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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.
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.
LinkedIn names renewable power producer BrightNight as top U.S. startup
BrightNight has been named as top U.S. startup by LinkedIn.
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.
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.
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.
ev.energy secures $33m funding to drive electric vehicle-grid integration in North America and Europe
ev.energy announced its $33m Series B raise.
World Bank awards 10 Southern African fintech startups with $5k each
10 Southern African fintech startups have each received $5,000 from the World Bank.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Web3 digital identity startup Unstoppable Domains raises $65m Series A funding at $1b valuation
Unstoppable Domains, the platform for Web3 digital identity with more than 2.5 million registered NFT domains, announced it has closed $65 million in Series A funding at a $1 billion valuation.
London-based startup Geomiq raises $8.5m to digitize manufacturing and deliver industry leading service levels
London-based startup Geomiq announced it has raised $8.5 million funding to digitize global manufacturing and deliver industry leading service levels for Engineers and Procurement teams.
Web3 startup Book Token launches eBooks on Chain, sells $100K worth of eBooks
Dallas-based startup, Book Token (Booktoken.io), has brought books to the blockchain with the launch of its first eBook, the Gutenberg Bible - in recognition of the printing press technology created by Johannes Gutenberg.
Olympus Innovation Ventures backs endoscopy video and AI startup Virgo
Olympus announced that the company's venture capital fund, Olympus Innovation Ventures, completed its first investment, participating in the Series A financing of Virgo Surgical Video Solutions (Virgo) of Carlsbad, California.
Globant's Be Kind Tech Fund invests in ping voice technology platform to help get drivers home safely
Globant, a digitally native company focused on reinventing businesses through innovative technology solutions, announced that its Be Kind Tech Fund has invested in ping, a U.S.-based voice platform company.
Cryptocurrency startup Coinfeeds raises $2m seed round, launches Web3 community monitoring app
Coinfeeds announced that it has raised a $2 million seed round led by FTX Ventures, Coinbase Ventures, Protocol Labs (IPFS / Filecoin), Huobi Ventures, and startup accelerator Y Combinator.
Immigrants have started more than half of America's billion-dollar startup companies, study
Immigrants have started more than half (319 of 582, or 55%) of America's startup companies valued at $1 billion or more, according to a new study from the National Foundation for American Policy (NFAP), a nonpartisan research organization.
Mymee acquires Berlin-based healthtech startup Breakthrough Health to scale growth
Mymee, the provider of specialized care and support for people with significant symptoms associated with autoimmune disease and long COVID, has acquired Berlin-based Breakthrough Health, the creator of the #1 mobile app Emilyn for people with multiple sclerosis (MS).
Fintech startup CoinFlip raises $1m initiative to support emerging Web 3.0 startups
CoinFlip, a fintech company powered by cryptocurrency, announced the launch of CoinFlip Ventures, a new initiative that will support Web 3.0 based startup companies.
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.
Madrid-based Seedtag raises over €250m to scale its Contextual AI technology
Seedtag, the leader in contextual advertising in EMEA and LATAM, announced it has raised over €250 million in funding from private equity investor Advent International.
UKI2S expands fund by £37m to accelerate British innovation
The UK Innovation and Science Seed Fund (UKI2S), announced the expansion of its patient capital fund by £37 million, to boost support of British innovation.
Data security startup Sotero closes $8m seed extension funding round to accelerate growth
Sotero, the leader in revolutionary data security, announced a $8 million extension of their seed round, bringing the round to a total of $13 million.
Fintech startup Bizao raises €8m Series A funding to accelerate its footprint across Africa
Bizao, a fintech that facilitates payments for both local and international businesses operating in Africa, announced a €8 million Series A funding to accelerate its geographical footprint across the continent and invest in the design of new lines of products and services.
Omaha-based startup Workshop raises $5m to streamline internal email and communications
Workshop, a delightful platform for distributing and measuring internal email and communications, has raised $5.2 million in additional seed funding. The round was led by McCarthy Capital out of their Emerging Growth strategy.
Nigerian fintech infrastructure startup Bloc acquires payments company Orchestrate
Bloc, the Nigerian fintech infrastructure provider, has announced the acquisition of Orchestrate (previously Getwallets), a proprietary payments orchestration startup that gives businesses instant access to multiple payment providers with one integration.
Singapore-based music startup SpiderVille raises $1m pre-seed funding to accelerate Web3 music adoption
SpiderVille, a Singapore-based Web3 music startup, announced it has raised a $1 million pre-seed round from Contents Technologies, Samsung Next, and other notable angel investors.
ComplyCube partners with Capital Pilot to back high-growth startups in the UK
ComplyCube, the global verification platform, has partnered with Capital Pilot, the Startup Rating Agency, to provide state-of-the-art KYC verification for Boost Fund I, the UK's first automated high-volume startup investment fund.
German startup Lumiform closes €6.4m to boost deskless worker app
Berlin-based deskless worker platform Lumiform has closed €6.4 million Series A financing round, led by Capnamic.
