Cleantech Group reposted this
Happy Wednesday! Had a quick holiday break, but I'm back and ready to dive into last week's climatetech activity (19/08 - 25/08) - Check out i3connect.com for more details Cleantech Group's research. Ecosystem Highlights & News: The Canada Growth Fund (CGF), Caisse de dépôt et placement du Québec (CDPQ), Investissement Québec, and BDC Capital (Canada) poured $145M into MKB's fund for growth-stage businesses commercializing proven emission reduction technologies. Hydrogen Valley Estonia and Chungnam Regional Innovation Cluster in South Korea signed an MOU to stimulate their local and global hydrogen markets. The partnership includes Stargate Hydrogen. Applications for 'Energy | Climate Focus' program by Beamline Accelerator, Baltic Innovation Agency and Tartu Teaduspark are open - More Info: https://lnkd.in/dY-3YJdy Sustainable Ventures have set-up shop in Cambridge, co-locating at Barclays Eagle Labs' offices. U.S. Department of Energy (DOE) announced $9.9M for 7 projects establishing a low-carbon supply chain for nickle. BEVC, a newcomer founded in 2023, is raising a $25M climate tech fund according to an SEC filing. Deals: 🌿 Agriculture & Food Mycelium-startup Adamo Foods (UK) raised £2M in seed funding to commercialize and scale its whole-cut products. UK Innovation & Science Seed Fund, Innovate UK, Katapult and more participated. ⚡ Energy & Power Advanced electrolysis startup Power to Hydrogen (US), announced $18M in Series A funding to deploy the world's largest installation to date of an AEM electrolyzer stack, at the Port of Antwerp-Bruges. The round was led by Rev1 Ventures and Worthington Enterprises, with participation from EDP Ventures, E.ON and others. ⚗ Materials & Chemicals Cement technology startup Fortera (US), secured $85M in Series C funding to accelerate the deployment of its cement conversion technology which captures CO2 emissions from traditional cement production and coverts them into low-carbon cement. The round included Khosla Ventures, Wollemi Capital, Alumni Ventures and more. 🌍 Resources & Environmental Management Optiml (CH), a real estate ESG-compliance platform raised $4M in pre-seed funding from BitStone Capital and KOMPAS VC. The ETH Zürich spin-out will use the funds to scale and expand its team. 🚢 Transport & Logistics Gaussion (UK), a startup developing ultrafast battery charging, secured a $12M Series A round by Autotech Ventures alongside BGF and UCL Technology Fund, to accelerate production for its lithium-ion battery charging solution. ♻ Waste & Recycling Reusable shipping startup Boomerang (GE) announced €3M in seed funding following its €1.1M round in 2023. The capital from undisclosed investors will go towards expanding its team and product development efforts. #startups #cleantech #netzero #greenhydrogen #climatetech #greeneconomy #wastemanagement #Investments #climateecosystem #carbonoffsets #recycledmaterials Image Source: Stargate Hydorgen
Thanks for the shoutout, Sasha B. 💚 We're waiting for startups in the fields of energy, construction and climate resilience to apply to our accelerator program: https://www.beamline.fund/energy