Susannah McClintock (Clean Growth Fund)

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Overview

Susannah McClintock is a prominent figure in the UK clean tech investment sphere, primarily known for her role as an Investment Partner at the Clean Growth Fund. The Clean Growth Fund is a pioneering venture capital firm focused on investing in clean and green technologies to address climate challenges. McClintock has over 25 years of experience in environmental investing, having held significant roles at Sustainable Ventures, Carbon Trust Enterprises, and other organizations. Her contributions to clean tech investment have positioned her as an influential voice in the venture capital industry, particularly in the areas of climate change and resource efficiency.

Recent Developments

  • June 2024: The Clean Growth Fund, with Susannah McClintock as an integral investment partner, led a £6 million funding round in Rendesco, a clean heat network developer. This investment aims to replace gas grids with low-carbon heat solutions in the UK and the EU, demonstrating McClintock's dedication to decarbonizing energy systems and reducing carbon emissions at scale. The initiative aligns with the UK’s Future Homes Standard, which mandates the discontinuation of gas boilers in new homes from 2025.
  • August 2023: Under McClintock's leadership, the Clean Growth Fund led a £3.6 million funding round for Kamma, a data analytics company aimed at achieving net zero in the UK property sector. This investment underscored McClintock's focus on utilizing technology to advance climate goals and enhance energy efficiency in the built environment.
  • August 2025: The Clean Growth Fund announced the first close of its second fund, raising £49 million with an aim to secure £150 million for accelerating clean tech innovations. This strategic move reflects McClintock's ongoing efforts to fuel venture capital towards transformative energy solutions and support early-stage UK companies in sectors like power, transport, and industry.

Personal Information

AttributeInformation
Full NameSusannah McClintock
NationalityBritish
OccupationInvestment Partner
Known ForEnvironmental Investing, Clean Growth Fund
EducationUniversity of Exeter
Languages SpokenEnglish, Spanish

Early Life and Education

Susannah McClintock grew up in an environment that valued sustainability and innovation, which influenced her career path significantly. She pursued higher education at the University of Exeter, where she cultivated her interest in environmental sciences and investment. During her academic years, McClintock developed a keen understanding of the intersection between finance and sustainable development, leading her to explore opportunities in the burgeoning field of clean technology investment. Her exposure to various environmental challenges during her formative years fueled her passion for creating sustainable business models that address climate change.

Career and Notable Achievements

McClintock's career is marked by her staunch commitment to environmental sustainability through strategic investments in clean technologies.

  • Worked at Sustainable Ventures: Led initiatives in cleantech finance and early-stage venture development.
  • Held a significant role at Carbon Trust Enterprises: Spearheaded the creation of a low carbon property fund.
  • Co-founded fivethirteen, a non-profit organization focused on increasing investment flows to female entrepreneurs in cleantech.
  • As an Investment Partner at Clean Growth Fund, McClintock has been instrumental in deploying capital into innovative technologies that reduce greenhouse gas emissions and improve resource efficiency. Her leadership has helped the fund invest in 19 UK companies that are at the forefront of climate action.

Current Work and Impact

Currently, Susannah McClintock continues to be a driving force at the Clean Growth Fund, steering investments towards companies that develop breakthrough clean technologies. Her work significantly impacts the UK's clean tech landscape by supporting innovations that push the boundaries of what is possible in renewable energy and resource efficiency. The fund's focus aligns with national and global efforts to transition towards a low-carbon future, thereby cementing McClintock’s legacy in fostering sustainable development.

Clean Growth Investment Management LLP

Clean Growth Investment Management LLP, the entity managing the Clean Growth Fund, plays a pivotal role in the UK's venture capital landscape, driving investments in early-stage clean tech companies. Founded in 2020, it is committed to high-impact sectors, contributing to the UK’s ambitions of becoming a net-zero economy by 2050. The company’s strategic investments aim to cultivate the next generation of green technologies, propelling substantial environmental and economic benefits across the country.

Carbon Limiting Technologies

Carbon Limiting Technologies is a sister company to the Clean Growth Fund, working closely to enhance the market presence of portfolio companies once investments are made. With extensive experience helping hundreds of cleantech entrepreneurs, it offers crucial support to foster growth and commercialization of innovative clean technologies.

Conclusion

Susannah McClintock's contributions to clean tech investment have been substantial and transformative. Her leadership at the Clean Growth Fund continues to drive significant advancements in technology and sustainability, making a notable impact on the UK's progress towards a greener economy. Through strategic investments and partnerships, McClintock is not only addressing immediate environmental challenges but also paving the way for long-term sustainable development. Her work exemplifies the crucial role that investment professionals can play in shaping a sustainable future, potentially influencing global standards in venture capital approaches to climate innovation.

References

  1. Clean Growth Fund Website
  2. Business Cloud - UK PropTech
  3. Business Cloud - ClimateTech VC
  4. UK Business Angels Association
  5. Crunchbase - Susannah McClintock
  6. Rendesco Funding Announcement With her ongoing efforts and significant influence in clean technology investments, Susannah McClintock remains a pivotal figure in the push towards a sustainable, low-carbon future.