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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3766223 | Tags:

Aramco expands global venture capital programme with $4 billion funds injection
Published: 19-04-2024 | 17:13:42 | By: Bob Koigi
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.












Fuel Me secures $18m Series A funding to redefine fuel procurement
Published: 22-03-2024 | 12:28:00 | By: Pie Kamau


























Circu Li-ion receives €8.5m seed funding to automate sustainable battery recycling
Published: 24-10-2023 | 10:30:00 | By: Pie Kamau
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
Published: 19-10-2023 | 14:44:00 | By: Pie Kamau
Bisly has closed a €3.6 million round of fundraising.


Stockholm-based climate fintech Cloover secures €7m for renewable energy solutions
Published: 18-10-2023 | 13:03:00 | By: Pie Kamau
Cloover has closed an oversubscribed €7 million pre-seed investment round.


Finnish energy tech startup Capalo AI raises €500K to accelerate growth
Published: 13-10-2023 | 14:32:00 | By: Pie Kamau
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
Published: 13-10-2023 | 13:41:00 | By: Pie Kamau
Bedrock Energy has announced $8.5 million in seed capital.


LinkedIn names renewable power producer BrightNight as top U.S. startup
Published: 28-09-2023 | 14:57:00 | By: Pie Kamau
BrightNight has been named as top U.S. startup by LinkedIn.


Openvolt raises €1.5m to enable the next generation of energy applications
Published: 21-09-2023 | 13:25:00 | By: Pie Kamau
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
Published: 06-09-2023 | 10:44:00 | By: Pie Kamau
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
Published: 06-09-2023 | 10:30:00 | By: Pie Kamau
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
Published: 04-09-2023 | 14:00:00 | By: Pie Kamau
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
Published: 24-08-2023 | 15:03:00 | By: Pie Kamau
Nodal Power has raised a $13m to mitigate methane emissions at landfills.


Heat battery maker Rondo Energy secures $60m to speed industrial decarbonization
Published: 17-08-2023 | 14:22:00 | By: Pie Kamau
Rondo Energy has raised $60 million in new financing.


From catwalks to urban planning: Milan's sustainable city transformation, Plug and Play
Published: 16-08-2023 | 11:26:00 | By: Pie Kamau
Milan is a city known for its vibrant fashion and cultural scene.


Berlin-based startup NeXtWind secures $750m to build sustainable energy market in Germany
Published: 14-08-2023 | 15:11:00 | By: Pie Kamau
NeXtWind has completed $750m second financing round.


Proptech AI startup Zenerate partners with SoLa Impact to automate affordable housing developments
Published: 14-08-2023 | 14:12:00 | By: Pie Kamau
Zenerate has partnered with SoLa Impact.


Treehouse secures $10m to bring EV chargers into homes
Published: 10-08-2023 | 16:35:00 | By: Pie Kamau
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
Published: 09-08-2023 | 13:19:00 | By: Pie Kamau
Chemical recycling is a process in which waste materials are broken down into their original chemical compounds.


ev.energy secures $33m funding to drive electric vehicle-grid integration in North America and Europe
Published: 28-07-2023 | 09:14:00 | By: Pie Kamau
ev.energy announced its $33m Series B raise.


NEU Battery Materials concludes $3.7m seed funding round
Published: 05-07-2023 | 15:24:00 | By: Pie Kamau
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
Published: 27-06-2023 | 18:36:00 | By: Pie Kamau
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
Published: 26-06-2023 | 11:57:00 | By: Pie Kamau
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
Published: 13-06-2023 | 10:59:00 | By: Pie Kamau
tem., the UK-based renewable energy startup, has secured £2.5m funding round.


Plug and Play, Suncor partner to accelerate sustainable energy, digital transformation
Published: 01-06-2023 | 11:01:00 | By: Pie Kamau
Plug and Play has announced a new relationship with Suncor.


46VC invests in Exum Instruments' Series A funding round
Published: 31-05-2023 | 11:08:00 | By: Pie Kamau
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
Published: 31-05-2023 | 10:19:00 | By: Pie Kamau
Plenitude (Eni) and Energica have partnered to develop new cutting-edge projects.


