Top 10 Green Energy Startups

Tech for Good

2021-04-21

Confido

5 minutes

To continue our Earth Day celebrationsover the next couple of months we’ll be shining a light on some of our favourite cleantech startups. These purpose-driven businesses are doing everything they can to make the world a greener place, whether that’s through providing renewable energy, tackling fast fashion, or reducing plastic wastage 

This week, we’re focussing on the companies bringing sustainable energy to the masses.


Here are our top 1green energy startups... 

 

Bulb 

About: Bulb provides their members with 100% renewable electricity from solar, wind and hydro. Their gas is 100% carbon neutral, too. They offset the emissions from the gas they supply by supporting carbon reduction projects around the world. They’re also one of the biggest buyers of green gas for homes in the UK so a chunk of their gas mix comes from renewable sources. 

Location: London 

Company size: 101 to 250 employees 

Funding: Bulb has raised a total of £61.4m in funding over four rounds. Their latest funding was raised in March 2019 from a Non-equity Assistance round. 



Octopus Energy 

About: Octopus Energy want to make the eco‐friendly choice the easy choice, so all of their tariffs use 100% green electricity — and they're no more expensive than their competitors' non‐green tariffs. You can also carbon offset the gas you use if you want to minimise your environmental impact even further. They also make sure today's renewables infrastructure keeps on turning, generating clean, green energy to power Great Britain.  

Location: London 

Company size: 501 to 1,000 employees 

Funding: Octopus Energy has raised a total of $574m in funding over three rounds. Their latest funding was raised in December 2020 from a Corporate round. 


 

OVO Energy 

About: At OVO, you get 100% renewable electricity as standard and access to their carbon-kicking green tech. They’ll also plant a tree in your name every year with the help of our friends at the Woodland Trust. This means that just by joining them, you’ll be restoring nature and cutting carbon – about 1 tonne of it a year! 

Location: Bristol 

Company size: 1,001 to 5,000 employees 

Funding: OVO Energy has raised a total of £247m in funding over three rounds. Their latest funding was raised in February 2019 from a Corporate round. 

 

Pavegen 

About: Pavegen transforms footsteps into clean-electricity and data insights. They believe in the potential of clean technology to power a sustainable future, one in which people are not simply passive consumers, but active participants in making a better world. Pavegen’s V3 energy tile harnesses the power of every footstep to provide clean, off-grid electricity.   

Location: London  

Company size: 11 to 50 employees 

Funding: Pavegen has raised a total of $8.5m in funding over 12 rounds. Their latest funding was raised in April 2020 from a Series A round. 


 

Ecotricity 

About: All of Ecotricity’s electricity is green, generated at wind and sun parks around Britain. It’s also certified vegan. Their gas is a mix of carbon-neutralised natural gas and sustainable green gas. What makes them different is that they have no shareholders. So, instead of paying dividends they invest your bills in building new forms of green energy. 

Location: Gloucestershire 

Company size: 501 to 1,000 employees 

Funding: Ecotricity has raised a total of €32m in funding over one round. This was a Venture - Series Unknown round raised in August 2007. 


 

Verv 

About: Air Conditioning and large white goods play a significant part in the world’s growing e-waste problem, whilst also contributing to the high levels of carbon emissions fuelling the climate crisis. Verv’s aim is to disrupt the throw-away culture that exists by providing appliance manufacturers with cutting-edge predictive maintenance technology to create a new generation of smarter, longer-lasting and more sustainable appliances. 

Location: London  

Company size: 11 to 50 employees  

Funding: Verv has raised a total of $16.1m in funding over eight rounds. Their latest funding was raised in April 2019 from a Series A round. 


 

SIMEC Atlantis Energy  

About: SIMEC Atlantis Energy’s aim is to become the UK’s leading independent sustainable power generator. They are a global developer of sustainable development projects, with more than 1,000MW in various stages of development. This includes harnessing tidal power, power station conversion projects and turbine and engineering services.  

Location: London 

Company size: Over 10,000 employees 

Funding: Unknown 


 

Ripple 

About: Ripple allows you to part own a new wind farm to power your home with cheap, truly green electricity. Co-owning a new British wind farm increases the amount of renewable energy on the gridThe green electricity from your wind farm is supplied to your home via the grid by our supply partner Co-op Energy, powered by Octopus Energy. Owning your own source of low cost electricity reduces your bill too. 

Location: Somerset 

Company size: 1 to 10 employees 

Funding: Ripple Energy has raised a total of £859.8k in funding over two rounds. Their latest funding was raised in November 2020 from an Equity Crowdfunding round. 


 

Bboxx 

About: Bboxx exists to solve energy poverty. Their team believe that energy access is the entry point to unlocking a future that is otherwise not possible. That’s why they provide affordable, reliable, and clean electricity and other utility services to millions who are living without, transforming lives and unlocking the potential of communities, cities, and countries. 

Location: London 

Company size: 101 to 250 employees 

Funding: Bboxx has raised a total of $169m in funding over 14 rounds. Their latest funding was raised in November 2020 from a Debt Financing round. 


 

Witt Energy 

About: Witt Energy brings research, knowledge and expertise together to design and produce products which harvest energy from the environment. Where most energy harvesting devices take up-and-down or side-to-side motion, the WITT takes all 6 degrees and turns it into usable powerThis includes motion from the current, wind and waves.  

Location: Plymouth 

Company size: 11 to 50 employees 

Funding: Witt Energy has raised a total of £2.4m in funding over two rounds. Their latest funding was raised in April 2016 from an Equity Crowdfunding round. 


 We want to do everything we can to help support these fantastic businesses and the work they’re doing.  

If you belong to a green energy startup and would like to have a chat about how we could scale your Product or Tech teams, do get in touch at contact@confidotalent.com.   

Have we missed your favourites? Let us know on Twitter or LinkedIn, we’d love to hear from you!   

 

Funding information taken from Tech Crunch. 

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