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Aramco expands global venture capital programme with $4 billion funds injection
It will take Aramco's overall venture capital allocation to $7.5bn, which also includes the $500 million venture capital fund Wa'ed Ventures that focuses on the start-up ecosystem in the Kingdom of Saudi Arabia.
Circu Li-ion receives €8.5m seed funding to automate sustainable battery recycling
Circu Li-ion has announced the closing of a €8.5m seed financing round.
Estonian startup Bisly raises €3.6m for energy-saving building automation in EU
Bisly has closed a €3.6 million round of fundraising.
Stockholm-based climate fintech Cloover secures €7m for renewable energy solutions
Cloover has closed an oversubscribed €7 million pre-seed investment round.
EIF and Swedish fintech Invoier boost European SMEs with €58m financing
EIF and Invoier have partnered to provide SMEs with better access to funding.
Finnish energy tech startup Capalo AI raises €500K to accelerate growth
Capalo AI has raised €500K funding to further develop its virtual power plant.
Bedrock Energy raises $8.5m to decarbonize commercial real estate with geothermal energy
Bedrock Energy has announced $8.5 million in seed capital.
Swedish fintech Brite Payments raises $60m to accelerate instant bank payments across Europe
Brite Payments has announced a $60m funding round.
Swedish tech lender Ark Kapital appoints Annika Falkengren to the Board
The Swedish Ark Kapital has appointed Annika Falkengren to its Board of Directors.
LinkedIn names renewable power producer BrightNight as top U.S. startup
BrightNight has been named as top U.S. startup by LinkedIn.
Swedish startup QA.tech raises $1m pre-seed round to revolutionize software testing
Swedish startup QA.tech has raised $1m in pre-seed funding round.
Openvolt raises €1.5m to enable the next generation of energy applications
Openvolt has raised a pre-seed round of €1.5m led by Cavalry Ventures.
Swedish startup Novatron Fusion secures €5m seed funding to propel fusion energy innovation
Novatron Fusion announced the successful closure of its seed round, raising €5m.
Dutch-based EIT InnoEnergy secures over €140m to accelerate growth of its portfolio companies
EIT InnoEnergy has successfully completed its private placement round of over €140m.
Mitsui Sumitomo Insurance Venture Capital joins Israeli startup nT-Tao's Series A funding round
Mitsui Sumitomo Insurance Venture Capital has joined nT-Tao's Series A funding round.
Nodal Power raises $13m to build renewable energy power plants at landfills
Nodal Power has raised a $13m to mitigate methane emissions at landfills.
Kamupak and &Repeat join forces to build a Nordic market in circular packaging systems
Finnish Kamupak is merging with Swedish competitor, impact tech startup &Repeat.
Swedish fintech Klarna records growth in key European markets
Klarna, the global payments network and shopping assistant, announced strong growth across Europe.
Apica acquires data fabric startup LOGIQ.AI, raises $10m to modernize data management
Apica announced its agreement to acquire data fabric startup LOGIQ.AI.
Heat battery maker Rondo Energy secures $60m to speed industrial decarbonization
Rondo Energy has raised $60 million in new financing.
From catwalks to urban planning: Milan's sustainable city transformation, Plug and Play
Milan is a city known for its vibrant fashion and cultural scene.
Swedish SaaS startup CodeScene raises €7.5m financing round to accelerate growth
Swedish SaaS startup CodeScene has successfully raised €7.5m financing round.
Berlin-based startup NeXtWind secures $750m to build sustainable energy market in Germany
NeXtWind has completed $750m second financing round.
Proptech AI startup Zenerate partners with SoLa Impact to automate affordable housing developments
Zenerate has partnered with SoLa Impact.
Treehouse secures $10m to bring EV chargers into homes
Treehouse, an electrification company that delivers turnkey installations for home EV charging, announced $10m in funding.
6 industries that chemical recycling is poised to disrupt, Plug and Play
Chemical recycling is a process in which waste materials are broken down into their original chemical compounds.
DBtune secures €2.4m seed funding to revolutionize AI-based database optimization
DBtune has successfully closed €2.4 million seed funding round led by 42Cap
ev.energy secures $33m funding to drive electric vehicle-grid integration in North America and Europe
ev.energy announced its $33m Series B raise.
Belgian fund manager Amavi Captial acquires Sweden’s SF Ventures, increases proptech portfolio
Belgium-based AMAVI Capital has announced expansion into the Nordic region.
NEU Battery Materials concludes $3.7m seed funding round
NEU Battery Materials, a Singapore-based lithium-ion battery recycling startup, has raised $3.7m seed funding round.
Italy’s Planckian closes €2.7m pre-seed round to develop quantum batteries
Planckian has raised over €2.7 million in pre-seed funding round led by Eureka! Venture.
Focused Energy startup raises $82m funding to advance laser-based nuclear fusion
Focused Energy raised $11m in Series A funding, bringing its total funding to $82m.
UK renewable energy startup tem. raises £2.5m to transform the broken energy market
tem., the UK-based renewable energy startup, has secured £2.5m funding round.
Plug and Play, Suncor partner to accelerate sustainable energy, digital transformation
Plug and Play has announced a new relationship with Suncor.
46VC invests in Exum Instruments' Series A funding round
FortySix Venture Capital (46VC), announced its strategic investment in Exum Instruments' Series A funding round.
Plenitude, Energica partner to provide innovative solutions for electric mobility
Plenitude (Eni) and Energica have partnered to develop new cutting-edge projects.
The 7 most sustainable cities creating the future of work after COVID-19, Plug and Play
The World Health Organization recently announced that COVID-19 is no longer a global emergency. However, the impact of the pandemic has left a lasting mark on all industries.
Swedish sodium-ion battery developer Altris secures €4.8m funding, appoints new CEO and CFO
Altris, the Swedish sodium-ion battery developer, has secured €4.8 million of bridge financing from its current owners and appointed Björn Mårlid as its new CEO and Christer Bergquist as new CFO.
