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Investors waking up to climate crisis: success of Green Angel Syndicate EIS Climate Change Fund Round 2

The successful close of the second round of the GAS EIS Climate Change Fund on 15th July suggests that investors are waking up to the seriousness of the climate crisis, according to GAS CIO, Antoine Pradayrol. Exceptional heat waves in Canada, the north-west US, northern Europe and Siberia and raging wildfires, as well as the most recent horrific floods in Germany and Belgium, cannot be ignored. 

With this in mind and the UK’s co-hosting of COP26 in Glasgow in November putting the climate crisis firmly on the agenda here in the UK, the success of Green Angel Syndicate’s Climate Change Fund comes as no surprise. Increasing numbers of investors want to make sure their investments are not contributing to the acceleration of climate change and are realising that where they invest their money really does matter. 

Green Angel Syndicate (GAS) closed Round 2 of its EIS Climate Change Fund on 15th July, well ahead of its target – boosting the amounts that the Climate Change Fund will be able to invest alongside GAS. Two thirds of Round 2 subscriptions came from non-GAS members, achieving our objective of making GAS deals available to a wider audience. 

Green Angel Syndicate is one of the largest angel syndicates in the UK and specialises exclusively in the fight against climate change. The Climate Change Fund has allowed those who are passionate about reducing and reversing carbon emissions, but who are not necessarily angel investors, to invest in a fund whose portfolio companies are pioneering grassroots innovators. The more successful the Fund is, the greater the impact will be; each round accelerates the growth of innovators fighting climate change. 

Nick Lyth, founder and CEO of GAS comments: “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 are well on track to deploy the capital of the Climate Change Fund’s first round and are hitting the ground running with Round 2, with a number of GAS deals likely to complete soon. Tackling climate change requires a complete transformation of all sectors of the economy – so it should come as no surprise that Green Angel Syndicate is investing across sectors, from energy to biodiversity monitoring, and from mobility to agriculture.” 

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. Round 3 of the CCF will open for investment later this year. 

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.

ENDS 

 

About Green Angel Syndicate

Green Angel Syndicate

(GAS) is one of the largest active angel syndicates in the UK and the only one specialising in the fight against Climate Change. GAS has attracted over 250 members and invested more than £10 million in 27 start-up or early-stage companies across 10 different economic sectors.

For more information or to speak to Green Angel Syndicate, please contact abi@greenangelsyndicate.com /  07771 895 946

Investors waking up to climate crisis: success of Green Angel Syndicate EIS Climate Change Fund Round 2

By Green Angel Syndicate19 Jul 2021