Sustainable investment house OnePlanetCapital has targeted two new investments in GoThrift and Adaptavate, in its mission to support the next generation of startups making positive contributions to climate change.
After receiving clear interest from IFAs, the investments mark the latest companies the flagship OnePlanetCapital Climate Change EIS fund has deployed financing into. The fund only targets investments that will make a real impact on climate change as they scale.
GoThrift is a rapidly growing company that sells used and second hand clothing as the industry moves away from fast fashion and its environmental impact.
Adaptavate, meanwhile, produces a range of carbon negative products for the construction industry. In particular its Breathaboard product is a wallboard made of a bio-composite instead of gypsum, which makes them carbon negative.
