than 80% lower than current methods.

Remedium’s solution stands out for its scalability, efficiency and integration of thermochemical energy storage. It also offers SOₓ capture, minimal waste and seamless retrofitting. A University of Cambridge spin-out, Remedium is now raising equity to scale its technology.

Team: Dr. Mohammad Saghafifar, CEO

Dr. Utsav Oza, CCO

Location: Cambridge, UK

Website: www.remediumenergy.com

Technology readiness level: 4/5

Technology focus area: Industrial decarbonisation

Current fundraising stage:

Pre-seed / Seed

Current equity being raised:

£1.5M

The funding round will provide a 24-month runway to hire five new team members and achieve key milestones. These include scaling Limeloop sorbent production from 5g to 100kg per batch, conducting industrial-scale flue gas testing to reach TRL 8, and demonstrating the carbon capture heat battery at TRL 5.

Team:

Location: Southampton, UK

Website: www.solead-energy.co.uk

Technology readiness level: 4

Technology focus area: Renewable power

Current fundraising stage:

Pre-seed

Current equity being raised:

£850K

Stationary energy storage addresses challenges such as matching intermittent renewable generation with demand and replacing diesel generators. However, lithium-ion batteries, the current market leader, are difficult to recycle, raise ethical sourcing concerns, and are prone to thermal runaway, with over 25,000 fire or overheating incidents in the past five years.

SoLead Energy is developing the Soluble Lead Flow Battery, which uses lead dissolved in a water-based electrolyte, eliminating the risk of fire. The materials can be sourced and returned to the existing lead-acid recycling infrastructure, which is globally established, offering low-cost, abundant resources.

The company’s patent-pending stack design improves efficiency, while the modular system enables maintenance to extend the battery's service life. In contrast, conventional batteries are harder to recycle and require temperature control, which reduces efficiency in extreme climates.

A spin-out from the University of Southampton, SoLead Energy has invested over £2 million in developing the Soluble Lead Flow Battery.

This round will provide an 18-month runway to build the commercialisation and engineering team, advancing the technology to TRL 6 with an operating pilot device.

Startup showcase

Wastewater treatment is highly energy-intensive and often fails to recover sufficient value to be self-sustaining. As a result, 80% of the world’s wastewater is discharged untreated, contributing to elevated greenhouse gas emissions and missing the opportunity to recover energy from waste.

Wastewater Fuels has developed a wastewater treatment asset that not only purifies wastewater but also produces hydrogen gas as a by-product, using microbial electrolysis cells. This system is capable of delivering net energypositive performance and can treat waste streams from a variety of sources. By turning wastewater treatment plants into clean energy producers, the technology supports the development of a circular economy.

At the heart of the system is a patent-pending anode and architecture that maximises surface area to volume ratios. This design enables a low-cost solution for high-strength wastewaters while producing hydrogen gas at net energypositive efficiencies exceeding 100%.

Founded in 2021, Wastewater Fuels has grown from a three-person founding team to a workforce of over 20.

Backed by grants and contracts from Innovate UK and the Ministry of Defence, as well as three funding rounds, the company is now raising to complete technology validation and execute its go-to-market strategy.

Team: Martyn Lathbury, CEO Daniel Carlotta-Jones, Chief Engineer

Location: Coventry UK

Website: www.wastewaterfuels.com

Technology readiness level: 6/7

Technology focus area: Hydrogen and alternative fuels

Current fundraising stage:

Current equity being raised:

The funding round is expected to provide over 24 months of runway, enabling the company to recruit key personnel and invest in equipment for a dedicated manufacturing line. Wastewater Fuels also plans to expand its business development team to support its growth. Seed £5M

Disclaimer

This Brochure has been prepared purely for information purposes, and nothing contained within should be construed as an offer, or the invitation or solicitation of an offer, to buy or sell any security, product, service or investment.

The information provided in this Brochure is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject Net Zero Technology Centre or its affiliates to any registration requirement within such jurisdiction or country.

Investments in small and mid-cap corporate entities are speculative and involve a high degree of risk. An investor could lose all or a substantial amount of his or her or its investment. Each investor must make their own independent decisions and obtain their own independent advice regarding any information, mentioned herein. The fact that Net Zero Technology Centre has made available various information, constitutes neither a recommendation to enter into a particular transaction nor a representation that any investment is suitable or appropriate for you. Each investor should consider whether the purchase or sale of any product or security is appropriate for them in the light of their investment needs, objectives and financial circumstances.

This brochure is exempt from the general restriction in section 21 of the Financial Services and Markets Act 2000 (“FSMA”) on the communication of invitations or inducements to engage in investment activity on the grounds that it is directed at or made exclusively to persons who are: (i) investment professionals within the meaning of Article 19(5) of the FSMA (Financial Promotion) Order 2005 (“FPO”), (ii) high net worth companies or unincorporated associations as defined in Article 49 of the FPO, (iii) high net worth individuals as defined in Article 48 of the FPO, (iv) self-certified sophisticated investors as defined in Article 50A of the FPO, (v) associations of high net worth investors or sophisticated investors within the meaning of Article 51 of the Order, or (vi) any other persons to whom it may lawfully be communicated. Persons who do not meet these criteria should not act or rely on this communication. Any person who is in any doubt about the investment to which the communication relates should consult an authorised person specialising in advising on investments of the kind in question.

Please note that Net Zero Technology Centre does not provide investment advice, arrange investments, or take part in negotiations. Any further engagement should take place directly between the startup and interested parties.

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