Cleantech startup Emrgy secures $18 million to scale renewable energy projects within water infrastructure
Emrgy’s waterpower technology leverages existing underutilized waterways and infrastructure to deliver low-cost renewable power to energy off-takers.
Factor[e] Ventures launches a new venture studio to transform the African startup ecosystem
Delta40 focuses on technology-driven energy, agriculture, and mobility ventures led by diverse, experienced founders.
[Column] Shabir Ahmed: Practical approach, clear business case needed for sustainability success
A growing wealth of evidence shows that sustainability has become a mainstream business and societal issue. Leading companies are embracing sustainability not only to reduce harmful practices but also to accelerate business transformation.
Stockholm’s Summa Equity acquires majority stake in Logpoint to create European cybersecurity powerhouse
Summa Equity announced the acquisition of a majority stake in Logpoint, the creator of a reliable, innovative cybersecurity operations platform - empowering organization to thrive in a world of evolving digital threats.
Battery startup NanoGraf raises $65m Series B to scale North American production of silicon anode products
NanoGraf, an advanced battery materials company and enabler of the world’s most energy-dense lithium-ion 18650 cell, announced it has raised $65 million in an oversubscribed Series B funding round.
CampX by Volvo Group opens new Incubator track for startups to accelerate sustainable mobility innovations
More than 50 startups have developed their ideas at CampX, the global collaboration hub for innovations by Volvo Group.
Finance software startup Quartr signs API deal with Nordnet to enhance informed investment decisions
Finance software startup Quartr signed an API deal with Nordnet, the online broker in the Nordic region, reaching almost two million customers.
French hydrogen startup HySiLabs raises €13m Series A funding to accelerate growth
HySiLabs, the novel hydrogen transport and storage technology developer, announced €13 million Series A financing led by Equinor Ventures, and joined by the European Innovation Council Fund, EDP Ventures and PLD Automobile.
Deep-tech startup KrossLinker develops cost-effective aerogel insulation to accelerate energy efficiency adoption
KrossLinker, an energy-efficiency-focused deep-tech advanced material startup, is designing and developing the world's most insulating nanomaterial, aerogel, that is low-cost, environmentally friendly, and scalable.
Swedish AI startup Viking Analytics raises more than €3m Series A funding for global expansion
Viking Analytics, a Swedish startup developing AI-based machine health monitoring technology, announced the closing of its Series A round, co-led by Belgium-based Finindus and Sweden-based Industrifonden.
Battery recycling startup Redivivus receives funding from ENEOS Innovation Partners to accelerate growth
Redivivus, a lithium-ion battery recycling startup, announced an investment from ENEOS Innovation Partners, a corporate venture capital firm committed to delivering new energy, materials, and services.
Sustainable mobility startup eWAKA receives 500K CHF loan to accelerate growth
eWAKA, one of Africa’s most promising sustainable mobility startups, has received strategic support from the State Secretariat for Economic Affairs (SECO) Start-up Fund of the Swiss Confederation.
Swedish solar power startup SunRoof raises €13.5m growth round to expand across Europe and the US
Swedish solar power startup SunRoof announced it has raised €13.5 million growth round extension to bring its pioneering solar roof system to more homeowners worldwide.
Finance software startup Quartr partners with Lightyear to bring free and easy-to-access company information for investors across Europe
Finance software startup Quartr, signed an API deal with Lightyear, an online broker based in London, serving customers in 20 countries across Europe.
Beijing-based Astro-E closes seed round financing to accelerate growth
Astro-Energy Technology (Astro-E), a Chinese provider of household new energy products and systems, raised an undisclosed amount in Seed funding led by CAS Venture Capital, followed by Asia Green Fund (AGF) and Ningbo Angel Capital Guiding Fund.
Finance software startup Quartr signs deal with Swedish online broker Avanza
Finance software startup Quartr, announced it has passed a significant milestone on its mission to bring the financial community closer together by signing a breakthrough API deal with Sweden's online broker Avanza.
The Carbon Blockchain expands footprint in Africa with acquisition of Minerva Green
The Carbon Blockchain (TCB), a carbon finance and technology services company that produces high-integrity carbon credits has announced the acquisition of Minerva Green.
Indian AI-based asset and plant performance startup UptimeAI raises $3.5m funding to expand in the U.S.
UptimeAI, an AI-based digital transformation solution provider for the energy, chemicals, and heavy industries, has raised a total of $3.5 million funding led by Emergent Ventures.
Swedish automotive manufacturer Scania launches Scania Growth Capital II at €182.8m
Sweden-based automotive company Scania, announced it is launching a new €182.8 million investment vehicle, Scania Growth Capital II, following the success of its first venture capital fund, Scania Growth Capital I.
IBM announces five members selected for its Sustainability Accelerator programme
IBM has announced five global non-profits as new members of the Sustainability Accelerator programme. The programme is a global pro bono social impact program which seeks to help marginalized communities.
Milken Institute and Motsepe Foundation announce $2m prize competition in green energy
The Milken Institute and the Motsepe Foundation, launched the Milken-Motsepe Prize in Green Energy, a $2 million prize competition to reward entrepreneurs and innovators.
SE Ventures announces €500m Fund II to accelerate climate and industrial tech startups
SE Ventures announced a €500 million Fund II establishing the firm as one of the largest VCs focusing on climate and industrial technology.
Swedish startup Finch secures €2.5m funding to spearhead the shift from manual to generative workflows in the AEC industry
Swedish startup Finch announced it has secured €2.5 million funding to spearhead the shift from manual to generative and data-driven workflows in the architecture, engineering and construction (AEC) industry.
French battery startup Verkor raises more than €250m financing for its innovation centre
French battery startup Verkor announced it has raised more than €250 million, for the inauguration of its R&D lab, an integral part of the Verkor Innovation Centre.
Swedish startup Grafbase raises $5m seed funding to build the data platform of the future
Grafbase, the data platform for developers, announced it has raised fresh $5 million seed funding round, bringing $7.3 million in total funding.
