Tag: Triodos Bank

New finance allows HumanForest to double the size of its London e-bike fleet

Stuart Mitchell

HumanForest, London’s most affordable and environmentally responsible e-bike company, has raised £12m in a Series A funding round, bringing its total funds raised to £17m. The funding includes a £5m project finance facility from sustainable finance specialist Triodos Bank UK, as well as investment from venture capital firms and existing investors. The Triodos Bank-backed funding will enable HumanForest to double the size of its London fleet to meet growing demand for its services. The company has quickly grown market share in London since its launch 18 months ago, growing on…

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World’s first rewilding centre opens in Scottish Highlands

Stuart Mitchell

Charity Trees for Life has officially opened the world’s first rewilding centre near Loch Ness, backed by a £2 million crowdfunding raise from Triodos Bank UK. The Dundreggan Rewilding Centre in Glenmoriston showcases how large-scale nature recovery can give people inspiring experiences while creating jobs and benefiting rural communities. Offering a gateway to Affric Highlands – the UK’s biggest rewilding landscape – the attraction is aimed at visitors from all walks of life, while boosting jobs and supporting re-peopling of this remote rural area. Triodos Bank raised £2 million for…

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New owners to rejuvenate historic mill and hydro scheme

Stuart Mitchell

A historic cotton mill in Derbyshire’s Derwent Valley will receive a new lease of life, including improvements to its hydropower scheme and new visitor facilities, following an acquisition backed by a loan from Triodos Bank UK. Sir Richard Arkwright’s Masson Mills at Matlock Bath is home to a working textile and hydropower museum plus conference centre. The entire site is supplied with renewable energy produced by its hydroelectric turbines with any surplus fed into the National Grid. With the support of a loan from Triodos Bank, Masson Mills has been…

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UK consumers urge banks to invest in long-term sustainable change

Stuart Mitchell

Rising energy bills and living costs have accelerated people’s dissatisfaction with the status quo of the financial system, leading them to demand positive long-term change, reveals new research from Triodos Bank UK.  Nearly three quarters of the UK public (73%) believe we need to collectively invest in long-term solutions to the issues the world is facing – such as investing in renewable energy to bring down energy costs and reduce our reliance on fossil fuels.  This demand is being driven by three quarters of people (75%) saying they are frustrated…

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Award-winning eco-disposable nappy and wipe brand Mama Bamboo launches second crowdfunding campaign

Stuart Mitchell

Leading environmentally friendly nappy and wipe brand Mama Bamboo is seeking to raise £600,000 through a second investment crowdfunding campaign on the Triodos Crowdfunding platform (triodoscrowdfunding.co.uk). Mama Bamboo was the first UK nappy and wipe company to achieve accreditation as a B Corporation and was given the highest rating by Ethical Consumer magazine of any disposable nappy brand in 2020. Since the previous investment round in 2021, which raised £600,000 through a share offer with Triodos, the company has developed a new line of sustainable nappies for premature babies, as…

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