Now in its second year, the GreenTech Fund is an initiative that supports start-ups that are focused on using technology to mitigate the climate and biodiversity emergencies.
The winners of this year's GreenTech Fund are Saferplaces, Sunsave, Supercritical, The Far Out Thinking Company, and UP Catalyst. These businesses are seeking to address a wide range of climate and biodiversity challenges, and were selected following an open application and interview process involving a cross section of the firm’s partners and employees.
Saferplaces
Saferplaces is a global platform that offers AI-based digital solutions for flood risk intelligence in urban areas. The Italian-based company's goal is to democratise high-resolution information and data-driven algorithms to help every city worldwide build preparedness and climate resilience.
Sunsave
Sunsave is on a mission to help households take control of their energy bills and accelerate the journey to net-zero by making solar and storage accessible to all. The company aims to unlock solar energy and battery storage for the UK mass market.
Supercritical
Supercritical is a UK-based clean-tech startup that is developing a high-pressure, ultra-efficient electrolyser for the production of low-cost, clean hydrogen.
The Far Out Thinking Company
The Far Out Thinking Company is developing a tracking tool for biodiversity. The tool tracks plant pollinators, survey data from naturalists and other information to guide planting solutions based on gaps in biodiversity.
UP Catalyst
UP Catalyst is a European green technology start-up focused on producing sustainable carbon nanomaterials and graphite out of CO2 and biomass for many applications, from green batteries to biomedicine.
Each of the five successful businesses will receive legal advice worth £20,000 from Simmons lawyers.
Commenting on the outcome of the process, Partner Robert Allen, a member of the judging committee and the green room (the firm’s environmental sustainability network) said: “The quality of all of the businesses we saw this year was extremely high, but this year’s winning cohort stood out. We have an exciting variety of companies working hard to meet the challenges of the climate and biodiversity emergencies head on, and Simmons is looking forward to helping them address their legal needs in doing so.”