Swedish tech startup Lurkit launches Creator Program, a gaming influencer marketing product
Swedish tech startup Lurkit announced it is taking its newest gaming influencer marketing product, 'Creator Program,' to the market.
UK-based climate tech startup Levidian secures £12m investment from Baker Hughes to scale growth
US energy technology giant Baker Hughes has backed Levidian’s world-first decarbonisation technologies with a £12m investment at a £130m valuation, opening up global collaboration opportunities.
National Grid Partners invests $20m in startups to transform the grid
National Grid Partners (NGP) announced investments of $20 million across three startups to transform the way utilities and other enterprises manage vast physical infrastructure.
Amsterdam-based Fastned receives €75m investment from Schroders Capital accelerate future growth
Fastned, the European fast charging company, announced a €75 million private placement of 2,032,520 new depositary receipts representing the same number of new ordinary shares in the capital of the Company with Schroders Capital.
GridBeyond secures €6m investment from UK's Claret Capital to support smart energy expansion
GridBeyond, the pioneer in intelligent energy technology, has agreed a debt financing facility of €6 million led by Claret Capital, to support the Irish headquartered company’s continued internationalisation plans.
Boosting access to funding for businesses in the energy sector
But despite funding and support being available, most of these businesses struggle with fundraising and access to these financial resources.
German tech startup NeoCarbon raises €1.25 million to reverse climate change
NeoCarbon, a Berlin-based tech startup which retrofits cooling towers to remove carbon dioxide from the atmosphere, announced it has raised €1.25 million in a Pre-Seed round co-led by PropTech1 and Speedinvest,
ABB partners with Dutch AI predictive maintenance scaleup Samotics to expand condition monitoring services
ABB and Samotics, the provider of ESA technology that is a high-growth scaleup company, have entered a strategic long-term partnership to provide enhanced condition monitoring services.
Stockholm-based R-evolution launches venture capital arm to boost greentech startups
Hexagon AB, a global pioneer in digital reality solutions combining sensor, software and autonomous technologies, announced a new venture capital arm of R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon.
Decentralized renewables are pointing entrepreneurs to sustainable jobs, report
The industry’s most comprehensive emerging markets employment census shows increased demand for DRE solutions is creating hundreds of thousands of formal and informal jobs.
Idealist Capital announces first close of its Climate Impact Fund to accelerate energy transition
Idealist Capital, a North American fund with a primary focus on the Canadian market, announced the first closing of the Idealist Climate Impact Fund LP (the Fund) with capital commitments totalling C$250 million.
Copenhagen-based Monta lands €30m additional financing to accelerate the buildout of EV charging infrastructure
Monta, the Copenhagen-based all-in-one EV charging management platform, announced it has secured an additional €30 million as part of a Series A+ round led by Energize Ventures.
Smart energy startup Flair raises $7.6m Series A funding to expand climate tech for home and grid
Flair, creators of smart vents, thermostats and easy-to-use software for room-level temperature control, announced the closing of a $7.6 million Series A funding round.
Swedish payment startup Billogram raises €15m to accelerate growth in Europe and the DACH region
Swedish invoicing and payment startup Billogram has raised €15 million in funding round led by Swisscom Ventures, with participation from Partech, CNI Nordic and Inbox Capital.
Octopus rolls out €220m to drive green power generation, backs Exagen to build UK’s largest battery
Octopus Energy Group launched its new renewables fund Octopus Energy Development Partnership (OEDP), as the fund makes its debut investment in renewables developer Exagen to build new green energy.
South Korean edtech startup Day 1 Company announces plans to Dive into US
Korean edtech startup, Day 1 Company, announced plans to enter the U.S. market with the launch of a new product, Dive.
BASF Venture Capital and Dutch-based Aqua-Spark invest in Sea6 Energy as part of Series B financing round
BASF Venture Capital, the corporate venture company of BASF SE, Germany, and Aqua-Spark, a Dutch investment fund focusing on the global aquaculture industry, are investing in Sea6 Energy as part of a Series B round.
Dutch home sustainability startup Woon Duurzaam receives €2.2m financing for further scaling up
EIT InnoEnergy supported Woon Duurzaam has received €2.2 million in a second investment round. The money will come from new investors Oneplanetcrowd and ROM InWest, and from existing shareholders EIT InnoEnergy and DOEN Participaties.
Fifth Wall raises $500m climate fund to decarbonize global real estate
Fifth Wall, a venture capital firm focused on technology for the global real estate industry, has held the final close of its inaugural Climate Fund with $500 million in capital commitments.
Online energy marketplace VECKTA closes $3.3m seed round to accelerate growth
VECKTA, the online energy marketplace that connects commercial and industrial energy users with capital, services, and equipment suppliers, announced it has closed a $3.3 million institutional seed round.
Cleantech startup Greener Process Systems develops modular system to capture maritime and industrial emissions
Greener Process Systems filed a series of patents that demonstrate their focus will expand to general industrial applications as well as further developments in CO2 capture, storage and re-utilization.
Sustainability data and tech startup ESG Book closes $35m Series B to advance its next-gen technology capabilities
ESG Book, a global player in sustainability data and technology, announced it has closed $35 million in Series B funding to advance its next-generation technology capabilities.
Deeptech startup NEU Battery Materials raises S$800,000 seed funding to produce clean and sustainable lithium batteries
Deeptech startup, NEU Battery Materials has raised a total of S$800,000 in seed funding from Momentum Venture Capital and Se-cure Waste Management.
Renewable energy startup Posh raises $3.8m seed round to automate EV battery recycling
Y Combinator alum, Posh, announced it has raised $3.8 million in seed funding. The Bay Area startup automates electric vehicle (EV) battery recycling to build sustainable energy storage solutions.