Boeing, AE Industrial Partners launch second venture fund to invest in innovative aerospace and defense startups
Boeing has committed a $50 million investment in AEI HorizonX, a partnership the company established with private equity firm AE Industrial Partners to invest in transformative aerospace technologies.
Agritech startup Lumo raises $2.1m to tackle the global water insecurity crisis
Lumo, a new agritech company focused on water sustainability, announced it has raised $2.1 million in pre-seed funding and plans to allocate funds toward commercialization of its irrigation technology.
Sudanese fintech startup Bloom nabs $6.5m backed by Y Combinator, GFC and Visa
Bloom, a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, announced it has raised a $6.5 million seed round, after an undisclosed pre-seed round last year.
Surgical Intelligence startup Theator extends Series A funding with additional $24m for a total of $39.5m
Theator, the creator of Surgical Intelligence, announced it has raised $24 million in an extension of its Series A funding round.
Cyber security startup Anvilogic raises $25m Series B funding to modernize security operations
Anvilogic, a modern security operations platform that brings a cloud-based security data lake to life, announced the company's $25 million Series B funding.
TaskHuman startup raises $20m Series B funding to expand its virtual coaching platform
TaskHuman, the 1:1 digital coaching platform, has raised $20 million in Series B funding to amplify human well-being and productivity in a digital world.
InterApp startup raises $1.2m to bring mass adoption of AR as a necessary consumer utility tool
Sacramento, CA based startup InterApp announced it has raised $1.2 million in pre-seed funding, to double down on early marketing efforts and acquire 10% of the Total Addressable Market (TAM) within 12 months.
Irish digital identity startup valid8Me secures €12.5m investment to increase headcount, accelerate growth
valid8Me, the digital identity SAAS platform, announced that Grant Thornton Ireland are investing €12.5million in the company.
AfricInvest and Cathay Innovation complete final close of €110m Pan-African venture fund
Africa’s multi-asset investment platform AfricInvest and global venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African venture fund, Cathay AfricInvest Innovation Fund (CAIF), at €110 million.
South Africa’s student housing startup DigsConnect secures investment to spearhead international growth
DigsConnect.com, South Africa’s digital student accommodation platform, announced the closure of its Pre-Series A seed extension round after securing undisclosed multi-million rand investment.
Yamaha partners with Nigerian startup MAX for vehicle financing and maintenance
Moto Business Service Nigeria (MBSN), a subsidiary of Japan’s Yamaha Motor Corporation, announced a strategic partnership with Metro Africa Xpress (MAX), to finance and maintain over 50,000 vehicles over the next 2 years.
African accelerator for European scaleups Chapter54 now in full swing
Chapter54, the first accelerator dedicated to European scaleups wishing to expand into African markets, launched in January 2022 by Partech, has started to support its first batch of European scaleups.
Pan-African talent marketplace Gebeya announces new innovation to accelerate hiring freelance professionals
Gebeya, the Pan-African marketplace for freelance professional talent, announced a new innovation to accelerate a more stable, dynamic African tech talent infrastructure.
French insurtech startup Orus raises €5m to reinvent professional insurance for SMEs
Orus, the insurtech company for small businesses, announced it has raised €5 million from Frst, Partech, Portage Ventures and around twenty business angels.
HiddenLayer startup emerges from stealth mode, raises $6m seed funding to protect AI-powered products
HiddenLayer startup announced it has emerged from stealth mode to launch its flagship product, after raising $6 million in seed funding led by Ten Eleven Ventures.
D3 launches first cohort of startups to accelerate scaling of carbon dioxide removal solutions
Global climate technology accelerator Third Derivative (D3), has launched a focused cohort of five promising startups working on durable carbon dioxide removal (CDR) solutions.
Social impact fintech DreamStart Labs partners with BRAC Bank to reach unbanked women in Bangladesh
DreamStart Labs, a fintech for emerging markets, and BRAC Bank, a commercial bank in Bangladesh, have entered into an agreement to provide digital financial services to unbanked women in Bangladesh.
Novelis partners with recycling startup Sortera Alloys to recycle automotive post-production and consumer scrap
Novelis, a sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, announced a strategic partnership with Sortera Alloys, an industrial scrap metal sorting and recycling company.
Virginia-based fashion tech startup Circ raises $30m funding to expand recycle clothing, eliminate waste
The circular fashion company Circ announced over $30 million in Series B funding backed by some of the largest international apparel companies and venture capital firms.
Japanese open-source autonomous driving startup TIER IV launches $300m green autonomous driving project
TIER IV, an open-source autonomous driving startup, announced it has received a grant from the Green Innovation Fund Projects (GI Fund) for research and development of autonomous driving software platforms.
Oslo-based DevOps startup Kosli set to launch free tier for developers
Oslo-based software startup Kosli announced it will launch a free tier of its SaaS later this summer. Founded in 2019 as a compliance automation platform for regulated DevOps teams in sectors like fintech, Kosli will now offer a much broader set of use cases for developers in all industries.
