Jonathan Tudor has joined the Clean Growth Fund as Investment Partner. The Clean Growth venture capital fund was established earlier this year to invest in UK early stage, clean technology companies.
Jonathan joins the Clean Growth Fund from Centrica Innovations, where he has been Technology & Strategy Director for the past three years. In his career to date, he has specialised in corporate venture capital investment and new business creation, working primarily in the UK, Israel and the USA. He has held senior executive roles at BP Ventures, QinetiQ and CG Innovation Partners, and has held board roles at a number of privately held technology companies.
The Clean Growth Fund was launched in May 2020, with cornerstone investment from the UK Government’s Department of Business, Energy & Industrial Strategy (BEIS) and CCLA, one of the UK’s largest charity fund managers with £10 billion of assets under management. The Fund is targeting the UK’s most promising early-stage “clean growth” companies that are pioneering carbon emission reductions in the areas of power and energy, buildings, transport and waste.
The Fund’s remit is to drive superior financial returns for investors and accelerate the development and commercialisation of clean growth technologies in the UK – leading to the creation of new and skilled jobs across the country, and contributing to the UK’s efforts to deliver net zero by 2050.
Jonathan Tudor said:
It’s an exciting time to join the Clean Growth Fund. The Fund has sparked a huge response from clean-tech businesses from across the UK, as well as interest from institutional investors. The UK has a plethora of innovative clean-tech businesses; we have the difficult but enviable task of investing in the most promising companies that offer our current and future investors a good return, and deliver long-lasting benefits to UKplc.
Beverley Gower-Jones, the Managing Partner of the Clean Growth Fund said:
Jonathan’s VC experience on both sides of the Atlantic will be invaluable, as we invest in companies and secure new investment in the Fund. The work of the Clean Growth Fund is even more important as the UK emerges from Covid. A vibrant and dynamic clean-tech sector will deliver a stronger and more sustainable, low carbon economy.