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8th April 2022 - 0 comments

Low Carbon Innovation Fund backs EV startup Electric Miles

Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has made a £150k investment in Electric Miles. Low Carbon Innovation Fund 2 (LCIF2) led the £776,000 equity round which included co-investors Vipul Amin, founder of uSwitch and owner of Kelkoo; and Blue Lake VC, which focuses on B2B and software start-ups.

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