Elbow Beach Capital has invested £1.5m into Fieldwork Robotics, developers of the world's first autonomous raspberry harvesting robot. The robot, named Alpha, analyses the crop, decides when to harvest the raspberries, and places them in punnets ready for delivery to supermarkets.
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Elbow Beach Capital is pleased to announce that The Elbow Beach Foundation is supporting three new charities, Energy Sparks, Beefy’s Charity Foundation, set up by former England Cricket Captain Ian Botham, and Coeliac UK.
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Elbow Beach Capital has led a £900k seed investment round into battery technology and energy storage pioneers, Allye. Allye provides distributed energy storage at the grid edge working in partnership with electricity networks to accelerate decarbonisation while enabling end-users to lower energy costs by up to 50%.
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Elbow Beach Capital is delighted to become the latest member of the Green Finance Institute. The GFI partners with financial institutions, businesses, policymakers, academics, philanthropists and civil society experts to develop solutions that will redeploy capital at the pace and scale that science demands.
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Elbow Beach Capital has backed Omnevue, a London-based startup that provides ESG accounting for companies, in a £2.5m seed funding round. Elbow Beach led the round with Pi Labs with support from Zone2boost, and other angel investors. Omnevue has developed cutting-edge integrated software to deliver audit-grade ESG accounting, think Quickbooks for ESG.
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EBC has backed Shropshire-based broccoli protein specialist, upp to support the commercialisation of the company’s unique harvest automation and upcycling technologies. The UK is one of the largest producers of broccoli in the world but is reliant on increasingly scarce and expensive labour to harvest broccoli heads by hand.
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Elbow Beach Capital has provided £1.5m in seed funding for waste-to-material pioneers, Unwasted. The London-headquartered company, which converts waste cardboard into premium panel boards will benefit from a strengthened balance sheet and EBC’s commercial expertise ahead of its upcoming Series A.
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Elbow Beach Capital has backed biopharmaceutical innovators EnsiliTech in a £1.2m pre-seed funding round led by Science Angel Syndicate and Fink Family Office. EnsiliTech is developing a refrigeration-free approach to transporting vaccines that will greatly improve their distribution in developing countries.
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Elbow Beach Capital has backed bioelectronics startup QV Bioelectronics in a Pre-Series A round led by Science Angel Syndicate and Fink Family Office. Based in Manchester, QV Bioelectronics has created an innovative surgically implanted Electric Field Therapy (EFT) device for the treatment of brain tumours.
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Elbow Beach Capital has invested in chemistry automation startup, CheMastery in a seed round led by Science Angel Syndicate and Undeterred Capital. Founded by Dr Anna Andreou and Dr Stefan Glatzel, CheMastery aims to revolutionise the way in which chemical research and manufacturing are carried out.
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Elbow Beach Capital investee, Munro Vehicles last night unveiled its first all-electric off-roader, the MK_1. It is the first light vehicle to enter production in Scotland in more than four decades and its unique attributes make it an ideal low-carbon choice for sectors such as construction, agriculture, forestry and mining.
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Elbow Beach Capital is pleased to announce that Andy Summerfield has been appointed as an Investment Director of the company. Andy, a founding member of EBC’s advisory board has significant expertise in go-to-market strategy and organisational transformation.
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