Swedish sodium-ion battery developer Altris secures €4.8m funding, appoints new CEO and CFO
Published: 02-05-2023 | 12:17:00 | By: Pie Kamau
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
Published: 20-04-2023 | 14:12:53 | By: Bob Koigi
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
Published: 23-03-2023 | 12:08:01 | By: Bob Koigi
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
Published: 07-03-2023 | 13:22:00 | By: Pie Kamau
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.


Battery startup NanoGraf raises $65m Series B to scale North American production of silicon anode products
Published: 15-02-2023 | 12:22:00 | By: Pie Kamau
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.


French hydrogen startup HySiLabs raises €13m Series A funding to accelerate growth
Published: 02-02-2023 | 13:16:00 | By: Pie Kamau
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
Published: 02-02-2023 | 12:08:00 | By: Pie Kamau
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.


Battery recycling startup Redivivus receives funding from ENEOS Innovation Partners to accelerate growth
Published: 27-01-2023 | 11:21:00 | By: Pie Kamau
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
Published: 27-01-2023 | 10:54:00 | By: Pie Kamau
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
Published: 19-01-2023 | 11:55:00 | By: Pie Kamau
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.


Beijing-based Astro-E closes seed round financing to accelerate growth
Published: 16-01-2023 | 11:35:00 | By: Pie Kamau
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.


The Carbon Blockchain expands footprint in Africa with acquisition of Minerva Green
Published: 04-01-2023 | 15:13:00 | By: Pie Kamau
The Carbon Blockchain (TCB), a carbon finance and technology services company that produces high-integrity carbon credits has announced the acquisition of Minerva Green.


[Startup Interview] James Adebisi, Founder, Oruis Medical, Nigeria
Published: 23-12-2022 | 12:23:21 | By: Bob Koigi
Orius Medical is a Nigerian health startup that provides mental care and support through psychotherapy and mental health education.


Dutch startup Aiosyn raises €2m to develop AI-powered algorithms to support pathologists with clinical diagnostics
Published: 22-12-2022 | 11:50:00 | By: Pie Kamau
 Aiosyn, a diagnostics platform that uses artificial intelligence to support pathologists with more accurate and efficient clinical diagnostics, raised an investment round of €2 million.


Ran Ziv joins Israeli proptech startup BeamUP as CTO
Published: 22-12-2022 | 11:18:00 | By: Pie Kamau
BeamUP, the pioneer in enterprise data management for building system design and operations, announced it has hired Ran Ziv as CTO.


OKX Ventures, GSRV co-lead $2m seed round for decentralized identity platform Nametag
Published: 22-12-2022 | 11:02:00 | By: Pie Kamau
Nametag, creators of the new standard for end-user identity verification with web3, announced a $2 million seed round co-led by GSRV and OKX Ventures.


Digital asset investment management platform ML Tech raises $1.9m strategic round
Published: 22-12-2022 | 10:37:00 | By: Pie Kamau
ML Tech, a non-custodial digital asset investment management platform providing institutional investors access to automated crypto trading strategies, raised over $1.9 million in a strategic round that included well-known investors.


Fintech enabler Ukheshe secures Series A funding to accelerate international expansion
Published: 22-12-2022 | 10:10:00 | By: Pie Kamau
Ukheshe International, the UK-headquartered division of digital-first, Banking as a Service (BaaS) enabler Ukheshe, announced the conclusion of an investment agreement that will help accelerate its international expansion.


Finnish asset management firm eQ raises more than €500m for private equity and venture capital funds
Published: 21-12-2022 | 09:08:00 | By: Pie Kamau
eQ PE XIV North focusing on Northern Europe held its final close on €288 million, a more than 40 % increase compared to its predecessor.


Paris-based startup QuantCube raises Series B funding to support growth in economic nowcasting, harnessing AI and big data analytics
Published: 21-12-2022 | 08:49:00 | By: Pie Kamau
Real-time economic intelligence provider QuantCube Technology, announced it has secured funding led by Strategic Development Fund (SDF), the investment arm of UAE’s Tawazun Council.


South Korean startup Xinapse scales AI solutions in the global market
Published: 21-12-2022 | 08:35:00 | By: Pie Kamau
Xinapse, a member of the Born2Global Centre, a Korean generative AI startup that is planning to enter the U.S. publishing market and will participate in the upcoming CES exhibition in Las Vegas in 2023, is scaling AI solutions in the global market.


proteanTecs named #1 most promising startup in Israel
Published: 21-12-2022 | 08:14:00 | By: Pie Kamau
proteanTecs, a global pioneer of deep data analytics for advanced electronics, has been named the Most Promising Israeli Startup 2022 by Globes, an Israeli business publication.


