The GTLC, set up in 2021 by Bloomberg and Imperial College London (ICL) provides pro bono legal support to for-profit climate-positive or more broadly environment/sustainability-focused start-ups that are connected to ICL.
Over the last year, lawyers across our PEFS, Dispute Resolution, Employment, Real Estate, Operational Risk, Tax and TCT departments have supported eight different early-stage start-ups that are bringing innovative new ideas to address climate change to market.
- Pyri is an early wildfire detection system designed for remote and vulnerable communities. It utilizes nature-derived materials to create a low-cost, bio-based device that detects nascent wildfires and alerts nearby communities.
- BlueNose Technologies designs retrofit structures implemented on the front deck of containerships in order to reduce the air drag. This in return enables fuel consumption reduction of 3-5%. If BlueNose Technologies' solution was implemented on the entire containership fleet, it would save 8 million tons of CO2 annually.
- Treeva provides efficient, recyclable wind turbines, which rotate due to the turbulent airflow of passing transport. The turbines have a unique blade design leading to twice the energy efficiencies of alternative competitors.
- Evotrack Ltd develops advanced software solutions to predict Electric Vehicle (EV) charging usage, which can lower the carbon, energy and financial footprint of the EV charging infrastructure.
- Cresco Biotech uses cultured bacteria to bind industrial waste and fibrous materials in order to create cementitious composites through a process which is much more carbon-friendly than the process used to create regular cement.
- Team Repair teaches children how to fix broken electronics, building STEM skills and supporting a circular economy. They run kits and workshops where kids disassemble, repair, and rebuild gadgets.
- Vox Aeris is transforming air filtration technology by leveraging advanced acoustics and aerodynamics to create more efficient and sustainable systems.
- Ponda is creating new textile to be used in puffer jackets. The fibre is farmed on wetlands, which Ponda is regenerating while growing this fibre - bringing back to life / 'rewetting' wetlands.
