Tag: Sky Ocean Ventures

Investment from Sky Ocean Ventures and Scottish Enterprise creates new jobs and enables expansion at CuanTec

Stuart Mitchell

CuanTec, the blue biotech company based in Motherwell and Oban, have completed an investment round with Sky Ocean Ventures and Scottish Enterprise that will enable them to process at pilot production scale and finalise their formulations. The investment will also create new jobs at the CuanTec lab at the European Marine Sciences Centre at Dunstaffange outside of Oban. The investment round has been led by Sky Ocean Ventures – Sky’s impact investment fund committed to accelerating ideas that can help turn off the plastics tap and the Scottish Investment Bank,…

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Sky Ocean Ventures invests in 10 innovative UK businesses fighting the plastics epidemic

Stuart Mitchell

Sky Ocean Ventures has teamed up with the Government to invest in ten UK companies that have identified innovative solutions to solving the ocean plastics crisis. The ideas range from biodegradable water bottles and packaging made from seaweed, right through to an ingenious way of reducing the plastic microfibre waste that comes from the clothes we wear – by developing clothes that grow with children. Launched in March 2018, Sky Ocean Ventures is a £25m impact investment fund committed to accelerating young companies and entrepreneurs who are developing ideas that…

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Sky Ocean Ventures and Ambienta SGR join forces to protect the ocean

Stuart Mitchell

Sky Ocean Ventures and Ambienta SGR join forces against single-use plastic. The investment fund launched by Sky to address the ocean plastic crisis and the largest European fund focused on investing in sustainable industry, announce they have signed an agreement aimed at identifying high-impact investments in all those areas involved in the production and use of plastic for a more efficient and environmentally sustainable value chain. To that end, Ambienta will share with Sky Ocean Ventures its proprietary methodologies and practices to assess and measure environmental impact (EIA, Environmental Impact…

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National Geographic and Sky Ocean Ventures Launch Global Search for Alternatives to Single-Use Plastics

Stuart Mitchell

National Geographic and Sky Ocean Ventures have launched a global search for innovative solutions to help tackle the world’s single-use plastic problem. The Ocean Plastic Innovation Challenge, a one-year competition, will focus on three strategic ways to address the growing issue of plastic pollution: designing alternatives to single-use plastics, identifying opportunities for industries to address plastic waste throughout supply chains, and communicating the breadth of the issue through data visualization. The Ocean Plastic Innovation Challenge is a key component of National Geographic and Sky Ocean Ventures’ partnership to reduce plastic…

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Sky and National Geographic work together to fight ocean plastic

Stuart Mitchell

Sky and National Geographic have announced that they are to join forces in the fight to eradicate the destructive impact of plastic litter in the world’s oceans and that National Geographic will commit $10 million to bring its scientific expertise, grants and media reach to support the activities of Sky Ocean Ventures. Sky Ocean Ventures was launched in March 2018 with a £25 million cornerstone commitment from Sky and the objective of seeking out investment opportunities in businesses that can help solve the ocean plastic crisis. The National Geographic Society…

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