Hologram startup Proto secures investment from Christie’s Ventures to accelerate growth
Published: 21-12-2022 | 07:57:00 | By: Pie Kamau
Proto, the original hologram device and platform, announced that Christie's Ventures has invested in the company, solidifying the bonds of their successful collaborations.


Web3 startup Tonsnipe raises $100K to build a token and NFT aggregator on Ton blockchain
Published: 21-12-2022 | 07:44:00 | By: Pie Kamau
Tonsnipe, a web3 startup building on The Open Network has closed a $100K private funding round to develop a Ton blockchain-based native token and NFT aggregator.


Dutch scale ups face €500b financing gap, report
Published: 20-12-2022 | 12:18:00 | By: Pie Kamau
Venture Capital firm Lakestar released The €500 Billion Dutch Financing Gap report, which delves into the Netherland’s strong heritage in scaling growth companies and how it can create the next wave of companies for the future.


Impact Venture Capital invests $8m seed round for Web3 startup Virtualness
Published: 20-12-2022 | 11:52:00 | By: Pie Kamau
Impact Venture Capital announced its investment in Virtualness' oversubscribed $8 million seed round. Virtualness is a mobile-first platform designed to help creators and brands navigate the complex world of Web3.


Mad Capital closes $4m seed round to finance the regenerative agriculture revolution
Published: 20-12-2022 | 11:29:00 | By: Pie Kamau
Mad Capital, an impact-focused lender that offers equitable, flexible funding for organic and transitioning farmers, announced it has raised a $4 million Seed round, led by Trailhead Capital.


Traveltech startup Evaneos raises €20m to accelerate growth in Europe
Published: 20-12-2022 | 11:16:00 | By: Pie Kamau
Evaneos, the online platform dedicated to making travel a source of positive impact, announced a €20 million equity financing round to accelerate growth in Europe.


Healthtech startup PaxeraHealth closes series A funding round to accelerate its enterprise medical imaging and AI authoring platforms
Published: 20-12-2022 | 10:31:00 | By: Pie Kamau
PaxeraHealth, the medical imaging and AI developer, announced the close of its series A financing round led by Sopris Capital, a venture capital firm focused on technology-enabled healthcare solutions.


AI-driven SaaS startup Kuona raises $6m round to solve brand pricing and promotion challenges
Published: 20-12-2022 | 10:07:00 | By: Pie Kamau
Kuona, the intelligent SaaS platform that uses machine learning to automatically optimize product prices, promotions, and inventories for consumer packaged goods (CPGs) and retailers, announced it has raised a $6 million seed round.


Casted launches new program to democratize access to podcasting
Published: 19-12-2022 | 09:14:00 | By: Pie Kamau
Casted, the first and only podcast and video marketing platform made for B2B marketers, has launched Casted for Startups.


EG Capital announces anchor closing of its maiden fund to invest in startups across East Africa and Zambia
Published: 19-12-2022 | 09:04:00 | By: Pie Kamau
EG Capital, a growth-oriented private equity impact firm has announced the anchor closing of its first EG-Economic Empowerment Fund LP (EG-EEF), which will invest in medium-sized businesses.


Infinity AI startup raises $5m to build automated synthetic training data
Published: 19-12-2022 | 08:58:00 | By: Pie Kamau
Infinity AI, a startup that generates automated synthetic training data, announced a $5 million seed round led by Matrix with participation from founders and operators from companies like Snorkel AI, Tesla, and Google.


Indian AI-based asset and plant performance startup UptimeAI raises $3.5m funding to expand in the U.S.
Published: 19-12-2022 | 08:44:00 | By: Pie Kamau
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.


Appier launches AIRIS, next-gen AI-powered CDP leveraging first-party data to activate MarTech applications
Published: 19-12-2022 | 08:17:00 | By: Pie Kamau
Shortening the time spent from data to insight and insight to action, and visualizing results from marketing campaigns remain as critical issues for most enterprises considering Customer Data Platforms (CDP).


Comedian, Actor and Host Howie Mandel Steps into the Metaverse powered by DeepBrain AI
Published: 16-12-2022 | 13:40:00 | By: Pie Kamau
DeepBrain AI, a member of the Born2Global Centre, and Howie Mandel have put their brains together to create AI Howie, a fully interactive virtual human AI replica of the famous comedian, actor, host, and technology enthusiast.


