December marked the closing of our fourth investment, funding Good Clubs, who are revolutionising hyperlocal community purchasing. The company, which trades as Food Clubs, is run by entrepreneur Ben Patten, co-founder of Farmdrop. We joined impact VC Mustard Seed as co-investors into this round, and are looking forward to working closely with Food Clubs in the coming year.
Accounting for 2.2% of total vehicle registrations, compared to diesel sales dropping by 30% at the same time. Pure electric car (EV) registrations of 672 units increased more than 70% compared to October 2016, while plug-in hybrid increased by 47%. Combined plug-in vehicle registrations increased 51% in October compared to 2016’s figures.
Powervault have launched their fourth crowdcube crowdfunding round, with the aim of accelerating their market growth as the business reaches an exciting tipping point for mass market deployment.