VC

Sustainable Ventures

Niche focus:
Climate Tech and Deeptech
Address:
County Hall Belvedere Road London, SE1 7PB
Overview

Sustainable Ventures are a full-service ecosystem empowering sustainable start-ups to scale.

Size of investment
Funding stage

Pre-seed - Series A

Visit website

Sustainable Ventures VC: Powering the Climate Tech Revolution

Sustainable Ventures has grown into Europe's leading climate tech ecosystem, supporting over 800 startups with investment, workspaces, and tailored venture development. Since 2011, they've become a cornerstone for entrepreneurs tackling climate challenges, helping businesses scale from concept to commercial success - or as they like to say, from "beer-mat to exit". Their all-encompassing strategy enables climate startups to lead innovation and sustainability across multiple sectors. The focus is on developing practical routes for green businesses to succeed in the marketplace.

Mission, Goals and Values

Sustainable Ventures aims to empower climate tech startups through investment, workspaces, and hands-on support, speeding up the shift to a low-carbon economy. Their mission focuses on scaling solutions to climate challenges, from initial idea to market success, while creating measurable environmental benefits.‍

Goals:

  • Ecosystem Expansion: Develop 1,000 climate tech businesses by 2025, having already supported over 800 startups.
  • Green Job Creation: Generate employment through portfolio companies, with over 6,000 jobs created to date.
  • Funding Milestones: Facilitate £1.1bn+ in equity funding for climate tech startups.
  • Regional Impact: Partner with local authorities to strengthen green economies and close skill gaps, exemplified by programs in Lambeth.
  • Sector Leadership: Promote AI integration and climate adaptation technologies to enhance efficiency and resilience.

Core Values:

  • Integrity: Prioritising transparency and ethical practices in investments and operations.
  • Collaboration: Building partnerships with startups, corporations, and governments to drive systemic change.
  • Innovation: Supporting cutting-edge technologies, including AI-driven climate solutions.
  • Sustainability: Ensuring all initiatives align with net-zero targets and the UN Sustainable Development Goals.

These elements position Sustainable Ventures as a catalyst for climate tech innovation, combining money, community, and expertise to tackle urgent environmental challenges.

Founders and Origin Story

Andrew Wordsworth and Christopher Morris launched Sustainable Ventures in 2011 as a response to the urgent need for scalable climate solutions. They combined their know-how in finance, sustainability, and entrepreneurship to build what's now Europe's largest climate tech ecosystem. The founders spotted a critical gap in the market - there wasn't enough support for early-stage climate tech startups. This led them to create a hybrid ecosystem offering investment, workspaces, and hands-on venture support. Their vision focused on commercial innovation to fight climate change. Since they started, they've fostered over 500 startups by providing crucial support during those challenging early stages of business development.

Andrew Wordsworth: Co-Founder & Managing Partner

  • Secured over £250m in equity commitments for portfolio ventures.
  • Former roles at Esso and Bain & Co, with leadership at Carbon Trust Enterprises.
  • Connect on LinkedIn: Andrew Wordsworth.

Christopher Morris: Co-Founder & Senior Partner

  • MBA from London Business School; 2016 Business Green Entrepreneur of the Year.
  • Founded E-Car Club (acquired by Europcar in 2015), pioneering crowdfunded exits.
  • Connect on LinkedIn: Christopher Morris.

Investment Focus

Sustainable Ventures specialises in early-stage climate tech startups with scalable solutions to environmental challenges. They prioritise ventures that align with the EU Taxonomy for sustainability.

Core Sectors:

  • Energy: Renewable technologies, grid optimisation, and energy storage.
  • Mobility: Low-carbon transport solutions, including electric vehicles and logistics innovations.
  • Circular Economy: Waste reduction, resource efficiency, and material reuse technologies.
  • Agritech: Sustainable agriculture, precision farming, and food preservation (e.g., Plasma Fresh).
  • Building Tech: Energy-efficient construction materials and carbon-capture cement (e.g., Concrete4Change).
  • Pollution Control & Climate Adaptation: Solutions for resilience against climate impacts, such as flood mitigation.

Technology Integration:

  • AI-Driven Innovations: Startups leveraging AI for operational efficiency, predictive analytics, or new revenue streams (e.g., Robotiz3d's AI-powered road maintenance).
  • Hardware-Software Synergy: Companies combining physical products with data-driven platforms (e.g., Rovco's subsea robotics and 3D mapping).

