Mulberry Green Fund launches £20m UK tech investment pool

Dec 9, 2016 · http://techcitynews.com

Screen shot 2016 12 09 at 09.46.02

Early stage green tech startups in the UK will now have access to a £20m venture capital investment fund.

The Mulberry Green Fund, a joint venture between the Adapt Low Carbon Group at the University of East Anglia and Cocoon Networks, will seek to solve China’s environmental problems by scaling innovative UK tech solutions in the country.

The fund’s launch comes after a recent government report by Chinese president Xi pledged to address the country’s environmental issues as he stated that "tackling climate change is a shared mission for mankind".

Announced today at the China-UK Hi! Technology Festival, held today in London, the fund will focus on a wide range of verticals within green tech, including water and soil management.

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