Green Angel Syndicate launches 2nd cohort of Climate Change Fund

Green Angel Syndicate (GAS) is pleased to announce that the second round of its EIS/SEIS Climate Change Fund opens for investment today (12 April 2021).

The GAS Climate Change Fund (CCF) first launched in November 2020. The Fund was filled remarkably quickly and by its close in February 2021 had attracted over 40 investors and surpassed its minimum target by more than 65%.

Green Angel Syndicate is the UK’s angel investment syndicate specialising in the fight against Climate Change and Global Warming. The CCF has allowed those who are passionate about climate change, but who are not necessarily angel investors, to invest in a fund whose portfolio companies are pioneering with grassroots innovations in the fight against climate change. 

With the UK’s co-hosting of COP26 in Glasgow in November putting the climate crisis firmly on the agenda, GAS expects this round of the CCF to be even more successful than the last. Increasing numbers of investors want to make sure they are not contributing to the acceleration of climate change and in fact actively doing something to stop it. 

Nick Lyth, founder and CEO of GAS says: “This second round of the Climate Change Fund gives still more people the chance to play their part in the fight against climate change, at the same time as expanding our bandwidth and hence the impact for every investment we make.”

CCF Fund CIO Antoine Pradayrol says: “We have started deploying the capital of the Climate Change Fund’s inaugural cohort and we really look forward to welcoming new investors into the Fund with this second cohort. Tackling climate change requires a complete transformation of all sectors of the economy. Supporting early stage companies that are rising to this challenge and developing innovative solutions constitutes an exciting investment opportunity.”

The GAS Climate Change Fund supports the deals invested in by GAS, drawing on the specialist expertise of the Syndicate and using the same high standards of due diligence. The Fund, launched by Green Angel Syndicate in association with SFC Capital Partners, is overseen by specialists with significant depth and breadth of knowledge on climate change, innovation and investment.

Investment in the GAS Climate Change Fund allows investors to diversify their portfolio and spread the risk across all new GAS investments over the next 12 months. GAS invests across a variety of sectors and business models. This reflects the enormous range of the solutions that are being developed to tackle climate change across the economy.

The success of the first Climate Change Fund round increased the impact of Green Angel Syndicate, by providing even greater support to the start-ups reducing and reversing carbon emissions. With each round that GAS investors participate in, the CCF will add more money to the pot, accelerating the growth of the innovators fighting climate change. 

If you would like further information please see www.climatechangefund.co.uk or email enquiries@climatechangefund.co.uk

Disclaimer – Investment in early-stage companies involves risks such as illiquidity, lack of dividends, loss of investment and dilution. Even when diversified within a fund, investing in early stage companies carries a higher risk than investing in more established companies. Investment in EIS and SEIS funds should be considered as part of a diversified portfolio. Green Angel Syndicate 2 Ltd is an appointed representative of SFC Capital Partners Ltd which is authorised and regulated by the Financial Conduct Authority (‘FCA’) in the United Kingdom (FRN 736284). The content is for information purposes only and should not be used or considered as an offer or solicitation to purchase or sell any securities.