Italian biodiversity startup 3Bee raises €5m to scale the protection of pollinators in Europe
Published: 16-12-2022 | 13:29:00 | By: Pie Kamau
Italian-based scale-up 3Bee (a world with bees), which operates both in the B2C and B2B protection of ecosystems and pollinators area has raised €5 million series A funding round.


Nigerian online furniture store Taeillo raises $2.5m for expansion
Published: 16-12-2022 | 13:17:00 | By: Pie Kamau
Nigerian online store Taeillo, announced a $2.5 million funding round from Aruwa Capital, a growth equity and early-stage investor.


Visa announces grant to help African women fund managers grow their businesses
Published: 16-12-2022 | 13:00:00 | By: Pie Kamau
Visa has announced a grant towards the African Women Impact Fund (AWIF), a collaboration between Standard Bank and the United Nations Economic Commission for Africa (UNECA).


Senegalese startup Kwely launches made in Africa online store
Published: 16-12-2022 | 12:38:00 | By: Pie Kamau
Kwely, a Senegalese-based startup has launched a B2B e-marketplace to provide African producers and manufacturers with a global window to sell their products at scale.


VC fund Ventures Platform closes its pan-African and early-stage fund at $46m
Published: 16-12-2022 | 12:30:00 | By: Pie Kamau
Ventures Platform, a pan-African early-stage Venture Capital firm, announced the final close of its intercontinental fund, at $46 million. 


European fintech Novicap raises €200m for its Credit platform as it hits €1b transaction volume milestone
Published: 14-12-2022 | 09:40:00 | By: Pie Kamau
Novicap, the European fintech providing end-to-end working capital solutions, announced it has raised a €200 million debt facility from London-based asset manager, Fasanara Capital. 


[Column] Thabiso Foto: Can Africa's startup sector keep up its record funding run amidst global turmoil?
Published: 14-12-2022 | 09:07:00 | By: Pie Kamau
Startups have become vital engines of change that can have an outsized impact on an economy. They are crucial in fueling innovation and enhancing economic and digital competitiveness.


Season Group acquires IoT tech startup Pycom to give all connected ideas an opportunity to succeed
Published: 14-12-2022 | 08:59:00 | By: Pie Kamau
Season Group, an international electronics design and manufacturing services provider headquartered in Hong Kong, announced its acquisition of all assets of Pycom, a full stack Internet of Things (IoT) company.


African tech startup SeamlessHR picks Nairobi as its East African Hub
Published: 14-12-2022 | 08:46:00 | By: Pie Kamau
Nigeria’s tech startup SeamlessHR has launched its offices in the Kenyan market, choosing Nairobi as its East African Hub.


Shield AI boosts Series E to $225m to accelerate building world's best AI pilot
Published: 14-12-2022 | 08:37:00 | By: Pie Kamau
Shield AI, a fast-growing defense technology company building AI pilots for aircraft, announced it has raised additional equity capital from the U.S. Innovative Technology Fund (USIT).


Canadian healthtech startup KeyOps raises $4m seed round to fuel expansion in the U.S.
Published: 14-12-2022 | 08:27:00 | By: Pie Kamau
KeyOps, a Toronto-based Insights-as-a-Service (IaaS) startup, announced it has raised $4 million (CAD) in seed funding.


South African early-stage VC firm 4Di Capital announces close of $25m seed fund
Published: 09-12-2022 | 13:22:00 | By: Pie Kamau
South African early-stage technology venture capital fund manager 4Di Capital has announced the close of $25 million seed fund.


First investment of Mastercard Foundation Africa Growth Fund goes to Aruwa Capital Management
Published: 09-12-2022 | 13:05:00 | By: Pie Kamau
The first investment of the Mastercard Foundation Africa Growth Fund has gone to Aruwa Capital Management, a gender-lens $20 million fund dedicated to Nigeria's SMEs, managed by a first-time woman-led fund manager.


Identity verification startup Verified.Africa launches in Kenya
Published: 09-12-2022 | 12:59:00 | By: Pie Kamau
Verified.Africa, the pioneer of ID verification, document verification and digital KYC compliance solutions, announced it has launched in Kenya.