Impact Requirements:

  • Measurable Environmental Benefits: Startups must demonstrate contributions to climate mitigation, adaptation, or circular economy goals under the EU Taxonomy.
  • SEIS/EIS Eligibility: Tax-efficient investments for UK-based pre-seed startups raising under £800k.

Securing non-dilutive funding and funding to accelerate ventures are key strategies they use to boost development and growth, especially in the climate tech sector.

Geographic Scope

Sustainable Ventures mainly focuses on the UK climate tech ecosystem, with hubs in London, Manchester, Glasgow, and Cambridge. They're working to support regional green economies by creating local ecosystems and tapping into talent from nearby universities. The goal is ambitious - to expand to 2,000+ startups across the UK. This approach helps green-tech founders connect with like-minded entrepreneurs facing similar challenges, making knowledge-sharing and collaboration much more likely.

Assessment

Sustainable Ventures evaluates startups through a designed process for EU Taxonomy alignment, SEIS/EIS eligibility, and climate impact. They don't just look at the business model - they dig deep into the potential environmental benefits too. Their assessment includes technical feasibility reviews, market potential analysis, and checks for ecosystem synergy. This thorough approach helps ensure they're backing scalable, sustainable solutions that can make a real difference.

Notable Portfolio Companies

PheroSyn: An AgriTech innovator developing pheromone-based pest management solutions to replace harmful chemical pesticides, targeting midge pests in wheat, peas, and pears, backed by Sustainable Ventures. Visit website: PheroSyn.

Airex: A pioneering energy efficiency company developing smart air bricks to improve home ventilation and reduce energy consumption by up to 15%, supported by Sustainable Ventures. Visit website: Airex.

Albotherm: A materials science company creating temperature-responsive coatings for greenhouses and buildings to passively regulate heat and light, reducing energy use, with strategic support from Sustainable Ventures. Visit website: Albotherm.

Funding Sources

Sustainable Ventures secures capital through EIS/SEIS tax-efficient funds, crowdfunding platforms (e.g., Seedrs), and grant-writing services for non-dilutive funding (e.g., Innovate UK). They collaborate with partners like Sapphire Capital Partners for scaled fund management and leverage corporate investments (e.g., Barclays Climate Ventures) to support portfolio growth. Additionally, their expertise and direct grant support are crucial in helping climate tech startups and entrepreneurs secure the necessary funding to transition their ideas into impactful, market-ready products and services.

Investment Details

Sustainable Ventures targets pre-seed to seed-stage climate tech startups that have MVP/prototype validation and early customer traction.

They typically look for:

  • Startups raising under £800k, typically with SEIS/EIS eligibility.
  • Minimum two founders committed to a 12-month accelerator program.
  • Clear potential for venture-scale returns and measurable climate impact (e.g., EU Taxonomy alignment).

Funding Structure:

  • Equity: £150k–£350k per startup via Sustainable Accelerator 7 (SA7), targeting 8–10 companies.
  • SA7: EIS/SEIS-compliant, with tax relief for investors.
  • Impact Funds: Newly launched SEIS/EIS Impact Funds (2024) for diversified climate tech portfolios.
  • Follow-On Support: Portfolio companies have secured £160m+ in additional funding.

Track Record:

  • Portfolio Growth: 40+ active companies, including Rovco (41x valuation growth) and Airex (14x growth).
  • Exits: 3 exits exceeding £150m enterprise value, with an 87% portfolio survival rate.
  • Diversity: 23% female-founded teams (12x industry average) and 65% with underrepresented co-founders.

Support Model:

  • Accelerator: 12-month program with mentorship, grant-writing assistance, and corporate partnerships.
  • Ecosystem Access: Workspaces in London, Manchester, Glasgow, and Cambridge, plus connections to Barclays Sustainable Impact Capital.

By combining tax-efficient funding with hands-on venture building, Sustainable Ventures helps startups tackling energy, mobility, agritech, and circular economy challenges move forward faster.

Recent Developments:

  • Sustainability Impact Funds: New EIS/SEIS funds (launched March 2025) targeting startups aligned with the FCA's Sustainability Impact label.
  • Geographic Expansion: Increased focus on Scottish and Northern English ecosystems through hubs in Glasgow and Manchester.

Impact

Sustainable Ventures has established itself as a cornerstone of Europe's climate tech ecosystem. They've supported over 700 startups directly and 5,000+ organisations in their wider network, with portfolio companies raising £1.1 billion in equity funds to date, according to their 2023/24 Impact Report.

Their startups have created 6,000+ jobs, focusing on core sustainability areas like energy, mobility, and circular economy. The accelerator model puts a strong emphasis on diversity, achieving a 95% diversity index (proportional to UK demographics). They've backed 65% of portfolio companies with female or underrepresented co-founders—far exceeding industry averages.

