UK carbon capture specialist Nuada wins £3.4m backing from BGF

clock • 2 min read
Credit: Nuada
Image:

Credit: Nuada

The investment is an extension to Nuada's £4.5m Series A round which was co-led by the Clean Growth Fund and Barclays' Sustainable Impact Capital portfolio

UK-based capital investor BGF has announced it has invested £3.4m into carbon capture company Nuada, formerly known as MOF Technologies. Nuada focuses on carbon capture for hard to abate industries...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Investment

Microsoft inks third nature-based carbon removal offtake deal

Microsoft inks third nature-based carbon removal offtake deal

Ponterra, Rubicon Carbon, and Carbon Streaming launch 10,000-hectare project in Panama providing Microsoft with 1.6 million tonnes of removal credits over 30 years

Stuart Stone
clock 22 May 2024 • 4 min read
ETF Partners announces latest oversubscribed green tech fund

ETF Partners announces latest oversubscribed green tech fund

Specialist sustainable venture capital fund raises €285m, surpassing initial target of €250m

James Murray
clock 21 May 2024 • 2 min read
Investors urge policymakers to unlock finance for a 'green and competitive UK'

Investors urge policymakers to unlock finance for a 'green and competitive UK'

IIGCC sets out investor priorities for the next government to help accelerate transition to a competitive, energy-secure, resilient, and climate-neutral economy

Stuart Stone
clock 21 May 2024 • 4 min read