Manufacture 2030 Secures £5 Million for Sustainability Expansion
Manufacture 2030, a pioneering provider of software-as-a-service (SaaS) solutions, is based in Oxford, UK, and specializes in offering robust support services designed to help companies measure, manage, and significantly reduce their environmental impacts. Recently, the company successfully raised £5 million in a Series A funding round, an exciting development that will bolster its initiatives moving forward. The investment round was spearheaded by Maven VCTs, which contributed £3 million, while Amati AIM VCT added another £2 million to the mix. Such financial support underscores the growing recognition of the importance of environmental management and sustainability in today’s business landscape.
With the newly acquired funds, Manufacture 2030 aims to strategically expand its presence in key global markets, particularly those within the pharmaceutical, retail, automotive, and consumer packaged goods sectors.
Additionally, the company plans to venture into selected new industries which could benefit from its specialized services. Under the leadership of CEO Martin Chilcott, M2030 is focused not only on enhancing its product offerings but also on accelerating development to integrate new functionalities into its proprietary software platform. This expansion is crucial for meeting the evolving needs of customers and ensuring that businesses can effectively reduce their carbon footprints while simultaneously cutting costs and minimizing risks.
The innovative SaaS platform offered by Manufacture 2030 equips suppliers with the essential tools and data needed to accurately assess their environmental impacts, including metrics related to waste, water usage, and greenhouse gas emissions at the site level. By utilizing this information, suppliers can formulate and execute comprehensive reduction plans aimed at reaching science-based net-zero targets. Currently, the platform supports a vast network of suppliers across more than 70 countries, which are unified under the initiatives of over 30 global supply chain programs, including collaborations with prominent names such as Asda, Bayer, Ford, GSK, Reckitt, and Toyota. Such broad adoption highlights the critical role that Manufacture 2030 is playing in fostering sustainability within global supply chains.
They've invested in Manufacture 2030
Get to know these Greentech investors
Click here for a full list of 7,526+ startup investors in the UK