Redwheel enters venture capital market with UK climate tech fund

Partnership with Turquoise

Valeria Martinez
clock • 1 min read

Redwheel has entered the venture capital market with the launch of a growth-stage UK climate tech fund, developed alongside climate technologies investor Turquoise as part of a strategic partnership.

The Redwheel Turquoise ClimateTech fund will provide growth capital for UK companies with technology or services that address environmental challenges and promote sustainability to deliver "measurable impact". With a focus on the energy, transport and mobility, and resource efficiency sectors, the investment team will invest in companies with "demonstrated potential" to disrupt their industries in the near term.  AXA Investment Management's Amanda O'Toole joins Redwheel Tord Stallvik, CEO of Redwheel, said: "This partnership and extension into the private sphere is a natural progre...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Trustpilot