About ULEMCo
ULEMCo is a Transportation, Automotive & Logistics company based in Liverpool (United Kingdom) founded in 2014 by Paul Turner. It operates as a low-emission hydrogen-fueled vehicles are manufactured by converting diesel commercial trucks. It operates in the Transportation, Automotive & Logistics and Environment sectors. ULEMCo has raised $7.84 million across 7 funding rounds from investors including Gov.uk, Mercia and Scottish Enterprise. The company has 12 employees. ULEMCo offers products and services including H2ICED® and Zero Emission Technology. Its focus areas include Environment Tech, Air Pollution Management Tech, Emission Management and Control. Its legal entity is ULEMCO LTD. Its competitors include pepper motion, ZEVx, KEYOU, Boson Motors and Tembo and 4 more; 5 of its 9 listed competitors have raised funding.
Company details
ULEMCo was founded in 2014 in Liverpool, United Kingdom, within the low-emission vehicle sector. Standard diesel commercial vehicles are converted into dual-fuel hydrogen-diesel models to reduce emissions. Hydrogen refuelling solutions are also developed and provided to support operations. The focus remains on practical adaptations for commercial fleets in the UK market.
- Headquarters Liverpool, United Kingdom
- Employees 12
- Founders Paul Turner
- SectorsTransportation, Automotive & LogisticsEnvironment
- Email••••••••
- Phone•••• ••••
- Website ulemco.com
- Social LinkedIn X Facebook
- Legal Name Ulemco Ltd
- Date of Incorporation 24 Apr, 2014
- Jurisdiction LIVERPOOL, MERSEYSIDE, ENGLAND
- Total Equity Funding$7.84M (USD)
in 7 rounds
- Latest Funding Round$2.37M (USD), Debt – Conventional
Nov 2025
- InvestorsGov.uk
& 5 more
- Employee Count12
Products & Services of ULEMCo
ULEMCo offers a comprehensive portfolio of products and services, including H2ICED® and Zero Emission Technology.
Converts vehicles to use hydrogen for emission reduction.
Develops hydrogen combustion and fuel cell options.
Funding Insights of ULEMCo
ULEMCo has successfully raised a total of $7.84M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.37 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $7.84M
- Total Rounds 7
- Last Round Debt – Conventional — $2.37M
- First Round $257,259
(Jul 2014)
- Investors Count 6
All 7 funding rounds of ULEMCo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2025 | $2.37M | Debt – Conventional | – | – | |
| May 2024 | $6.28M | Series A | – | Mercia | |
| May 2023 | $4.92M | Grant | – | – | |
| Aug 2021 | – | Grant | – | – | |
| Apr 2021 | $691,648 | Seed | – | Equity Gap, Scottish Enterprise | – |
| Nov 2015 | $609,096 | Seed | – | The North West Fund | – |
| Jul 2014 | $257,259 | Seed | – | The North West Fund | – |
6 investors in total: 6 institutional.
Investors in ULEMCo
ULEMCo has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Gov.uk, Mercia and Scottish Enterprise.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel investment funding is facilitated for early-stage Scottish businesses. | – | equitygap.co.uk | Edinburgh, Scotland | |
Venture debt firm | – | thenorthwestfund.co.uk | Warrington, United Kingdom | |
Investment management services are provided by Mercia to various clients. | 1982 | mercia.co.uk | - | |
Business development and leadership training programs are offered to companies. | 1991 | scottish-enterprise.com | Glasgow, United Kingdom | |
Online government services and information are provided to users. | 1707 | gov.uk | London, United Kingdom | |
- | – | ukri.org | - |
Investor details for ULEMCo
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People of ULEMCo
1 people are tracked at ULEMCo (1 in leadership); the tracked headcount is 12.
| Name | Role | Group |
|---|---|---|
Paul Turner | Co-Founder | Leadership |
Complete people profiles for ULEMCo
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Timeline of ULEMCo
3 dated milestones of ULEMCo across 11 years, from founding to its latest funding, stage changes and deals.
- Founded ULEMCo is founded.
- Funding First funding round of $257K.
- Funding Latest funding round, Debt – Conventional, of $2.4M.
Competitors of ULEMCo
ULEMCo has 9 listed competitors in our database, 5 of them funded. They include pepper motion, ZEVx, KEYOU, Boson Motors and Tembo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| peppermotion.com | 2019 | Denkendorf, Germany | – | 86 | Electric conversion kits for commercial vehicles are provided. | |
| zevx.com | 2017 | Gilbert, United States | $41.03M | – | Fleet electrification solutions for mid-duty vehicles are provided. | |
| keyou.de | 2015 | Munich, Germany | – | – | Hydrogen-powered conversion kits are developed for commercial vehicles. | |
| bosonmotors.com | 2017 | Fremont, United States | – | 98 | Smart electric commercial vehicles are manufactured by Boson Motors. | |
| temboelv.com | 2014 | Eindhoven, Netherlands | $10M | – | Tembo is recognized as a leader in electric utility vehicles. | |
| addvolt.com | 2014 | Porto, Portugal | – | – | Plug-and-play electrical systems for refrigerated trucks are offered. | |
| uesmfg.com | 2016 | Saint James, United States | $2.75M | – | Electric propulsion systems for fleet commercial vehicles are developed. | |
| cryomotive.com | 2020 | Grasbrunn, Germany | $7.93M | – | Provider of solutions for hydrogen storage and refueling | |
| revoy.com | 2020 | San Mateo, United States | $625,000 | – | Manufacturer of electric trucks |
Detailed competitors of ULEMCo
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Web traffic of ULEMCo
Websites that share an audience with ULEMCo (ulemco.com).
Websites whose visitors overlap most with ULEMCo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| armsreach.com | 100% | 22.8K | #1,225,814 | View details |
Top companies in Electric & Green Mobility
10 companies that operate in the same segment as ULEMCo (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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Related news about Ulemco
Complete news archive for ULEMCo
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Frequently Asked Questions about ULEMCo
ULEMCo was founded in 2014.
ULEMCo is headquartered in Liverpool, United Kingdom.
ULEMCo is a funded company, having raised a total of $7.84M across 7 funding rounds to date. The company's 1st funding round was a Seed of $257.26K, raised on Jul 2014.
ULEMCo has 12 employees.
ULEMCo was founded in 2014 in Liverpool, United Kingdom, within the low-emission vehicle sector. Standard diesel commercial vehicles are converted into dual-fuel hydrogen-diesel models to reduce emissions. Hydrogen refuelling solutions are also developed and provided to support operations. The focus remains on practical adaptations for commercial fleets in the UK market.
ULEMCo's top competitors include AddVolt, Tembo and Boson Motors.
ULEMCo offers H2ICED® and Zero Emission Technology.
ULEMCo has 6 investors. Key investors include Gov.uk, Mercia, Scottish Enterprise, Equity Gap, and The North West Fund.
ULEMCo operates through Ulemco Ltd.