AfricArena partners with FMO to accelerate tech startups in Ghana, Morocco and Tanzania
AfricArena, the African series of tech events, announced a partnership with FMO Ventures Program, the Rise Open Innovation Challenge, which focuses on accelerating the growth of startups looking to improve the state of Africa.
Green tech startup Ecolibrium launches in the UK with $5m pre-Series A funding round
Advisory and climate tech-led sustainability solution Ecolibrium, has opened a new London HQ after raising $5m in a pre-Series A funding round, to support growing demand from commercial and industrial UK real estate owners.
Swedish gaming startup Lurkit raises $2.7m to empower gaming influencer marketing globally
Swedish gaming influencer marketing platform Lurkit has raised $2.7 million in a seed round from industry investors as the company is launching Quests, a new software suite that enables paid sponsorships between live streamers and gaming companies at scale.
Vancouver cleantech startup VoltSafe introduces electrical technology to reduce the effects of inflation
Vancouver cleantech startup VoltSafe has introduced a new electrical technology to reduce inflation effects in marine, automotive and housing industries.
Upcycling startup Novoloop extends Series A round to $21m to develop industrial capabilities
Advanced upcycling startup Novoloop nnounced it has expanded its Series A to $21 million through an oversubscribed extension led by Mistletoe Singapore and Hanwha Solutions.
Swedish AI Fund announces new fund targeting AI startups in Africa
Swedish AI Fund (SAIF), an NGO providing financial aid, grants and scholarships to AI projects has announced a new fund targeting AI startups in Africa.
Climate tech startup Station A launches Clean Energy Grades to instantly generate financial and carbon savings
Station A, the U.S. clean energy marketplace, announced it launched Clean Energy Grades, a new product that instantly tells you the financial return of switching to clean energy.
Plug and Play Japan kicks off 3rd Smart Cities accelerator program in Osaka and Tokyo
Plug and Play Japan has selected 25 startups from Japan and overseas for their accelerator program that promotes open innovation in Smart Cities theme. From the Batch 3 program, it will expand and operate at two locations, Tokyo and Osaka.
FirstEnergy contributes $1m to UBIZ Venture Capital to support minority businesses in Northeast Ohio
To help expand and grow minority-owned businesses in northeast Ohio, FirstEnergy announced a $1 million contribution to UBIZ Venture Capital, a small business lending program affiliated with the Urban League of Greater Cleveland.
Swedish travel tech startup Acamp acquires Ställpatser, prepares for European expansion
Acamp, the Swedish marketplace connecting campers with landowners, has acquired the popular camping community app, Ställpatser, just weeks after its €2.5 million funding round.
5G Open Innovation Lab selects MetaPower to join its startup development program
MetaPower, the innovators creating the future of Intelligent Wireless Power, announced its selection as one of 12 startups newly added to the 5G Open Innovation Lab (5G OIL).
Carrier launches venture firm to accelerate sustainable innovation and disruptive building and cold chain technology
Carrier Global Corporation, the global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has created Carrier Ventures, a new global venture capital group.
Energy-efficient AI semiconductor startup EdgeCortix closes over $8m Series A funding
EdgeCortix the AI-focused fabless semiconductor company, announced the closing of over $8 million in series A funding.
TDK Ventures invests in green hydrogen-electrolysis startup Verdagy
TDK Corporation announced that subsidiary TDK Ventures, Inc. has invested in green hydrogen company Verdagy to enhance the development and rapid commercialization of their scalable, low-cost approach to hydrogen electrolysis.
London-based Bramble Energy closes £35m to fund its hydrogen fuel cell technology
London-based fuel cell company Bramble Energy has closed a £35 million investment round to help further expand its game changing capabilities in solving key challenges in the production and implementation of hydrogen fuel cell stacks.
FirstEnergy invests $2.5m venture capital fund in Energy Impact Partners' to advance sustainable energy future
To help advance a sustainable energy future, FirstEnergy Corp. announced a $2.5 million investment in global venture capital firm Energy Impact Partners' (EIP) Frontier Fund.
Australian climate tech startup UPowr launches Helios to help companies decarbonise customer base, increase LTV
Australian climate tech company UPowr, launched its flagship climate software solution Helios in beta mode to select partners.
UK's carbon offset ratings startup Sylvera raises $32m funding to become source of truth in carbon markets
Carbon offset ratings provider, Sylvera, announced it has raised $32.6 million in Series A funding to accelerate its mission to become a source of truth for carbon markets.
Swedish-Kenyan electric vehicle tech startup Opibus launches first electric bus designed and developed in Africa
Swedish-Kenyan electric vehicle technology startup Opibus has introduced the first all-electric bus in Kenya as well as the first African designed electric bus ever.
Berlin-based clean energy startup Ostrom raises €4.4m to make transition to green energy convenient and affordable
Berlin-based clean energy startup Ostrom has raised a total of €4.4 million in pre-seed and seed funding to further its goal of making the switch to green energy as easy and affordable as possible.
Canadian electric vehicle startup eLeapPower raises $21m funding to accelerate initial production and global growth
eLeapPower, a technology innovator revolutionizing electric vehicles inside and outside, with its Smart Inverter System, announced it raised $21 million CAD in Series A funding.
FirstEnergy invests in Venture Capital Fund to help advance sustainable energy innovation
As part of its efforts to advance new technologies that will benefit customers and address climate change, FirstEnergy announced an incremental investment in global venture capital firm Energy Impact Partners' (EIP) Fund II.
[Startup Interview] Roman Bysko, CEO, Meredot, Latvia
Meredot is a Latvia-based mobility infrastructure startup that develops electric fueling stations to charge an e-scooter wirelessly and help cities thrive by resolving mobility issues and maximizing the benefits of micro-mobility. The startup’s Co-founder and CEO elaborates.
Renewable energy startup Enexor selected for Plug and Play Energy and Sustainability Accelerator to drive bioenergy agenda across Asia
Plug and Play’s Energy and Sustainability Accelerator is a 3-month program sponsored by the Plug and Play Tech Center (“Plug and Play”), the world’s largest early-stage investor, accelerator.
