•   
  •   

UK News London's Satellite Vu bags £15m as it plots to decarbonise buildings

17:20  20 october  2021
17:20  20 october  2021 Source:   cityam.com

Nuno's future in danger as Levy and Spurs eye £15m move for boss with 67% win rate this term

  Nuno's future in danger as Levy and Spurs eye £15m move for boss with 67% win rate this term According to The Sunday Mirror (10/10; page 71), via The Boot Room, Nuno Espirito Santo’s spell at Tottenham is already in heavy danger, with Daniel Levy prepared to pay the £15m compensation package needed to hire Graham Potter. The Lowdown: Nuno under pressure Nuno was hired to replace Jose Mourinho as the next permanent Spurs […]Nuno was hired to replace Jose Mourinho as the next permanent Spurs manager in the summer, but things have not gone too well for him so far.

  London's Satellite Vu bags £15m as it plots to decarbonise buildings © Provided by City AM

London-based space tech scale-up Satellite Vu has raised £15m in Series A funding, as it readies plans to launch seven thermal and infrared imaging satellites into orbit.

The satellites will be able to provide real-time data on how green, or energy efficient, every building on the planet is – as the UK seeks to decarbonise its housing sector.

The funding rally, led by London-listed Seraphim Space Investment Trust, saw tech-only venture capital firm Draper Esprit also pile into the fundraiser, alongside Ford Family Trust’s Stellar Solutions.

Chief investment officer at Seraphim, James bruegger said: “Our significant increase in investment shows the enormous promise that high resolution infrared satellite data holds in solving serious issues impacting the world.

Latest Covid-19 case rates for UK local authority areas

  Latest Covid-19 case rates for UK local authority areas Nearly three-quarters of local areas are currently recording a week-on-week rise in rates.The figures, for the seven days to October 8, are based on the number of people who have tested positive for Covid-19 in either a lab-reported or rapid lateral flow test, by specimen date.

“With 40 per cent of all carbon emissions coming directly / indirectly from buildings, finding a way to pinpoint the worst energy wasting buildings at global scale is a pressing issue if the world is to achieve net zero.”

COP26

It follows a £3.6m seed funding round just six months ago, as Vu looks to muscle in on the UK’s blossoming space and satellite sector.

Vu plans to launch its first satellite in October next year, which will give landlords, funders, insurers and governments and regulators access real-time information, helping building stock become more energy efficient.

“With COP26 just around the corner and Europe and parts of the USA having suffered the hottest summer on record, there is growing acceptance that we need to act now to try to mitigate the impacts of climate change on our everyday lives and economy,” CEO Anthony Baker explained.

Latest Covid-19 case rates for UK local authority areas

  Latest Covid-19 case rates for UK local authority areas More than three-quarters (78%) of local areas are currently recording a rise in rates.The figures, for the seven days to October 9, are based on the number of people who have tested positive for Covid-19 in either a lab-reported or rapid lateral flow test, by specimen date.

“But while many think of industries such as aviation as some of the least sustainable, the built environment is actually one of the primary polluters across our globe.”

He added that regular individual monitoring of buildings is too expensive and time consuming, which means sustainable ratings are “often years out of date”.

“This latest round of funding means we can look ahead to the launch of our first satellite in late 2022 and start the process of securing delivery slots for the remaining six.”

The post London's Satellite Vu bags £15m in Series A as it plots to decarbonise the housing sector appeared first on CityAM.

Insulate Britain activists are FINALLY taken to court and 'face jail' .
National Highways has made nine applications to the High Court for contempt of court against Insulate Britain activists for breaching injunctions by 'dangerously' blocking the M25 during their protests. The court will need to decide whether members of the environmental campaign group breached orders that were made earlier this month.Protesters could face fines and even jail time if found to be in breach.It comes as Insulate Britain today warned that they will restart their road blockade protests next week, causing misery for families on half-term holidays.

usr: 1
This is interesting!