HMT advises on Maven VCT’s £5m Oxford-based climate tech investment

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Tom Kilkelly

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Henley-based HMT LLP advised Mavent VCT on their contribution to a £5 million investment in Manufacture 2030 (M2030), an Oxford based climate technology company.

M2030 is a company that assists its client businesses in achieving their carbon reduction goals through use of its SaaS platform and support services. The company provides tools and practice data identifying baseline waste, water, and greenhouse gas emissions, and then implementing detailed reduction plans to assist businesses in achieving net zero targets. M2030’s current list of clients includes: Asda, Bayer, Ford, GSK, Reckitt and Toyota.

The funding, from both Maven VCTs and Amati VCTs, will be used by M2030 to capitalise on opportunities in global market such as: the pharmaceutical market, retail market, automotive market, and consumer packaged goods market. The company also plans on expanding into new sectors.

HMT's team, led by Paul Read, Corin Briault-Hutter, and Luc Couyava, undertook financial due diligence on this transaction.

Investment Director at Maven Luke Matthews said: “The HMT Team did a great job in supporting Maven on our involvement in this recent investment in M2030. The team provided invaluable and comprehensive advice throughout the process, and we look forward to working with HMT again on future transactions.”

Tom Kilkelly

Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022. During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan). His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.