# Low Carbon Innovation Fund

> Low Carbon Innovation Fund is a VC fund backing Energy and Manufacturing. See 75 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Norwich, United Kingdom
- Total investments: 75
- Last investment: Aug 2026
- Lead investor: 36%
- Last fund: Jan 2016
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/lcif/about/
- X (Twitter): http://twitter.com/lowcarbonfund
- Website: http://www.lowcarbonfund.co.uk/LCIF/Index.action

Low Carbon Innovation Fund is a venture capital fund, providing equity finance for SME’s based wholly or partially in the East of England.The Fund is supported by the European Regional Development Fund (ERDF). It uses £20.5M from the ERDF which will be matched with over £30M private sector investment – generating a total of over £50M ofinvestment in the East of England. So far the Fund has invested over £8.5M alongside £26M private co-investment in 26 investments.Turquoise International manages the Fund on behalf of the Adapt Low Carbon Group at the University of East Anglia (UEA). The Fund builds on the region's world class low carbon economy and is the largest European Regional Development Fund-funded project in the region. The Low Carbon Innovation Fund was launched in September 2010 and will run until December 2015.

## Contacts

5 contacts available for Low Carbon Innovation Fund. Shizune tracks 7 team members at Low Carbon Innovation Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/low-carbon-innovation-fund?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $300k–$2.8M |
| Venture - Series Unknown | $118k–$22M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 16 | 21% |
| Manufacturing | 13 | 17% |
| Renewable Energy | 10 | 13% |
| Software | 7 | 9% |
| Automotive | 4 | 5% |

93 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 22 | 29% |
| Seed | 18 | 24% |
| Venture - Series Unknown | 11 | 15% |
| Series A | 8 | 11% |
| Angel | 2 | 3% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Kingdom | 50 | 67% |
| Canada | 1 | 1% |
| Ireland | 1 | 1% |
| United States | 1 | 1% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Francis Wright | Team Member | 4 | https://shizune.co/investors/profile/francis-wright |
| Ali Naini | Fund Manager | 0 | https://shizune.co/investors/profile/ali-naini |
| David Wright | Director | 1 | https://shizune.co/investors/profile/david-wright-db24 |
| Ian Thomas | Member of Investment Committee | 11 | https://shizune.co/investors/profile/ian-thomas-9ddd |
| James Griffiths | Programme Manager | 0 | https://shizune.co/investors/profile/james-griffiths |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Advanced Electric Machines | Advanced Electric Machines Ltd (AEM) was formed in November 2016 to deliver world class motor and drivetrain systems for Low Carbon Vehicles with a focus on cost effective high performance and minimal environmental impact. AEM is focused on putting Britain ahead in the global race for the development of new low carbon propulsion technologiesaiming to use a UK manufacturing base to export products all over the world. | $21.5M | Venture - Series Unknown | Aug 04, 2026 |  |
| Kubos Semiconductors | Kubos Semiconductors is develop and commercialize cubic-GaN for high efficiency, low-cost LEDs using intellectual property. | $2.1M | Venture - Series Unknown | Aug 03, 2026 |  |
| Cellexcel | Cellexcel is a biomaterials research company that develops technology for enhancement of water resistance of biomaterials. | $319.9K | Seed | Mar 12, 2024 |  |
| GridDuck | GridDuck transforms homes and businesses into part of the smart grid. GridDuck's gateway uses a Zigbee wireless network to connect to our plugs and relays. It monitors consumption data and executes your rule-sets. It connects to the cloud via ethernet, wireless or cellular network. The company's wireless plugs, relays and switchesmonitor real-time consumption patterns. Then can also monitor grid conditions and immediately respond to commands from the GridDuck gateway. | $631.5K | Series A | Nov 30, 2023 |  |
| Advanced Electric Machines | Advanced Electric Machines Ltd (AEM) was formed in November 2016 to deliver world class motor and drivetrain systems for Low Carbon Vehicles with a focus on cost effective high performance and minimal environmental impact. AEM is focused on putting Britain ahead in the global race for the development of new low carbon propulsion technologiesaiming to use a UK manufacturing base to export products all over the world. | $28.3M | Series A | Nov 07, 2023 |  |
| weekly.shop | Weekly.Shop is a shopping basket for groceries and supplies products in refillable containers, which collects, washes, and reuses.Weekly.Shop is a couriering order by electric vehicles to customers in the surrounding areas |  | Venture - Series Unknown | Oct 05, 2023 |  |
| Archipelago Technology | Archipelago Technology is a technological consulting firm with an emphasis on accurate measurement and management. It works in the fields of printing, precise manufacturing, medicine, energy, and instrumentation, and it creates solutions to help clients' businesses grow. | $1.8M | Venture - Series Unknown | Oct 03, 2023 |  |
| Archipelago Technology | Archipelago Technology is a technological consulting firm with an emphasis on accurate measurement and management. It works in the fields of printing, precise manufacturing, medicine, energy, and instrumentation, and it creates solutions to help clients' businesses grow. |  | Grant | Oct 03, 2023 |  |
| Kelda Showers | Kelda Showers manufactures showering solutions using Air-Powered™ technology, reducing water usage by 55%. | $2.7M | Series A | Sep 12, 2023 |  |
| SkootEco | SkootEco is a Top 5% B-Corp operating a platform to help businesses identify and report their carbon emissions. Within your dashboard you can make a plan to avoid and reduce the footprint with the ability to remove the final emissions through carbon offset and removal projects found specifically to align with your business. With numerous productsavailible SkootEco can help you on your path to Net-Zero. | $1.4M | Venture - Series Unknown | Sep 04, 2023 |  |

10 of 75 investments shown.

## Co-investors
- [Anglia Capital Group](https://shizune.co/investors/profile/anglia-capital-group) — VC Fund, 6 deals together
- [Turquoise International](https://shizune.co/investors/profile/turquoise-international-ed0f) — VC Fund, 4 deals together
- [Counteract](https://shizune.co/investors/profile/counteract) — VC Fund, 3 deals together
- [1818 Venture Capital](https://shizune.co/investors/profile/1818-venture-capital) — VC Fund, 2 deals together
- [24 Haymarket](https://shizune.co/investors/profile/24-haymarket) — VC Fund, 2 deals together
- [Ascension](https://shizune.co/investors/profile/ascension-ventures-limited) — VC Fund, 2 deals together

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## FAQ

### What does Low Carbon Innovation Fund invest in?

Low Carbon Innovation Fund invests primarily in Energy, Manufacturing and Renewable Energy startups, most often at Funding Round and Seed stage. Most of the 75 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Low Carbon Innovation Fund's check size?

Low Carbon Innovation Fund typically joins rounds of $300k–$2.8M at Seed and $118k–$22M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Low Carbon Innovation Fund participates in.

### How do I contact Low Carbon Innovation Fund?

Public channels for Low Carbon Innovation Fund include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Low Carbon Innovation Fund?

The team at Low Carbon Innovation Fund includes Francis Wright (Team Member), Ali Naini (Fund Manager) and David Wright (Director), among 7 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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