Adaptavate

Investor: new investors, Low Carbon Innovation Fund 3, Innovate UK’s Investor Partnerships Programme, European Innovation Council (EIC)

Investor: Low Carbon Innovation Fund 3

Bristol-based carbon-storing construction technology company Adaptavate has secured a £4 million funding package to accelerate its commercial launch and international licensing strategy.Summary of transaction details:Value: £4 millionSector: Industrials & EnergyAdvisor: Not disclosedKey Entities: Adaptavate, Low Carbon Innovation Fund 3, European Innovation Council, Innovate UKLocation: Bristol, United KingdomNote: The investment enables Adaptavate to transition from technology development to industrial-scale commercial deployment, helping wallboard manufacturers adopt lower-carbon production methods.

Investor: Skreenhouse Ventures, Undivided Ventures