Healthtech startup Sigrid Therapeutics raises $8.4m from US, Irish and Swedish investors for diabetes breakthrough
Swedish healthtech startup Sigrid Therapeutics is set to prevent two of the world's biggest health challenges, type 2 diabetes and obesity with its SiPore15® powder.
Estonian-based fintech startup Fairown secures €4.2 Million funding to invest in waste reduction
Estonian-based fintech company Fairown will fuel international growth and empower more brands to shift from a linear to a circular economy.
Helion raises $500 million, targets 2024 for demonstrating net electricity from Fusion
Helion, a clean energy company committed to creating a new era of plentiful, zero-carbon electricity from fusion, has announced the close of its Series E raise of $500 million.
[Startup Interview] Adedokun Muhammed-Ali Adedeji, Founder, Brightcloud Automobile, Nigeria
Adedokun Muhammed-Ali Adedeji is a Nigerian innovator, entrepreneur and logistics manager. A green mobility advocate, Adedokun is the founder of Brightcloud Automotive.
Canadian energy startup Pani secures $8m to scale up AI solution to improve water and energy efficiency in water treatment facilities
Pani, a Canadian software-as-a-service (SaaS) company, announced the completion of an oversubscribed $8 million CAD capital raise.
Berlin-based startup Made of Air raises €5m seed round to make thermoplastics for Audi, H&M Group and other companies
Made of Air, the carbon negative materials startup that turns wood waste into thermoplastics, announced a €5 million in seed funding, led by Norwegian sustainability-focused family fund.
Israeli startup RepAir Carbon closes $1.5m seed round to develop cell for modular Direct Air Capture
Israeli startup RepAir Carbon closed a $1.5m seed round to develop cell for modular Direct Air Capture inspired by fuel cell technology. The seed funding will allow the RepAir team to refine the company's existing prototype cell.
Ugandan fintech startup Fin-e Innovations raises $300,000 to bridge funding gap of African energy SMEs
Fin-e Innovations, a fintech start-up based in Uganda, has closed pre-seed funding of $300,000 from an undisclosed party in the United States.
German startup Focused Energy raises $15m seed round to pursue commercial fusion energy production
Focused Energy, a laser fusion startup dedicated to developing fusion as a means of generating clean alternative energy, announced the successful completion of $15 million in seed funding.
Nigerian fintech startup Infibranches secures $2m funding from All On to drive growth in the renewable energy sector
Shell-funded impact investment company All On announced a $2 million investment in fintech company, Infibranches Technologies, to help bridge the energy distribution gap in underserved rural and peri-urban areas of Nigeria.
TDK Ventures invests in seed round for dry lithium-ion electrode manufacturing startup, AM Batteries
TDK Corporation announced that subsidiary TDK Ventures has invested in AM Batteries (AMB) to support the commercialization of its dry electrode coating technology that improves the manufacturing of lithium-ion batteries.
Canadian machine learning startup CruxOCM raises $6m venture financing to accelerate growth
CruxOCM, the pioneer of robotic industrial process automation (RIPA) for control room operations, announced it has raised $6 million in venture financing to fuel growth.
Tech startup SIMBA Chain raises $25m in Series A funding to accelerate growth
SIMBA Chain , the technology company that eliminated the complexities of blockchain app development and reduced energy usage, thus opening the door to a world of users, has closed a $25 million Series A funding round led by Valley Capital Partners.
Innovative entrepreneurs driving African renaissance
Innovative solutions by African entrepreneurs continue to make local impact while having a global appeal.
Energy Distribution startup Fuel Me wins Plug And Play's Supply Chain and Logistics Program
Fuel Me, a cloud-based fuel and energy distributor, was selected from a competition with 100 participating companies, for Plug and Play's "Supply Chain and Logistics Program".
Prieto Battery startup raises $5.7m to accelerate development of solid-state advanced rechargeable batteries
Prieto Battery announced it has closed on the first tranche of its $5.7 million Series C Round financing. The investment will accelerate Prieto's development of its proprietary 3D solid-state rechargeable lithium-ion battery.
Tech executive Mark Bregman launches Quidnet Ventures, a venture capital fund based in New Zealand
Mark Bregman, a successful tech executive and entrepreneur, has launched Quidnet Ventures, a venture capital fund based in New Zealand and operated out of New Zealand, San Francisco and New York City.
Lithium-ion battery recycling and manufacturing startup Battery Resourcers appoints Kelly Kay to its Board of Directors
Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing startup announced the appointment of Kelly Kay to its Board of Directors.
Oxford Foundry partners with FMDQ Private Markets to accelerate Nigeria’s startup ecosystem
Oxford Foundry and FMDQ Private Markets have launched a global partnership to accelerate the growth of Nigeria’s startup ecosystem.
Canadian tech startup Edgehog secures $1.25m seed round to accelerate growth
Edgehog Advanced Technologies, developer of the world's best nanotextured, omni-directional, anti-reflective glass, announced the first closing of $1.25 million of its $2.5 million seed capital raise.
Agritech startup GrowFlux selected to join Wells Fargo Innovation Incubator program
The Wells Fargo Innovation Incubator, a technology incubator and platform funded by the Wells Fargo Foundation, has selected GrowFlux and four other startups to participate in the program's ninth cohort.
IFC’s TechEmerge partners with logistics startup Kobo360 to pilot sustainable cooling innovations in Nigeria
Eleven global innovators have been selected to partner with 15 leading Nigerian companies to pilot cost-effective, climate-smart technologies to strengthen the country's temperature-controlled logistics supply chain.
bp invests $7m in electric vehicle charging startup IoTecha
bp ventures has invested $7million in smart electric vehicle (EV) charging firm, IoTecha, leading a $13.2 million investment round.
Toyota AI Ventures rebrands as Toyota Ventures, adds $300m to invest in emerging technologies and carbon neutrality
Toyota's first standalone, early-stage venture capital firm, Toyota AI Ventures, will change its name to Toyota Ventures and grow its total assets under management to more than $500 million with the addition of two $150 million early-stage funds.
