E-Synergy builds clean tech team

Early-stage tech investor E-Synergy has hired Sam Richardson as investment director of its £30m Sustainable Technology Fund. In the role Richardson will be responsible for identifying and investing in UK entrepreneurs and companies seeking funding of up to £2m to develop and commercialise pioneering clean and efficient industrial processes.

The Sustainable Technology Fund, launched earlier this year, is a £30m fund backed by a mix of institutional and private investors. The fund made its first investment earlier this year in green refrigeration specialist Earthcare Products and expects to make more announcements in the coming months.