Eka’s Weekly Roundup (29 September 2023)
Issue 48 l Sustainable fashion
We’ve been busy at Eka this week and so are sending a slimmed down version of the newsletter - if you’re looking for some good weekend reading, we’d recommend the new Trove report on how re-sale marketplaces might not always be appropriate in fashion to have the largest environmental impact (spoiler alert: supply chains might be better than resale).
Week in Impact Articles ✍🏽
Monday: EU vs US Impact Investing Market
Tuesday: CMA clears £1.2bn data management takeover in NHS
Wednesday: Scottish onshore wind project halted as costs soar
Friday: Meta unveils AI glasses at conference
3 Key Charts 📊
1. Supply chain re-jigging can be more impactful than resale platforms
2. Rethinking about inflation & cost of living in the UK context
3. Retro on energy demand in 2022
Deal Capture 💰
Deals in the impact space across the UK and Europe
Ayro
Next gen sailing company Ayro raised $21m in a Series B. Led by Blue Ocean.
Continuum Industries
Energy infra tool Continuum Industries raised a $10m Series A.
Metergrid
Renewable energy startup Metergrid raised E3m. Led by 468 Capital.
Mintago
Employee wellbeing platform Mintago raised $5m.
Morphoses
Soft skills platform Morphoses raised a E2m pre-seed.
Novo
Proptech startup Novo raised a E1m seed.
Resourcify
Waste management system Resourcify raised E14m in a Series A. Led by Vorwerk Ventures.
Traceless Materials
Materials company Traceless Materials raised E36m.
TravelLocal
Sustainable travel agency TravelLocal raised E10m in a Series B.
Vamo
Heat pumps startup Vamo raised E3m in a seed round. Led by Neosfer.
Getting in Touch 👋.
If you’re looking for funding, you can get in touch here.
Don’t be shy, get in touch on LinkedIn or on our Website 🎉.
We are open to feedback: let us know what more you’d like to hear about 💪.