Blockchain startup Candela Coin develops solar powered eco-friendly cryptocurrency mining protocol
Candela Coin, a cryptocurrency that allows holders to take part in the first ever decentralized blockchain based peer-to-peer transactive solar energy system, has developed a solar powered eco-friendly cryptocurrency mining protocol.
MetaVC Partners launches debut venture capital fund focused on startups using metamaterials
MetaVC Partners has launched its first fund which will focus on venture investments in early-stage startups employing metamaterials technology.
Plug and Play Japan selects 91 Startups for its Summer/Fall 2021 Batch
Global Innovation Platform, Plug and Play Japan has selected 91 Japanese and international startups into its Summer/Fall 2021 Batch, which will be carried out from June to September 2021.
Techstars joins Cleantech.org $100,000 GS Beyond Energy Innovation Challenge
Cleantech.org and Techstars announced that Techstars is joining the Cleantech.org GS Beyond Energy Innovation Challenge as an Accelerator Partner.
Venture builder Satgana launches first portfolio startup in Kenya, Mazi Mobility
After its launch in September last year, venture builder Satgana has announced its first portfolio startup from Nairobi, Kenya, Mazi Mobility, to address the issues faced by the public transport industry in the Global South by electrifying the motorcycle industry.
Blockchain startup Candela Coin creates first consumer-facing transactive solar energy system
Blockchain startup Candela Coin has created the first consumer-facing transactive solar energy system. Candela Coin is a cryptocurrency that allows holders to take part in the first ever decentralized blockchain based peer-to-peer transactive solar energy system.
The Batchery introduces next wave of innovative startups in Berkeley, California
The Batchery announced its 12th Demo Day featuring eleven early-stage startups from the Berkeley-based incubator's intensive Deep Dive program.
DBSA launches second edition of the Youth Challenge in South Africa
The Development Bank of Southern Africa (DBSA), launched the second edition of the DBSA Youth Challenge, a competition aimed at harnessing innovative solutions from young people in South Africa to help address infrastructure challenges.
Plug and Play Korea launches in Seoul
Global innovation platform, Plug and Play, announced the launch of its new office in Seoul, Korea, to primarily focus on corporate innovation in the areas of Financial Services and Smart Cities and expects to expand to other industries in the future.
Bechtel partners with climatetech startup incubator Greentown Labs to drive energy transition in Houston
Bechtel announced partnership with Greentown Labs in Houston, the city's first-ever climatetech startup incubator, to drive energy transition in Houston.
Kenyan e-mobility startup Ecobodaa secures funding from Persistent Energy Capital
Persistent Energy Capital announced a strategic venture building investment and partnership with Ecobodaa, a pioneer e-mobility startup, leading the revolution of the electric motorbike taxi (bodaboda) in Kenya.
Ideal Semiconductor startup announces investment from Applied Ventures
Ideal Semiconductor, a startup company that has successfully demonstrated a fundamentally new technology for energy conversion in electronic systems, announced it has received funding from Applied Ventures, LLC, the venture capital arm of Applied Materials.
Energy Transition Ventures launches first venture capital fund in Texas dedicated to energy transition
Energy Transition Ventures (ETV) has launched as the first venture fund in Texas exclusively dedicated to investing in energy transition technologies.
Lithium-ion battery recycling and manufacturing startup Battery Resourcers raises $20m Series B funding
Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing company, completed a $20 million Series B equity round.
Kigali-based electric mobility startup Ampersand raises $3.5m from EIF
Kigali based electric motorcycle startup Ampersand has raised $3.5 million in funding from the Ecosystem Integrity Fund (EIF) to rapidly scale its electric motorcycle and swap station network in Rwanda.
Solar home systems startup Baobab+ raises €4m to expand in Côte d’Ivoire and Senegal
Solar home systems social enterprise startup Baobab+ has raised €4 million in financing for the expansion of its activities in Côte d’Ivoire and Senegal.
LineVision startup secures $12.5m in Series B financing to scale grid enhancing technology
LineVision, the provider of non-contact overhead power line sensor solutions to monitor, optimize, and protect critical energy delivery infrastructure, announced the closing of its Series B financing round, raising $12.5 million to accelerate growth.
Plug and Play selects 154 startups for the Summer 2021 Batches
During the three months of the program, the selected startups will participate virtually in networking events, mentor sessions, focus weeks, and private dealflow sessions.
Berlin-based startup betteries secures €2.1m seed funding to upcycle electric vehicle batteries, avert climate change
Berlin-based profit for impact startup betteries has successfully closed its €2.1 million seed funding round led by impact funds Factor[e] Ventures and Beyond Black.
Noon Energy's breakthrough renewable energy storage technology lands $3m seed investment
Noon Energy, developer of a revolutionary ultra-low-cost battery technology for long-duration energy storage, closed a $3 million Seed stage investment.
Three Kenyan startups among recipients of $2m African Jua fund
Three startups from Kenya are among the recipients of the inaugural $2 million Jua Fund, the largest African venture capital fund by a private individual.
Recogni startup raises $48.9m Series B investment for AI-powered perception chips
Recogni, the developers of an AI vision cognition system for autonomous vehicles, announced $48.9 million in a Series B financing round, to help bring its perception platform to market and expand its engineering and go-to-market teams.
EUNIKE Ventures partners with Foresight to accelerate growth of cleantech ventures in Canada
Foresight Cleantech Accelerator Centre (Foresight) and Eunike Ventures (Eunike) announced a collaborative partnership to further accelerate the growth of Canadian companies with promising cleantech solutions for the energy industry.
Digital Power-Optimization completes Seed II funding round
Digital Power-Optimization (DPO) announced it has completed a $440,000 Seed II funding round at a $4,000,000 post-money valuation, funded by Salutem Capital.
