28 Mar 2023 /

Luminii are delighted to have provided Commercial Due Diligence (CDD) support to Maven on their investment in climate tech software specialist Manufacture 2030.

Manufacture 2030 (M2030) is an Oxford based technology company, that works with some of the world’s largest businesses to reduce greenhouse gas emissions across the value chain.

M2030’s highly scalable SaaS platform and support services enable client businesses to achieve their carbon reduction goals by providing their suppliers with a suite of tools and best practice data to measure, manage and reduce their environmental impact. Its software allows suppliers to enhance their operational and resource efficiency, procure more sustainably and drive down costs, by identifying baseline waste, water and greenhouse gas emissions, and then implementing detailed reduction plans to achieve net zero targets.

M2030’s platform currently supports thousands of suppliers in over 70 countries and is used within more than 30 global supply chain programs, including those of Asda, Bayer, Ford, GSK, Reckitt, and Toyota.

The funding from the Maven VCTs and Amati VCTs will be used by M2030 to capitalise on opportunities in key global markets, including the pharmaceutical, retail, automotive and consumer packaged goods, while expanding into carefully selected new sectors. The investment will also be used to accelerate product development, adding new functionality to its innovative, proprietary software platform, and scaling its go-to-market capacity across North America and continental Europe.

The business occupies an attractive position in a rapidly growing market that has strong underlying drivers, as global corporations and organisations seek to achieve net zero targets set by government and intranational institutions. A robust and implementable climate action plan is increasingly becoming a prerequisite for suppliers to be selected by their customers. M2030 makes it easier for suppliers to achieve this.

"Luminii are delighted to have supported Maven on this transaction. This is yet another deal that helps to further strengthen our credentials in the Technology and ESG sectors, having worked on several deals in this space recently. We wish Maven's and Manufacture 2030's management team continued success for the future." - Lushani Kodituwakku, Managing Director, Luminii Consulting

  • To date, Lushani and her team have supported me and Foresight on over 20 deals. They have consistently delivered high quality CDD reports, always against tight deadlines and to above expectation. They offer good value for money. Luminii are quick to understand our needs, offer sound advice and support on complex topics. Their ability to tailor the scope to our needs, focus on the core issues of each project and not being afraid to give their opinion backed by sound research and analysis is a great benefit to us. I would recommend their services without hesitation.

    Private equity investment firm with circa £4 billion of assets under management

  • We were impressed with Luminii. They delivered what they promised; the information was useful and actionable, which is what we were looking for. In addition, they were responsive and timely, and the team liked the way Luminii worked. Would we recommend them if someone called us? We definitely would, with an enthusiastic recommendation.

    Board of Directors of a global SaaS Company, UK

  • Luminii Consulting proved themselves to be a highly flexible and dedicated team who delivered a high quality CDD report in a complex tech sector. They were able to cover a wide scope across multiple geographies to a strict deadline and provided us with the required insight and strategic advice to make an informed decision. We appreciated their effort and enjoyed working with the Luminii team.

    Private equity and venture capital with £9.1bn worth of funds under management

  • Lushani and her team at Luminii delivered a high quality CDD report that exceeded our expectations. We were particularly pleased with the post deal recommendations and informed opinions contained within the report. We wouldn't hesitate to use Luminii's services again on future projects.

    Leading mid- market private equity firm

  • We engaged Luminii Consulting for a very targeted piece of commercial diligence in a very short timeframe. Luminii produced an outstanding report exactly on scope in what is a niche market segment. Moreover they managed to produce it in a very short period of time which was essential to getting the deal done.

    Leading independent investment manager with funds of over £1 billion under management

  • We enjoyed a strong working relationship with Luminii Consulting. Their work went above and beyond the scope of the CDD and offered strategic insight and advice that has since helped us with both our post-deal strategy and business development.

    Leading SaaS provider of Identity & Access Management (IAM) software, IDaaS and Identity API

  • Luminii supported the recent MBO with Foresight Group and Signature Property Finance (SPF), providing strategic insight which has enabled the management team to transform their route to market. The CDD report gives SPF valuable intelligence into the competition; market trends; customer feedback and the opportunities that are within the marketplace. The report has been useful to segment data, share customer feedback with the wider SPF team, enabling them to attack the competition and continue to deliver a quality service to brokers/direct clients. Overall, a really insightful report that gives the Management team really useful intelligence.

    Finance lender providing short term property finance