Clean Technology

SetSquared Bath-affiliate Verv has secured backing from investors including Centrica as it continues the roll-out of its smart energy hub and peer-to-peer trading platform for renewable electricity.

Goldwind, Legal & General and Equinor have all taken part in a series D that achieved a $41m first close and boosted the Oxford spinout’s total equity and debt to more than $118m.

IP Group returned to join corporates BP and Drax for the Leeds CO2 capture spinout’s latest round, taking its total investment in the company to $2.2m since 2009.

Environmental compliance software startup Encamp has amassed $1.1m from investors including IU’s Philanthropic Venture Fund.

IIM Ahmedabad's incubator supplied seed funding to help environmental monitoring startup Oizom Instruments pursue marketing, product enhancements and R&D.

EPFL-founded exhaust filtering system spinout Daphne Technology has been backed by investors including oil producer Saudi Aramco.

ETH Zurich spinouts lifted their total funding haul to $173.3m from $123.1m in 2017.

University of Chicago’s Polsky Center for Entrepreneurship has formed microbiome-focused Avnovum Therapeutics, BiomeSense, Covira and Oxalo Therapeutics over the past year.