ENSO is developing a new generation of cleaner, sustainable tyres and plans to disrupt the £200 billion global tyre market. It argues that conventional tyres are largely made of fossil fuels and contribute up to 28%+ of all primary ocean microplastics upon wearing down. It further points out that the increased weight and torque of electric vehicles wears tyres even faster, emitting more pollution. ENSO is addressing this crisis by developing sustainable tyres for EVs, to help reduce carbon emissions in line with the UK Government’s 'Net-Zero Strategy'. Its business is built on a direct-to-customer ‘Pay-per-Mile’ model serving EV-carmakers, fleets and private individuals directly. It claims that its latest energy-efficient tyres have achieved ‘A’ energy efficiency ratings by TÜV SÜD in Germany. The company will use the investment to deliver its first commercial tyres to EV-carmakers in 2021, and launch trials via London FreightLab, with Transport for London and DPD, with plans to expand to California by 2022.
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Convertible
pre-money valuation
8.57%
equity available
1,099
investors
£1,705
pledge per investor
10035010
company number
Active
company status
01/03/2016
incorporated 8 years
£10.00
share price
Previous Funding rounds
19 Apr 24 | Crowdcube | £1,873,760 / 107% |
Officers
Bradford Ellis WILLMORE
Appointed: 17-10-2023
News
Climate Prediction Center: ENSO Diagnostic Discussion - NOAA
11/04/2024 NOAA
ENSO and agriculture: exploring the risks for insurance portfolios - Swiss Re
26/02/2024 Swiss Re
Atmospheric modes fiddling the simulated ENSO impact on tropical cyclone genesis over the Northwest Pacific | npj ... - Nature.com
19/12/2023 Nature.com
Tropical Pacific Ocean now ENSO neutral - Beef Central
19/04/2024 Beef Central
ENSO & IOD Conditions in Eastern Africa Past Experiences & Potential Influence on 2024 Seasons [Presentation ... - ReliefWeb
08/04/2024 ReliefWeb
How is the El Niño-Southern Oscillation (ENSO) monitored? - International Environmental Technology
09/03/2024 International Environmental Technology
Spatiotemporal link between El Niño Southern Oscillation (ENSO), extreme heat, and thermal stress in the Asia–Pacific ... - Nature.com
28/03/2024 Nature.com
50 years of getting ENSO predictions *mostly* correct - noaa.gov
27/02/2024 noaa.gov
Future changes in the wintertime ENSO-NAO teleconnection under greenhouse warming | npj Climate and ... - Nature.com
28/03/2024 Nature.com
ENSO-driven abrupt phase shift in North Atlantic oscillation in early January | npj Climate and Atmospheric Science - Nature.com
07/07/2023 Nature.com