Key successes include 3 exits exceeding £150m enterprise value and standout companies like Rovco (41x valuation growth) and Concrete4Change, which aims to mitigate 2 million tonnes of CO₂ by 2040.

Partnerships with Barclays and others—including a £3 million investment to expand Manchester and Glasgow hubs—amplify regional impact, targeting 2,000+ startups by 2025. Their 12-month accelerator program delivers 84% portfolio survival rates, with startups securing £150m+ in follow-on funding, highlighting Sustainable Ventures' role in scaling climate solutions at pace.

Community

Sustainable Ventures has built Europe's largest climate tech ecosystem, bringing together over 800 startups across vibrant workspaces in London, Manchester, Glasgow, and Cambridge. These hubs, such as London's County Hall with 145+ startups, serve as dynamic innovation centres where entrepreneurs benefit from 650+ annual events.

These collaborative spaces foster knowledge exchange and partnerships across sectors like energy, mobility, agritech, and circular economy. Portfolio companies get tailored 1:1 mentorship from climate tech experts, covering everything from product development to IP protection and grant applications.

The Fellows programme adds another layer of support by connecting startups with seasoned business leaders for strategic guidance and governance advice.

Alongside this community support, they run a comprehensive 12-month accelerator program providing £150k–£350k in SEIS/EIS-compliant funding plus hands-on growth support. This includes help with R&D credits, grant writing, and investor introductions.

Startups also benefit from partnerships with major corporations like Barclays Climate Ventures, Schneider Electric, and Google Cloud, which offer AI tools and technical expertise to scale innovations. This integrated approach has driven an impressive 85% portfolio survival rate, helping startups get to market faster and maximise their climate impact.

FAQs

  1. What is Sustainable Ventures?
    Sustainable Ventures is Europe's leading climate tech ecosystem, supporting over 800 startups through investment, workspaces, and tailored venture support to accelerate their journey from idea to market scale.
  2. What types of startups does Sustainable Ventures invest in?
    They invest in UK-based pre-seed and seed-stage climate tech startups focused on sectors like energy, mobility, agritech, building tech, and the circular economy, with a strong emphasis on measurable climate impact.
  3. What is the typical investment size and stage?
    Investments typically range from £150k to £350k, targeting startups with an MVP or prototype and early customer traction, usually raising pre-seed rounds under £800k.
  4. What support does Sustainable Ventures provide besides funding?
    Portfolio companies receive 12-month accelerator programs with 1:1 mentorship, workspace access in hubs like London and Manchester, grant-writing assistance, business development support, and connections to corporates and investors. They offer tailored advice, expertise, and direct support to help startups transition from concept to market, maximising their potential for impact and growth.
  5. Where are Sustainable Ventures' workspaces located?
    They have collaborative co-working spaces in London (County Hall), Manchester, Glasgow, and Cambridge, fostering a vibrant community of climate tech innovators.
  6. How does Sustainable Ventures help startups with funding beyond their initial investment?
    They assist portfolio companies in securing follow-on funding, including introductions to investors and support with grant applications, helping startups raise over £1.1 billion in equity to date.
  7. What is the Sustainable Accelerator program?
    It is a 12-month hands-on accelerator combining equity investment with tailored support, including strategic guidance, mentorship, market research, and access to a broad climate tech network.
  8. What kind of companies qualify for Sustainable Ventures' investment?
    Startups must have a clear climate change mitigation technology, SEIS/EIS eligibility, a strong founding team (at least two founders), defensible IP, and evidence of market traction.
  9. How does Sustainable Ventures foster diversity and inclusion?
    They have invested in 65% of startups with female or underrepresented co-founders, significantly exceeding industry averages, and actively support first-time founders and hardware startups.
  10. How can startups apply for investment or support?
    Interested startups should submit a pitch deck through the Sustainable Ventures website and demonstrate alignment with their investment criteria and commitment to the accelerator program.
  11. How successful are Sustainable Ventures' portfolio companies?
    Their portfolio has an 87% survival rate, with companies securing over £160 million in follow-on funding and achieving significant valuation growth - for example, Rovco achieved 41x growth and Airex 14x growth.

Contact

Discover how Sustainable Ventures can support your climate tech journey by visiting: Sustainable Ventures Website.

Stay informed about the latest developments and opportunities by following Sustainable Ventures on LinkedIn: Sustainable Ventures LinkedIn.

Explore more UK opportunities for greentech investment at Adopter’s Greentech Investors Map.

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