Tech Company Financing Transactions
ULEMCo Funding Round
ULEMCo closed a $6.4 million financing round on 5/15/2024. Investors included Mercia Ventures, Equity Gap and Northern Powerhouse Investment Fund.
Transaction Overview
Company Name
Announced On
5/15/2024
Transaction Type
Venture Equity
Amount
$6,350,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its conversion team and develop new products in hydrogen dual fuel, fuel cell and zero-carbon emission combustion.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Unit 7F Topham Drive Aintree Retail & Business Park
Liverpool, Merseyside, L9 5AL
UK
Liverpool, Merseyside, L9 5AL
UK
Phone
Website
Email Address
Overview
Liverpool-based ULEMCo was founded in 2014 to commercialise intellectual property, know-how and capability in hydrogen combustion and fuel cell technology for transport applications. The company converts vehicles, machines and equipment to enable them to run on zero-carbon hydrogen fuel. This gives fleet managers and equipment owners the immediate opportunity to reduce their greenhouse gas emissions significantly, without the need to radically transform their operations and asset utilisation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Robert Joyce
Co-Founder
Amanda Lyne
Browse more venture capital transactions:
Prev: 5/15/2024: Haven venture capital transaction
Next: 5/15/2024: Firmus venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are derived from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs