Terrafend secures strategic investment from HICO and One Planet Capital

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Terrafend secures strategic investment from HICO and One Planet Capital

We are delighted to announce important strategic investment from HICO Investment Group and One Planet Capital, together with the support of Stakeholderz and Centennial Investment Management.  

HICO Investment Group  

HICO Investment Group, brings a wealth of highly relevant network and industry expertise in the maritime sector. The collaboration aims to leverage HICO's profound knowledge to unlock cost savings and environmental benefits for Terrafend's customers. HICO will actively participate in Terrafend's governance with a board appointment, reinforcing their long-term investment perspective. 

Chris Hartnoll and Mike Ramsay, from HICO, said of the investment "We are delighted to join forces with Terrafend and contribute to the transformative impact of their clean technology on the manufacturing industry." 

One Planet Capital 

Terrafend has also secured investment from One Planet Capital, a climate change-focused fund.  

CEO of Terrafend, Ben Reid, commented on the investment, stating, "We were really pleased to get a climate change-focused fund into this raise as it is testament to our environmental credentials and the impact we are having in these industrial environments." 

Matt Jellicoe from One Planet Capital on the release said, "We are delighted to support Terrafend in this raise. It is a truly environmentally impactful business with an impressive pipeline of global corporate customers." 

Investing in a cleaner future for manufacturing  

The collaboration with HICO Investment Group and One Planet Capital further solidifies Terrafend's position as an innovator in clean technology and commitment to a sustainable and cleaner future for manufacturing worldwide. 🌿 

About Terrafend 

Terrafend, a cleantech company, is unlocking the potential of a circular economy with sustainable solutions that manufacturers–and the planet–can rely on. We reinvent cleaning processes to enable businesses to reduce risk, waste and carbon footprints. 

Our patented cleaning methodology, Ambimization®, combines chemical and mechanical engineering to provide revolutionary, clean technology that removes hydrocarbon solvents, caustic solutions and heated chemicals from manufacturing processes. With Ambimization®, businesses can reduce their waste outputs by up to 94%, decrease VOCs by up to 99%, and eliminate solvents entirely.