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The Climate Tech Supercluster has been launched to assist the growth and improvement of the inexperienced tech startup scene in college cities throughout the UK and Europe
By
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Caroline Donnelly,
Senior Editor, UK
Published: 15 Jun 2023 13:03
Climate tech startups from throughout the UK and components of Europe are being inspired to join an initiative designed to make it simpler for them to entry capital and scale up.
Known because the Climate Tech Supercluster, its goal is to deliver inexperienced tech startup founders, buyers and different stakeholders collectively to allow them to share their information and community connections to assist deliver services and products to market faster.
The enterprise has been arrange by analyst agency Liminal, with the assist of Cambridge Clean Tech and Oxfordshire Greentech, that are each organisations which might be involved with offering localised assist to inexperienced tech SMEs and startups.
With this in thoughts, the group stated the preliminary focus of the Climate Tech Supercluster can be on uniting the members of the inexperienced tech neighborhood primarily based across the universities of Oxford, Cambridge and Imperial within the UK, in addition to these with ties to the Delft University of Technology within the Netherlands, Vrije Universiteit Brussel in Belgium, and Ecole Polytechnique in France.
It claims 3,000 inexperienced tech startups and scaleups price greater than $1tn have already signed up to take part within the Climate Tech Supercluster.
Roland Harwood, co-founder of the Climate Tech Supercluster, stated exercise and funding ranges within the inexperienced and low-carbon tech sector are accelerating quick, however the funding panorama could be tough for newcomers to navigate.
“[This is] why we are urgently calling to grow our collective capacity by launching the world’s first Climate Tech Supercluster,” stated Harwood.
Roland Harwood, Climate Tech Supercluster
“R&D-focused geographic clusters facilitate talent, capital, process, data and IP flow between organisations, with players interacting for mutual benefit. By working together, the sum of climate tech action can be much greater than the parts.”
The supercluster has additionally secured the assist of trade companions, together with utility supplier EDF Energy, which can also be serving to to fund the primary part of the undertaking.
Laimonas Noreika, co-founder of agriculture tech-focused startup funding agency HeavyFinance, stated the emergence of the Climate Tech Supercluster was extraordinarily well timed.
“European-wide collaboration between organisations can play a significant role in championing the fight toward net zero, providing a plethora of opportunities to spearhead awareness and increase access to R&D with greater support and guidance,” stated Noreika.
“This is key during times of economic uncertainty, and as the climate tech space is developing so rapidly. The group will be able to empower and lead climate tech businesses of all sizes, and ultimately act as a leading voice to encourage other industries to leverage carbon reduction policies.”
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