Sainsbury’s has committed to investing £1 billion towards becoming a net zero business by 2035. While 70% of this target can be achieved using existing solutions, a 30% gap remains where new technologies and solutions need to be identified, tested and deployed.
Sainsbury’s Innovation Investments – working with WAE – embraces the need for these ground-breaking net zero technologies.
Sainsbury’s Innovation Investments (S2I) will invest in early-stage companies who are developing new and disruptive technologies that can support Sainsbury’s net zero goals.
S2I will look to deploy at least £5m over four years with initial investments up to £500k with potential to expand further. It will lead or co-invest alongside other investors.
As part of the investment Sainsbury’s will trial the technologies within its operations with potential for wider estate roll-out.
Companies will also benefit from WAE’s investment experience receiving technology development, product, manufacturing and supply chain guidance, and introductions to WAE’s partners and co-investors.
- European headquartered companies or companies with a European base.
- Technologies that have the potential to be deployed across Sainsbury’s operations
- Post “proof of concept” stage
- Pre- or post-revenue
- Pre-seed, Seed or Series A stage
Energy efficiency, on-site renewable technology, energy storage, energy management, transition to EV.
Operational efficiency, alternative fuels, delivery solutions, transition to EV.
Heating & cooling
HVAC, clean transport refrigeration, low GWP refrigerants, small AC systems, zero emission fridges.
Water & Food waste
Waste reduction, recycling, water harvesting, sensors, demand prediction.
If you would like to discuss this funding opportunity, please fill out and submit the contact form below.