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Thrive is set up by Funding London, a venture capital company bridging the finance gap for early stage businesses based in London. With over a decade’s experience in supporting the startups of London through a variety of funding vehicles, Funding London sensed a need to illuminate the ever-evolving scenario of London’s early stage businesses.

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Investment · 1 June '21

5 Environmental Technology start-ups to watch

World Environment Day,  a global awareness day celebrated on the 5th of June every year, is all about inspiring more people to take action to restore the planet and the environment. While the damage that has already been caused to the ecosystem is irreversible, numerous governments, organisations, businesses and individuals are doing their bit to help restore the planet. There are also a growing number of start-ups who understand the importance of reversing the damage caused by things such as CO2 pollution. Here are a few fast-growing Environmental Technology startups that need to be on your radar.

Qualis Flow
Qualis Flow is an environmental management platform that tracks, monitors, and predicts environmental risks in construction projects. This platform enables a positive shift in the way waste and material data is collected and used across projects.
Founder/s: Brittany Harris and Jade Cohen
Founded: 2018
Funding: In mid-2019 Qualis Flow received €800k in seed funding. The investment round was led by Pi Labs with participation from Entrepreneur First, MMC Ventures and Rising Tide Europe.

Growth plans/goals: Qualis Flow aims to significantly cut the local and global environmental impact construction work causes. Qualis Flow have will using this funding to further their platform and expand their team.


Recycleye has built a computer vision system, which is capable of detecting and classifying all items in waste streams – broken down by material, object and even brand.
Founder/s: Victor Dewulf
Founded year: 2019
Funding: A total of £1.2M from MMC Ventures and Playfair Capital. Recycleye have also received grants from Innovate UK and the EU
Growth plans/goals: Recycleye will be using the funds to expand their computer vision system. This start-up plans on creating the world’s first 100% automated and deployable material recovery facility.


Go Sharing
GO Sharing offers shared electric vehicles. They connect cities for everyone in a sustainable, smart and fun way.
Founder/s: Raymon Pouwels
Founded year: 2018
Funding: In Go sharing’s first round of funding they received roughly $12 million from Rabo Corporate Investments. In April 2021 the company attracted in a further €50 million in funding.



Safe, Scalable and Permanent Carbon Sequestration

Founder/s: Steve Willis and Jerry Joynson
Founded year: 2020
Funding: Cquestr8 were the 2020 winners of the Climate-KIC’s
ClimateLaunchpad “Next Big Thing” prize just bagged $300k in seed funding.
Growth plans/goals: The funds will be deployed toward proof of concept development, ahead of customer engagement in 2022.

Female-founded circular bio-economy startup offering a holistically sustainable alternative to conventional (bio)plastics – designed to degrade
Founder/s: Johanna Baare and Anne Lamp
Founded year: 2020
Growth plans/goals: Through their innovative, patent pending technology Traceless is turning industrial residues into novel materials: traceless film, tracelss plast and traceless coat.