Japanese home health lab startup Bisu collaborates with Polaris Dawn to develop new ways to monitor astronaut health
Published: 05-12-2022 | 11:36:00 | By: Pie Kamau
Traveling in space leads to bone loss, muscle loss, and an increased risk of kidney stone formation, often starting within the first 24 hours of spaceflight as calcium levels in bone and tissue decrease.


Patria Investments announces expansion into venture capital
Published: 05-12-2022 | 11:18:00 | By: Pie Kamau
Patria Investments (Patria), a global alternative asset manager in Latin America, announced the launch of a new Venture Capital strategy, anchored by the acquisition of Igah Ventures, one of the pioneers of the sector in Latin America.


VENCO secures $670K pre-seed funding to deliver digital solutions for residential and commercial properties in Africa
Published: 05-12-2022 | 10:55:00 | By: Pie Kamau
VENCO, a technology company that provides solutions to enhance living experiences in residential and commercial communities in Africa, has secured $670K pre-seed funding round.


Plug and Play Japan selects 74 startups for its Winter/Spring 2023 Batch accelerator program
Published: 05-12-2022 | 10:36:00 | By: Pie Kamau
Global innovation platform, Plug and Play Japan has selected 74 startups from Japan and overseas for the Winter/Spring 2023 Batch accelerator program which will be carried out from December 2022 to March 2023.


HashKey and SEBA Bank partner to accelerate institutional adoption of digital assets in Hong Kong and Switzerland
Published: 05-12-2022 | 10:18:00 | By: Pie Kamau
HashKey and SEBA Bank announced a partnership to leverage their digital asset service offerings as well as custody and asset management products to accelerate institutional adoption of digital assets.


Israeli blockchain security startup CyVers raises $8m to bring proactive security to Web3 economy
Published: 05-12-2022 | 09:56:00 | By: Pie Kamau
CyVers, the provider of state-of-the-art proactive Web3 Security for the centralized, decentralized finance and smart contract applications via detection and interception of crypto attacks across blockchains, announced a $8 million in funding.


645 Ventures closes $347m fourth fund and first opportunity fund to invest in technology startups
Published: 02-12-2022 | 12:17:00 | By: Pie Kamau
645 Ventures, an early-stage venture capital firm that partners with exceptional founders building iconic technology companies, announced its oversubscribed fourth fund, Fund IV, alongside the launch of the firm's first opportunity fund, Select I.


Canadian B2B automotive trading startup TRADE X opens new trading facilities in Kenya
Published: 02-12-2022 | 11:56:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform based in Ontario, Canada, announced it has opened a new Kenyan trading corridor, which includes both a shared bonded warehouse in Mombasa and an office in Nairobi.


[Nebulab Case] How this e-Commerce tech studio went global to fight talent shortage and improve diversity
Published: 02-12-2022 | 11:42:00 | By: Pie Kamau
Hiring talent has become one of the top challenges for technology companies. The global talent shortage and emerging trends have made finding and retaining skilled professionals more difficult.


Identity hygiene startup SPHERE raises $31m Series B funding to accelerate growth, expand its SaaS platform
Published: 02-12-2022 | 11:21:00 | By: Pie Kamau
SPHERE Technology Solutions (SPHERE), a pioneer in identity hygiene, announced a $31 million Series B investment led by Edison Partners, a Princeton-based growth equity firm.


Yida Gao and Shima Capital invest in Web3 gaming startup Midnight
Published: 02-12-2022 | 10:52:00 | By: Pie Kamau
Shima Capital, led by founder and Managing General Partner Yida Gao, announced their investment in Web3 gaming startup Midnight.


Swedish automotive manufacturer Scania launches Scania Growth Capital II at €182.8m
Published: 01-12-2022 | 11:32:00 | By: Pie Kamau
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.


Netail closes $5m seed funding to advance retail-focused AI development
Published: 01-12-2022 | 10:54:00 | By: Pie Kamau
Netail, a technology that enables retailers to auto-identify competitors across the internet and track their assortments, availability and optimize prices in real time, announced the closing of $5 million in seed funding.


Travel startup Wander raises $100m credit facility from Credit Suisse to scale smart vacation homes across the U.S.
Published: 01-12-2022 | 10:36:00 | By: Pie Kamau
Wander, a travel startup with a network of smart vacation homes, announced it has closed a $100 million credit facility with Zürich-based Credit Suisse, a global investment bank and financial services firm.


