Funds

Reactive Technologies has raised £25m in a funding round led by M&G Investments, BGF and Breakthrough Energy Ventures for the global expansion of its technological solutions in support of the renewable energy transition.

The firm said it will integrate impact considerations into their stock-picking approach, aiming to deliver both positive societal impact and attractive long-term returns.

The new fund will focus on investments in commercially proven technologies such as onshore wind, solar panels and small-scale hydropower.

The private markets fund has deployed more than £1bn to date, including investments in the biggest operational solar portfolio to ever be traded in the UK.

The fund secured investment from almost 50 investors and plans to fund 30 impact startups in areas such as climate tech, energy, biotech AI and health tech. 

Phenix Capital’s latest report highlights the dramatic shortfall in investment needed to sustainably manage biodiversity and maintain the integrity of the Earth’s ecosystems.

Global investment firm Cambridge Associates is one of the investors in the new fund, which is focused on making the seafood value chain less wasteful.

Plastic waste is a big problem, but less so if it can be turned into second-hand plastic or even oil. That’s the market investment fund Infinity Recycling operates in.

Plus, 3i Group, Mirova and Banque des Territoires invest €60m in e-mobility | Emerging markets outpace US and UK firms in gender equality | Northern Horizon starts new care home fund

The fundraising playbook for software has been set for decades. In climate tech, not so much. A new initiative aims to bring clarity for founders and investors, and fast-track climate technologies.