Piclo has secured £4.7 million of investment in a new Series A funding round set to support the development of new solutions and growth of its team.
Indra has secured a £6 million investment led by the Clean Growth Fund alongside Gulf Oil International.
The first investment from the government’s Clean Growth Fund has been secured by Piclo to help fund its UK and international growth.
Jonathan Tudor has joined the Clean Growth Fund as investment partner due to his “invaluable” experience.
The UK government has announced a £40 million fund for green startups, designed to help “supercharge the development of next generation clean, low-carbon technologies.”