String of follow-on investments highlights progress of Green Angel Syndicate portfolio companies13/1/2020
By Antoine Pradayrol Over the past two years, Green Angel Syndicate members have invested in 17 young and ambitious companies developing ground-breaking solutions to tackle global warming.
Of those investments, a third were completed less than a year ago, and 11 were completed during 2018, so none of them is more than two years old – and it is still too early to know how successful these endeavours will ultimately be. by Nick Lyth, CEO and Founder of Green Angel Sydicate
In other words, Deeptech is provided with a moral value, its products are believed to be agents for social and economic good, specifically, which carries with it an implication that ALL deep technology innovations will be improvements on the status quo.
By Antoine Pradayrol Our 28th November pitch event at Browns Covent Garden in London broke another record in terms of attendance, and our eager audience of angel investors was treated with five high quality pitches from five ambitious companies in five very different areas of the green economy.
By Rachel Owen Clothing that is hardly worn and rarely recycled represents a global opportunity worth $500 billion a year. As customers call for the fashion industry to clean up its act, new entrants and existing players are causing major disruption in this fast-moving sector.
by Nick Lyth, CEO and Founder of Green Angel Sydicate
by Jonny Hughes, Chief Executive Officer, WCMC and honorary member of Green Angel Syndicate
It is autumn, and as sure as the leaves on the trees turn from green to gold, so begins the retailers’ inevitable long haul towards Christmas. John Lewis Oxford Street unveiled its Christmas display on 26th September, just three days after the official start of autumn and a full three months ahead of the festival itself. Despite all the effort that retailers have traditionally put into persuading us to buy and buy more over the last three months of the year, the peak of the shopping season, it seems that not everyone is convinced. There is a growing movement of conscious consumerism that is gaining support, particularly amongst young adults and those overwhelmed by the amount of ‘stuff’ in their lives. Our 26th September pitch event at Urban Innovation Centre in Clerkenwell, London, was packed with more than 90 attendees and a fantastic line-up of five companies. The companies represented very different sectors, from buildings to industry to electric vehicles to online second-hand shopping. However, all of them had not only a very strong investment case but also a very clear contribution to make to solving the climate crisis – so all were perfectly aligned with Green Angel Syndicate’s objectives:
I am new to angel investing but not new to caring about environmental issues. As a mother my absolute highest priority is helping to protect my children’s future and I am trying to do that on a multitude of fronts, one of which is investing in green start-ups.” The business world is starting to recognise that recovery and reuse of resources in efficient circular business models, as an alternative to the using-up of virgin resources, is a major opportunity. Whether it is the flow of materials, component parts or entire products, circular principles allows us to make and do more with less, and offer the potential to reduce (or even reverse) the negative environmental impacts of our economic activity.
Green Angel Syndicate has already invested in two circular business companies, Alusid and BuyMeOnce, and is close to completing a third, Smile Plastics. As Green Angel Syndicate celebrate our second-year anniversary and winning ‘Syndicate of the Year’ at the UK BAA Awards on 2 July, what a perfect time to review the progress we have made so far.
Ultimately, we will judge ourselves on the success of the businesses that we will collectively have funded – and it is still too early for any meaningful track record, notably in terms of exits. However, like last year, we wanted to report on our investment activity for the benefit of our members – including how many proposals we have received; how many investments have been completed and for what amount; and finally, how we have selected the companies that we have invested in and how they fit with our strategic mission. Our 6th June Pitch Event at Browns Covent Garden in London was another record-breaking success, with a packed, engaged audience of more than a hundred, five new excellent pitches and a very positive update from one of our existing live deals.
Of the six presenting teams, three focused on segments of the renewable energy value chain, and the three others on equally essential sectors of the green economy: energy efficiency, the circular economy and clean agriculture.
Heating accounts for half of energy consumption globally, and over a quarter of total CO2 emissions – so decarbonising heat must be an urgent priority.
However, this is a complex, multifaceted, thorny issue – with no single one-size-fits-all solution, but rather a variety of possible technologies which are both competitive and complementary; and the real-life impacts of the transition to zero carbon heating will be significant, in terms both of investments required and of disruption at customers’ premises.
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IMPORTANT INFORMATION
The content of this webpage should not be construed as financial advice. Any decision to invest should be made only on the basis of the relevant documentation for each investment. Past performance is not necessarily a guide to future performance. The value of an investment may go down as well as up and investors may not get back the full amount invested. Investments in small unquoted companies carry an above-average level of risk. These investments are highly illiquid and as such, there may not be a readily available market to sell such an investment. Green Angel Syndicate does not provide specific individual advice on the suitability of investments with regard to a potential investor's individual circumstances, risk tolerance or investment objectives and investors should seek independent financial advice if they are in any doubt whether a product is suitable for them. Please Click Here to see the full Risk Warning.
© Green Angel Syndicate, 29 Shand Street, London, SE1 2ES 2017.
The content of this webpage should not be construed as financial advice. Any decision to invest should be made only on the basis of the relevant documentation for each investment. Past performance is not necessarily a guide to future performance. The value of an investment may go down as well as up and investors may not get back the full amount invested. Investments in small unquoted companies carry an above-average level of risk. These investments are highly illiquid and as such, there may not be a readily available market to sell such an investment. Green Angel Syndicate does not provide specific individual advice on the suitability of investments with regard to a potential investor's individual circumstances, risk tolerance or investment objectives and investors should seek independent financial advice if they are in any doubt whether a product is suitable for them. Please Click Here to see the full Risk Warning.
© Green Angel Syndicate, 29 Shand Street, London, SE1 2ES 2017.