StartupOS launches platform for early-stage startups
Published: 01-12-2022 | 10:08:00 | By: Pie Kamau
StartupOS announced it has launched a platform for early-stage startups that provides free access to the business tools, guidance, mentors, and investors that founders need to accelerate the growth of their company and raise capital.


Nigerian foodtech Orda raises $3.4m seed round to digitize African restaurants
Published: 01-12-2022 | 09:48:00 | By: Pie Kamau
Nigerian foodtech platform Orda announced has raised a $3.4 million seed round to further digitize food businesses across the continent.


IBM announces five members selected for its Sustainability Accelerator programme
Published: 22-11-2022 | 10:04:00 | By: Pie Kamau
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
Published: 18-11-2022 | 10:26:00 | By: Pie Kamau
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
Published: 18-11-2022 | 09:57:00 | By: Pie Kamau
SE Ventures announced a €500 million Fund II establishing the firm as one of the largest VCs focusing on climate and industrial technology.


French battery startup Verkor raises more than €250m financing for its innovation centre
Published: 07-11-2022 | 09:51:00 | By: Pie Kamau
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.


UK-based climate tech startup Levidian secures £12m investment from Baker Hughes to scale growth
Published: 21-10-2022 | 10:17:00 | By: Pie Kamau
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
Published: 21-10-2022 | 09:19:00 | By: Pie Kamau
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
Published: 17-10-2022 | 15:45:00 | By: Pie Kamau
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
Published: 10-10-2022 | 13:50:00 | By: Pie Kamau
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
Published: 07-10-2022 | 10:45:00 | By: Bob Koigi
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
Published: 30-09-2022 | 10:38:00 | By: Pie Kamau
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
Published: 23-09-2022 | 10:10:00 | By: Pie Kamau
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.


Decentralized renewables are pointing entrepreneurs to sustainable jobs, report
Published: 21-09-2022 | 14:15:00 | By: Bob Koigi
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
Published: 21-09-2022 | 11:32:00 | By: Pie Kamau
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
Published: 14-09-2022 | 15:26:00 | By: Pie Kamau
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
Published: 09-09-2022 | 12:45:00 | By: Pie Kamau
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.


Octopus rolls out €220m to drive green power generation, backs Exagen to build UK’s largest battery
Published: 26-08-2022 | 14:24:00 | By: Pie Kamau
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
Published: 26-08-2022 | 13:28:00 | By: Pie Kamau
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
Published: 19-08-2022 | 11:32:53 | By: Pie Kamau
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
Published: 02-08-2022 | 14:43:00 | By: Pie Kamau
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
Published: 27-07-2022 | 15:43:00 | By: Pie Kamau
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
Published: 12-07-2022 | 16:25:00 | By: Pie Kamau
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
Published: 12-07-2022 | 15:05:00 | By: Pie Kamau
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
Published: 29-06-2022 | 13:58:00 | By: Pie Kamau
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
Published: 27-06-2022 | 12:44:00 | By: Pie Kamau
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
Published: 24-06-2022 | 11:27:00 | By: Pie Kamau
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
Published: 15-06-2022 | 11:01:00 | By: Pie Kamau
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
Published: 13-06-2022 | 15:10:00 | By: Pie Kamau
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.


Vancouver cleantech startup VoltSafe introduces electrical technology to reduce the effects of inflation
Published: 02-06-2022 | 16:13:00 | By: Pie Kamau
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
Published: 02-06-2022 | 15:45:00 | By: Pie Kamau
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.


Climate tech startup Station A launches Clean Energy Grades to instantly generate financial and carbon savings
Published: 31-03-2022 | 13:04:44 | By: Pie Kamau
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
Published: 29-03-2022 | 13:48:00 | By: Pie Kamau
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
Published: 11-03-2022 | 13:08:00 | By: Pie Kamau
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.


5G Open Innovation Lab selects MetaPower to join its startup development program
Published: 09-03-2022 | 11:32:00 | By: Pie Kamau
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
Published: 02-03-2022 | 13:20:00 | By: Pie Kamau
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
Published: 01-03-2022 | 11:58:00 | By: Pie Kamau
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
Published: 15-02-2022 | 11:54:29 | By: Pie Kamau
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
Published: 14-02-2022 | 10:33:00 | By: Pie Kamau
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
Published: 02-02-2022 | 13:04:00 | By: Pie Kamau
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
Published: 02-02-2022 | 12:27:00 | By: Pie Kamau
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
Published: 25-01-2022 | 15:42:00 | By: Pie Kamau
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.


