Friday, June 17, 2022


Sky backs £100mn climate investment fund

Daniel Thomas in London
Sun, June 12, 2022, 

British media group Sky will back a £100mn investment fund set up by Brent Hoberman’s Founders Factory to support start-ups focused on climate-related technology. The new fund will be chaired by Sir Ian Cheshire, former Kingfisher boss and chair of Channel 4, and will bring together a board including climate scientists such as Professor Richard Templer and Professor Cameron Hepburn to help with its investment strategy. The group will raise £100mn to back early-stage climate start-ups but will be launched with an existing portfolio of stakes in about 25 start-ups that have been backed in the past by a previous Sky venture fund.

https://en.wikipedia.org/wiki/Sky_UK

It is a subsidiary of Sky Group and from 2018 onwards – part of Comcast. It is the UK's largest pay-TV broadcaster with 12.7 million customers as of end of 2019 ...

https://www.theguardian.com/media/2018/sep/26/rupert-murdochs-sky-reign-to-end-as-fox-sells-all-shares-to-comcast

Sep 26, 2018 ... Rupert Murdoch's three-decade reign at Sky TV is to end after his company 21st Century Fox announced it would sell all of its shares in the ...










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