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BGF leads £17.3m round in UK transport refrigeration startup Sunswap

August 27, 2024
Real Deals

UK and Ireland growth capital investor BGF has spearheaded a £17.3 million investment round in Sunswap, a UK-based transport refrigeration startup. This funding round aims to bolster Sunswap's innovative solutions in the transport refrigeration sector, which is crucial for maintaining the cold chain in logistics.

Sunswap focuses on developing sustainable refrigeration systems for the transport industry, which is increasingly under pressure to reduce its carbon footprint. The investment from BGF is expected to accelerate Sunswap's growth and technological advancements, enabling the startup to expand its market presence and enhance its product offerings.

BGF, known for its growth capital investments, sees significant potential in Sunswap's approach to revolutionizing transport refrigeration. This investment aligns with BGF's strategy of supporting innovative companies that address critical industry challenges and contribute to environmental sustainability.

For more details on this investment and other private equity news, visit Real Deals.

Tags
Companies
BGF (Business Growth Fund)
Industry
Transportation
Refrigeration & Cooling Systems
Venture Capital & Private Equity
Type
fundraising
Strategy
growth
Geography
UK
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