Canadian energy innovator e-Zinc raises $2.3m to accelerate commercialization of its breakthrough energy storage technology
e-Zinc, a Toronto-based energy storage innovator, announced it has raised $2.3 million in a closed round led by BDC Capital's Cleantech Practice.
Tigo Energy raises $20m to bolster customer experience, fund market expansion
Tigo Energy, the worldwide leader in Flex-MLPE (Module Level Power Electronics), announced a $20 million round of investment, led by Energy Growth Momentum.
Minna Technologies raises €15.5 million to expand open banking tech to banks globally
Subscription management software tool Minna Technologies has raised €15.5 million in Series B fundraising led by Element Ventures.
Chevron invests in carbon capture and utilization startup Blue Planet
Chevron Corporation announced a Series C investment in San Jose-based Blue Planet Systems Corporation (Blue Planet), a startup that manufactures and develops carbonate aggregates and carbon capture technology.
Plug and Play partners with MESS to create a mobility & IoT innovation hub in Istanbul, Turkey
Global innovation platform for startups and corporations from Silicon Valley, Plug and Play, is partnering with Turkish Employers' Association of Metal Industries MESS, in launching its newest location in Istanbul, Turkey.
[Startup Interview] Tony Botha, Managing Director, carbonTRACK Africa, South Africa
carbonTRACK Africa is a South Africa technology startup that seeks to create a world where energy is consumed sustainably, shared fairly and empowers all people. The ultimate goal is establishing an energy ecosystem that will close the gap between energy supply and demand.
Nigerian logistics startup Kobo360, IFC invite for innovative cooling solution projects in Nigeria
IFC, a member of the World Bank Group, in partnership with Kobo360, an African digital logistics platform, announced an open call for innovators from around the world to bring climate-smart, temperature-controlled logistics (TCL) cooling solutions to Nigeria.
New manufacturing startup JTEC Energy announces the close of its initial seed round
New manufacturing startup JTEC Energy announced it closed on an initial seed fundraising round, to hire additional scientists and engineers in order to accelerate the development of the the company.
Bamboo Capital, Government of Madagascar, World Bank launch $40m energy access fund for Madagascar
Bamboo Capital Partners has been appointed by the Government of Madagascar and the World Bank as the international fund manager for the Off-Grid Market Development Fund, a $40 million renewable energy access fund.
Chinese autonomous truck startup Inceptio Technology raises $120m to accelerate volume production
Inceptio Technology, an autonomous truck company, announced a $120 million funding led by Contemporary Amperex Technology, developer and manufacturer of lithium-ion batteries.
Peer-to-peer solar leasing startup Sun Exchange announces African expansion in Zimbabwe
South African peer-to-peer solar leasing startup Sun Exchange marked its official expansion into sub-Saharan Africa with the first of three crowdsales for a multiphase, 1.9 megawatt (MW) solar-plus-storage project for Nhimbe Fresh.
Former Bitcoin.com CEO launches Sonic Capital, Asia's first tokenized venture investment fund
Former Bitcoin.com CEO Stefan Rust announced the launch of Sonic Capital, Asia's first venture capital and impact investment fund to be tokenized on the blockchain.
Swedish fintech startup Payer launches beta test program to revolutionize customer registration in B2B e-commerce
Financial Services startup Payer has developed a new registration product that revolutionizes how customer relationships are made between companies online.
Cleantech startup Skeleton Technologies joins European Clean Hydrogen Alliance
Estonian cleantech startup Skeleton Technologies has joined the European Clean Hydrogen Alliance, an initiative of European stakeholders who want to engage and contribute to the deployment of renewable and low-carbon hydrogen.
Estonian cleantech startup Skeleton Technologies raises €41.3m from European entrepreneurs
Skeleton Technologies, global cleantech 100 company and largest European manufacturer of ultracapacitor-based energy storage, has completed a €41.3 million financing round.
Swedfund invests in femtech e-commerce startup Kasha Global to support women’s health in East Africa
Swedfund, the Swedish Development finance institution, announced its investment in Kasha Global, a Femtech e-commerce platform with subsidiaries in Rwanda and Kenya, to support women’s health and self-care.
Dutch tech startup Avy completes successful test flight with first solar fixed-wing drone
Dutch solar drone manufacturer Avy announced a successful test flight of its first solar fixed-wing drone, equipped with custom solar foil developed by Wattlab to reflect and absorb more sunlight.
Plug and Play partners with Evergy to foster new relationships, innovation in Topeka
Global innovation platform Plug and Play announced that Evergy will be a founding partner for its Topeka location, which is centered around animal health and agriculture technology
German environmental IoT startup Dryad raises €1.8m for ultra-early wildfire detection system
Environmental IoT startup Dryad Networks has secured seed funding of €1.8 million to develop a large-scale IoT network for the ultra-early detection of wildfires - the Internet of Trees.
ESL and DreamHack merge to shape the future of E-sports and gaming
ESL, the world's largest esports company, and DreamHack, the premier gaming lifestyle festival company, have merged organizations to further accelerate their mission to shape the future of esports and gaming.
Enel expands into Canadian innovation ecosystem partnership with MaRS
Enel, a multinational power company and integrated player in the global power, gas and renewables markets. announced it has expanded its energy innovation reach into Canada through a partnership with MaRS Discovery District.
[Startup Interview] Jason Gras, Emile Fulcheri, Stima, Kenya
Stima is a Kenya-based startup that operates a smart service swap stations providing charging services to enable moto-taxi riders to switch to electric motorcycles.
Plug and Play selects 147 startups for its winter 2020 batches
Plug and Play announced the selection of 147 new startups into its winter 2020 batches. The startups were selected to join one of the following programs that will run through November 2020.
Tech startup MITO Material Solutions announces oversubscribed $1m Series Seed funding round
MITO Material Solutions, a cutting edge developer of additives that enable polymer manufacturers to enhance product performance, announced an oversubscribed $1 million Series Seed funding round.
