Clean Growth Fund secures initial £49m in backing for UK climate tech

Stuart Stone
clock • 2 min read
Credit: iStock
Image:

Credit: iStock

Climate tech venture capital firm has raised almost a third of £150m target to accelerate net zero innovation

Clean Growth Fund (CGF) has today announced it has secured £49m worth of investment towards its second fund, which is hoping to raise £150m to accelerate the next generation of net zero innovation in the...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Stuart Stone
Author spotlight

Stuart Stone

View profile
More from Stuart Stone

Fatih Birol: Age of electricity is here, but dark geopolitical shadow looms over energy sector

Schneider Electric CEO: The clean energy and climate train has 'left the station'

More on Investment

Failed low-carbon transition could wipe one third of pension fund returns
Investment

Failed low-carbon transition could wipe one third of pension fund returns

Ortec Finance finds high warming scenario could slash projected returns from pension funds by 2050

Jasmine Urquhart, Professional Pensions
clock 23 October 2025 • 2 min read
'Little progress': LSE study warns top banks are continuing to back new fossil fuel projects
Investment

'Little progress': LSE study warns top banks are continuing to back new fossil fuel projects

Analysis reveals no bank has fully committed to ending financing for all new oil and gas fields or coal projects

James Murray
James Murray
clock 22 October 2025 • 3 min read
National Wealth Fund announces over £100m financing for flagship wind and heat network projects
Investment

National Wealth Fund announces over £100m financing for flagship wind and heat network projects

Government investment vehicle confirms fresh funding for major wind projects in Orkney and Norfolk, as well as support for Hull's new heat network

Stuart Stone
Stuart Stone
clock 21 October 2025 • 6 min read