Oxford spinout raises £9.2m for smart water tank R&D centre
An Oxfordshire-based company developing smart water tanks has received £9.2m in funding to construct a research and development (R&D) centre. Mixergy, founded as a spinout...
Category : Energy
UK Space Agency invests £2.9m in Rolls-Royce space reactor
Aerospace company Rolls-Royce has received a further £2.9m in funding from the UK Space Agency to develop its micro space reactor that could be used...
Asda and HVS recieve £6.6m grant for self-driving hydrogen truck
A consortium, which includes supermarket Asda and HVS, has been awarded a £6.6m government grant to develop a self-driving, hydrogen-powered truck. The Hub2Hub consortium is...
Britishvolt timeline: From positive spark to flat battery in three years
This week electric vehicle battery startup Britishvolt filed for administration after failing to find additional investment or new buyers. It comes just three years after...
Britishvolt appoints administrators as battery startup goes bust
Battery startup Britishvolt has appointed administrators to handle its insolvency after it failed to find a buyer or secure additional funding. The insolvency is a...
Government could spend £4.5bn on Octopus to fund Bulb takeover
The government has pledged £4.5bn in taxpayer money to finance the takeover of Bulb by its rival energy firm Octopus. Bulb, which collapsed in 2021...
Chancellor appoints advisors to create multiple UK ‘Silicon Valleys’
The government has appointed five industry experts to lead the chancellor’s plan to turn the UK into the “world’s next Silicon Valley”. Chancellor Jeremy Hunt...
Barclays increases climate tech investment to £500m
Barclays is increasing its investment in climate tech startups, made through its Sustainable Impact Capital portfolio, from £175m by 2025 to £500m by the end...
Smart boiler maker Tepeo raises £10.5m
Wokingham-based startup Tepeo has scooped £10.5m in a Series A funding round led by BGF for its smart boiler. Founded in 2018, Tepeo’s “ZEB” boiler...
Toyota gets £11.3m to develop hydrogen pickup truck in Derbyshire
A Toyota-led consortium has been awarded £11.3m in funding from the Department for Business, Energy & Industrial Strategy to develop a hydrogen variant of its...