Belgian startup Ampacimon raises €4m to further accelerate growth through innovative projects
Belgian startup Ampacimon has raised €4 million with Korys as lead investor, with existing shareholders Gesval and Creos also taking part in this financing round with a view to strengthening their historical link with Ampacimon.
Swedish startup Voi steps up its safety game with next generation scooter
Swedish startup Voi unveiled its safest ever scooter model - Voiager 4 - the world’s first sharing scooter with indicators, allowing riders to alert other road users.
Nigeria Climate Innovation Centre incubates 12 renewable energy startups
Twelve renewable energy start-ups have successfully completed a 16-week incubation program run by the NCIC and funded and supported by off-grid energy impact investment company All On.
Sweden e-scooter startup Voi Technology wins first large-scale exclusive trial deal in UK
Swedish-founded micro-mobility startup Voi Technology is getting ready to put its first fleet of e-scooters on UK streets.
U.S. startup WiBotic receives industry-first FCC approval for high power wireless charging
Seattle-based startup WiBotic received equipment authorization from the Federal Communications Commission (FCC) for its high power transmitters and receivers.
U.S. startup Ossia partners with Toyoda Gosei to deliver wireless power over the air in vehicle cabins
Toyoda Gosei Co, a Toyota Group company, has concluded a joint development agreement with Ossia Inc, a U.S. startup that leads the world in the field of wireless power solutions.
Swiss cleantech stratup Insolight closes Series A financing with €4.6 million
Swiss cleantech stratup Insolight announced that a Series A Round of €4.6 million has successfully been closed led by Investiere, with co-investors Zürcher Kantonalbank, Swiss Immo Lab and a number of private business angels.
Kenyan startup PayGo Energy announces strategic investment from Saisan
PayGo Energy, an Energy Access Ventures portfolio company, has secured a strategic investment from Saisan, a leading Japanese energy company.
Pan-European micro-mobility startup Voi achieves profitability in June, secures $30m funding
Voi Technology, the pan-European micro-mobility leader announced it has reached its first-ever monthly profit at group level for the month of June, less than two years since it launched the e-scooter service which now operates across 40 cities.
IFC helps boost clean tech startups in Egypt, enables farmers switch to solar
IFC is joining forces with the National Bank of Egypt and MSMEDA to strengthen the clean technology entrepreneurship sector and boost Egyptian farmers’ access to finance for solar irrigation.
AWIEF launches Enterprise Development for Women-Owned Ventures in Green Energy Startup Incubator
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has launched “Enterprise Development for Women-Owned Ventures in Green Energy” and announces the call for applications for Startup Incubator in Malawi and Nigeria.
Eir Ventures announces first close of €76m fund to leverage untapped potential of health care innovation
Eir Ventures, a Nordic Life Science Venture Fund, announced a first close of its new fund of €76 million to leverage untapped potential of health care innovation.
The Digital Africa seed fund off to a promising start, offers customized support for African startups
The Digital Africa seed fund for innovative entrepreneurship in Africa is off to a promising start. Just six months on from its launch, already, one third of the €15 million for technical and financial assistance has already begun to flow.
Mali renewable energy startup SolarX closes Series A round led by Energy Access Ventures
Mali-based solar company SolarX announced the close of its Series A round led by Energy Access Ventures, an early-stage fund investing in and supporting decentralized energy companies across sub-Saharan Africa.
Belgium startup e-peas raises further €8 million in VC for long term growth
Award-winning Belgium start-up e-peas has raised an additional €8 million worth of investment led by Partech and Airbus Ventures, with KBC Focus Fund, W.IN.G, Noshaq Ventures, LeanSquare, Nivelinvest and Vives also contributing.
Urbint secures $20 million funding for AI powered field safety information for utlities
Urbint, a New York startup dealing in in artificial intelligence for Field Risk Management, has raised $20 million in a Series B funding round.
[Startup Interview] Wolf-Dietrich Fugger, Co-Founder, EWIA Green investments, Germany
EWIA Green investments is a renewable energy company based in Germany with an office in Ghana. Through Solar-as-a-Service model the company sells photovoltaic systems to commercial and industrial customers in form of leasing.
Solar leasing startup Sun Exchange secures $3 million investment from ARCH for African market expansion
South African solar leasing startup Sun Exchange has secured a $3 million investment from ARCH Emerging Markets Partners’ Africa Renewable Power Fund (ARPF), marking the close of $4 million Series-A funding round.
Paypal invests in Sweden fintech startup Tink to grow European footprint
Paypal has invested €90 million in Stockholm-based fintech Tink and entered into a strategic agreement with the startup.
EIT Health selects startups for Headstart 2020
Eighty-nine startups from across Europe have been selected to take part in the annual EIT Health Headstart programme.
[Startup Interview] Rense van Dijk, CEO, Woon Duurzaam, The Netherlands
Woon Duurzaam, a Netherlands-based startup, assists customers who are in pursuit of a sustainable lifestyle by providing every homeowner with an affordable energy sustainable home.
Forestry startup Timbeter collaborates with Costa Rica government to support digitization of forest management
Estonian forestry startup Timbeter and the government of Costa Rica kicked-off a project with the goal to support the digitization of forest management, and increase competitiveness of the local forestry sector.
Swedish digital healthcare startup Doktor.se secures $50 million to strengthen online medicare
Doktor.se, one of Sweden's largest players in digital healthcare has secured approximately $50 million in a capital round where Carnegie and Handelsbanken have been advisers.
Swedish startup Mycorena raises €1.2 million funding to expand production, scale-up activities
Swedish startup Mycorena has raised over €1.2 million to fund the scale-up expansion of the product to reach the mass market, by financing the sustainable growth of the company initiating their first small-scale industrial production plant in Falkenberg.
BlaBlaCar partners with Voi Technology to offer e-scooters in France
Carpooling platform BlaBlaCar has chosen to extend its offer and partner with Swedish electric scooters company Voi Technology to offer BlaBla Ride Scooters.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here