Tilix uses retained earnings to support nascent, potentially game changing ideas in smart energy.
Impact investing is proving to be a great way for Tilix to engage in the low carbon economy. It is also a small but important contribution to winning the fossil fuel end game.
This approach is being scaled across a number of dimensions. For example, Tilix is at the heart of a circle of like minded angels who share research and pool resources.
Tilix delivers capital and expertise to business start-outs in the smart energy category. This is usually in exchange for convertible debt or ownership equity. We have an open to opportunities that come to us through online platforms like LinkedIn, f6s.com and angel.co.
We are advising and investing in Uniti, Enian, Homebox and others. The CEOs of these firms value the cash, advice, knowledge transfer and connections Tilix provides.
Tilix undertakes assignments for the public good. This is professional work undertaken voluntarily and without payment. Unlike traditional volunteerism, it brings specific Tilix skills and expertise to those who are unable to afford them. In particular, Tilix looks to work with social enterprises and community groups that are doing innovative work in smart and digital energy.
Tilix works with various partners (e.g. Sustainable Direction, NovAzure) on impactful joint ventures. Here we share ownership, returns, risks, and governance. This is helping Tilix access new markets; gain scale efficiencies and lever capabilities that are not a core strength.
Tilix offers are fixed-term support including mentorship and educational components for start-outs that are ready to build serious momentum. Tilix knowledge, technology, labour and capital can help build teams, increase velocity and give direction.
Tilix has close relationships with incubators and accelerators across Europe. As catalysts for both regional and national economic development, these organisations play a key role in helping to solve the energy trilemma.
Mature organisations in the smart & clean energy category regularly offer bonds and shares. For example Ecotricity, Good Energy and Bristol Energy Coop. Tilix and associates have a rigorous process for managing this asset class and are helping organisations in this space develop new propositions.
Early stage businesses are raising finance on platforms like Kickstarter, Crowdcube and Seedrs. Tilix watches these platforms like a hawk and is continually evaluating opportunities.
We are particularly proud of the role Tilix played in helping Uniti EV raise circa €5M through three rounds.
Small scale social enterprises can leverage Tilix capital to help deliver their mission. We have a strong preference for helping organisations which address fuel poverty and air quality. These deals are typically in the form of a loan or sponsorship.