Discover Startup Events Near Me 

From Innocent founders to US VCs — here’s who could lose millions in the Bulb collapse

But the soaring price of natural gas left Bulb selling energy for less than it was buying it. The last valuation of Bulb, in October, gave their stakes a paper worth of £100m each. It held a 3.8% stake in Bulb, worth £15m. In 2017, JamJar Investments, the investment fund set up by the founders of Innocent Drinks, put £3.9m into Bulb. Sutterby has made several investments into renewable energy companies, including Field, a British company working on energy storage, and renewable energy provider Goto Energy, which was another casualty of the energy crisis, ceasing trading in October.

Startup Around is now on Telegram and Whatsapp. For the best startup stories & resources, subscribe us on Telegram & Whatsapp.
Ad