Berlin-based clean energy startup Ostrom raises €4.4m to make transition to green energy convenient and affordable
Published: 12-01-2022 | 13:30:00 | By: Pie Kamau
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
Published: 15-12-2021 | 12:03:00 | By: Pie Kamau
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
Published: 15-12-2021 | 11:48:48 | By: Pie Kamau
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
Published: 09-12-2021 | 07:41:51 | By: Bob Koigi
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
Published: 03-12-2021 | 15:41:32 | By: Bob Koigi
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.


Estonian-based fintech startup Fairown secures €4.2 Million funding to invest in waste reduction
Published: 09-11-2021 | 17:12:17 | By: Bob Koigi
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
Published: 09-11-2021 | 17:08:46 | By: Bob Koigi
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
Published: 20-10-2021 | 11:34:20 | By: Bob Koigi
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
Published: 15-10-2021 | 12:01:00 | By: Pie Kamau
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
Published: 08-10-2021 | 13:54:00 | By: Pie Kamau
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
Published: 08-10-2021 | 13:37:00 | By: Pie Kamau
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
Published: 28-09-2021 | 15:12:00 | By: Pie Kamau
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
Published: 23-09-2021 | 16:15:00 | By: Pie Kamau
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
Published: 23-09-2021 | 15:43:00 | By: Pie Kamau
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
Published: 21-09-2021 | 09:45:00 | By: Pie Kamau
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
Published: 15-09-2021 | 16:31:00 | By: Pie Kamau
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
Published: 08-09-2021 | 13:13:00 | By: Pie Kamau
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
Published: 30-08-2021 | 10:30:00 | By: Bob Koigi
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
Published: 20-08-2021 | 11:55:00 | By: Pie Kamau
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
Published: 19-08-2021 | 12:15:00 | By: Pie Kamau
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
Published: 03-08-2021 | 12:41:00 | By: Pie Kamau
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
Published: 28-07-2021 | 15:20:00 | By: Pie Kamau
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
Published: 23-07-2021 | 15:13:00 | By: Pie Kamau
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
Published: 22-07-2021 | 12:53:00 | By: Pie Kamau
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
Published: 14-07-2021 | 12:48:00 | By: Pie Kamau
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
Published: 08-07-2021 | 11:02:00 | By: Pie Kamau
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
Published: 23-06-2021 | 10:05:00 | By: Pie Kamau
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
Published: 07-06-2021 | 14:45:00 | By: Pie Kamau
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
Published: 07-06-2021 | 14:29:00 | By: Pie Kamau
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
Published: 03-06-2021 | 13:46:00 | By: Pie Kamau
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
Published: 01-06-2021 | 11:28:00 | By: Pie Kamau
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
Published: 24-05-2021 | 14:02:00 | By: Pie Kamau
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
Published: 20-05-2021 | 15:38:00 | By: Pie Kamau
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
Published: 13-05-2021 | 12:11:57 | By: Pie Kamau
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
Published: 06-05-2021 | 11:12:00 | By: Pie Kamau
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
Published: 05-05-2021 | 16:02:56 | By: Pie Kamau
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
Published: 27-04-2021 | 10:20:47 | By: Pie Kamau
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
Published: 26-04-2021 | 13:30:43 | By: Pie Kamau
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
Published: 23-04-2021 | 09:32:00 | By: Pie Kamau
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
Published: 16-04-2021 | 09:23:09 | By: Pie Kamau
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
Published: 13-04-2021 | 14:21:14 | By: Pie Kamau
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
Published: 12-04-2021 | 13:33:00 | By: Pie Kamau
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
Published: 12-04-2021 | 12:36:00 | By: Pie Kamau
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
Published: 12-04-2021 | 12:21:00 | By: Pie Kamau
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
Published: 09-04-2021 | 11:30:00 | By: Pie Kamau
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
Published: 02-04-2021 | 10:31:34 | By: Bob Koigi
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
Published: 30-03-2021 | 11:41:00 | By: Pie Kamau
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
Published: 16-03-2021 | 15:28:00 | By: Pie Kamau
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
Published: 11-03-2021 | 09:14:00 | By: Pie Kamau
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
Published: 18-02-2021 | 10:58:00 | By: Pie Kamau
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
Published: 16-02-2021 | 10:25:00 | By: Pie Kamau
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
Published: 29-01-2021 | 14:58:00 | By: Pie Kamau
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
Published: 18-01-2021 | 17:20:00 | By: Pie Kamau
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
Published: 18-01-2021 | 17:00:00 | By: Pie Kamau
Tigo Energy, the worldwide leader in Flex-MLPE (Module Level Power Electronics), announced a $20 million round of investment, led by Energy Growth Momentum.


