Utonomy’s technology minimises gas leakage by optimising pressure on the network. The benefits of this are reduced greenhouse gas emissions, improved safety, and efficient long-term asset management.
The leakage of methane from gas distribution networks is a massive global problem with over 300 bn MWh of this potent greenhouse gas lost from networks around the world each year. This is estimated to cost consumers more than £5 bn per annum. More importantly, leakage of methane has a serious impact on the environment, releasing the equivalent of 1.7 bn tonnes per annum of CO2 into the atmosphere – more than four times the total emissions of the UK.
The Fund made its first investment into Utonomy in September 2017 for £500,000 and an additional investment in August 2018 for £735,000.
Actuator hardware development and control system development.
Cambridge GaN Devices has been created to explore and develop a number of unique opportunities in power electronics.
Flood forecasting and warning mapping systems enable users to protect assets and minimise damage.