Chevron invests in carbon capture and utilization startup Blue Planet
Published: 15-01-2021 | 11:01:40 | By: Pie Kamau
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
Published: 14-01-2021 | 10:18:00 | By: Pie Kamau
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
Published: 14-01-2021 | 08:12:00 | By: Bob Koigi
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
Published: 09-12-2020 | 08:58:00 | By: Pie Kamau
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
Published: 30-11-2020 | 14:33:00 | By: Pie Kamau
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
Published: 20-11-2020 | 12:32:00 | By: Pie Kamau
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
Published: 16-11-2020 | 13:24:00 | By: Pie Kamau
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
Published: 11-11-2020 | 15:13:00 | By: Pie Kamau
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
Published: 10-11-2020 | 12:19:00 | By: Pie Kamau
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.


Cleantech startup Skeleton Technologies joins European Clean Hydrogen Alliance
Published: 03-11-2020 | 11:57:00 | By: Pie Kamau
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
Published: 03-11-2020 | 11:24:00 | By: Pie Kamau
Skeleton Technologies, global cleantech 100 company and largest European manufacturer of ultracapacitor-based energy storage, has completed a €41.3 million financing round.


Dutch tech startup Avy completes successful test flight with first solar fixed-wing drone
Published: 23-10-2020 | 11:46:00 | By: Pie Kamau
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
Published: 23-10-2020 | 10:17:00 | By: Pie Kamau
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
Published: 07-10-2020 | 13:18:00 | By: Pie Kamau
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.


Enel expands into Canadian innovation ecosystem partnership with MaRS
Published: 01-10-2020 | 14:23:12 | By: Pie Kamau
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
Published: 19-09-2020 | 10:54:00 | By: Bob Koigi
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
Published: 18-09-2020 | 12:02:00 | By: Pie Kamau
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
Published: 31-08-2020 | 15:44:00 | By: Pie Kamau
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
Published: 26-08-2020 | 15:50:00 | By: Pie Kamau
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.


Nigeria Climate Innovation Centre incubates 12 renewable energy startups
Published: 20-08-2020 | 15:51:09 | By: Bob Koigi
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.


U.S. startup WiBotic receives industry-first FCC approval for high power wireless charging
Published: 07-08-2020 | 14:56:00 | By: Pie Kamau
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
Published: 03-08-2020 | 15:39:00 | By: Pie Kamau
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
Published: 30-07-2020 | 16:45:00 | By: Pie Kamau
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
Published: 21-07-2020 | 15:25:00 | By: Pie Kamau
PayGo Energy, an Energy Access Ventures portfolio company, has secured a strategic investment from Saisan, a leading Japanese energy company.


IFC helps boost clean tech startups in Egypt, enables farmers switch to solar
Published: 15-07-2020 | 12:41:00 | By: Pie Kamau
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
Published: 14-07-2020 | 08:36:00 | By: Pie Kamau
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.


The Digital Africa seed fund off to a promising start, offers customized support for African startups
Published: 10-07-2020 | 12:46:00 | By: Pie Kamau
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
Published: 10-07-2020 | 11:09:00 | By: Pie Kamau
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
Published: 03-07-2020 | 11:07:00 | By: Pie Kamau
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
Published: 19-06-2020 | 15:18:30 | By: Bob Koigi
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
Published: 11-06-2020 | 10:25:00 | By: Bob Koigi
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
Published: 09-06-2020 | 13:34:00 | By: Pie Kamau
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.


[Startup Interview] Rense van Dijk, CEO, Woon Duurzaam, The Netherlands
Published: 04-06-2020 | 17:13:00 | By: Bob Koigi
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
Published: 04-06-2020 | 09:14:00 | By: Pie Kamau
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.