Carbon Business Council launches to create a seat at the policy table for carbon management startups
The Carbon Business Council (CO2BC) has launched, to advocate for early-stage companies focused on removing, utilizing, and managing carbon dioxide.
DivInc Houston launches inaugural Women in Tech Accelerator with title sponsor SheSpace
DivInc, the premier startup accelerator for people of color and women entrepreneurs, announced the launch of its first Women in Tech Accelerator made possible through Houston title sponsor, SheSpace.
917Ventures partners with AC Ventures to explore business opportunities, grow ecosystem in Philippines
917Ventures has partnered with AC Ventures, a subsidiary of Filipino conglomerate Ayala, to explore business opportunities and grow its ecosystem.
Canvas Medical achieves ONC certification, raises $24m to power clinicians and developers scaling digital health companies
Canvas Medical, the EMR that enables clinicians and developers to power the future of care delivery, raised $24 million in Series B funding led by M13 with participation from Haystack.
Insight Partners announces Enterprise Technology Exchange to drive unparalleled innovation within the enterprise software sector
Global software investor Insight Partners announced the establishment of its Enterprise Technology Exchange, a council of preeminent technology leaders in Europe and North America.
Stori becomes Mexico's newest Unicorn after raising $150m round of financing, valuing the startup at $1.2b
Stori, a fintech company offering credit card products to Mexico's underserved population, announced a $150 million round of financing, valuing the company at $1.2 billion, achieving a "Unicorn" status.
Why you should implement cryptocurrency payments into your e-Commerce website, Remuno
Crypto is one of the biggest aspects of modern finance and technology. For businesses, this revenue stream could provide major boosts to sales numbers, with crypto payments giving customers more freedom while also bringing benefits.
The African Business Roundtable Project Preparation Masterclass Free Webinar, July 27
After discussions with a variety of advisory and investment institutions, and to further attract investment to projects, the African Business Roundtable Secretariat in association with Afreximbank has designed the “Project Preparation Masterclass”.
Lithuanian startup Elinta Charge raises €7m to accelerate EV charging solutions
AVIA Capital and LitCapital have invested €7 million in Elinta Charge, a Lithuanian developer and manufacturer of electric vehicle (EV) charging solutions, to support R&D, development of new products and further international expansion in the fast-growing e-mobility market.
London-based soccer game startup CLUB closes $3.1m seed round for the first F2P and Play-and-Earn soccer ownership game
CLUB, the independent studio behind CLUB Game, the first free-to-play (F2P), play-and-earn soccer game that allows you to create and sell your own real-player soccer club, has secured its first major round of funding.
Flagstar Bank completes third MortgageTech Accelerator program
Flagstar Bank announced it has wrapped up its third MortgageTech Accelerator program - the first and only accelerator in the United States solely dedicated to mortgage technology.
YC-backed startup Bobidi raises $5.8m to build global bug bounty platform for AI models
Bobidi, an AI model test platform, announced it has raised $5.8 million in seed funding from Y Combinator, We Ventures, Hyundai Motors Group ZER01NE, Scrum Ventures, NPE, Meta, Lotte Ventures, Atlas Pac Capital, and angel investors.
Michigan-based edtech startup Alchemie earns $1m grant for accessible learning for STEM
Alchemie, an educational technology company based in Troy, Michigan, announced it has received a prestigious one-million-dollar Small Business Innovative Research (SBIR) grant from the Department of Education's Institute of Education Sciences.
Mixed bag for U.S. startup ecosystem as market outlook remains uncertain - PitchBook, NVCA report
Despite an uncertain macroeconomic environment, US venture capital (VC) deal activity in the first half of 2022 was strong, according to the Q2 2022 PitchBook-NVCA Venture Monitor.
Israeli tech startup AI21 Labs raises $64m to change the way people read and write using artificial intelligence
AI21 Labs, an Israeli startup aiming to fundamentally change the way people read and write, announced the completion of its $64 million series B funding round, bringing the company's valuation to $664 million.
Microlearning startup Arist raises $12m to reimagine workplace learning for a new generation
Arist announced that it has raised $12 million in a Series A funding round led by pioneering growth-stage business software investor PeakSpan Capital, accompanied by Rainfall Ventures.
Austin-based startup Sumatra raises $1.5m seed round to launch real-time data platform
Sumatra, an Austin-based real-time data platform company, announced that it has secured $1.5 million in seed financing led by S3 Ventures with participation from Sentiero Ventures, Data Power Ventures, and AI Sprouts.
Ukrainian and Dutch-based startup Cloudprinter.com raises €7m seed funding to grow its global print API platform
Cloudprinter.com, the Ukrainian and Dutch-based global print API platform raised €7 missed in a seed round led by Capital Mills.
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.
Magic Eden launches Magic Ventures to focus on Web3 gaming investments
Magic Eden, the destination for NFTs, announced the launch of Magic Ventures, a venture arm that will focus on investing in Web3 games.
Healthtech startup Arise raises over $4m to build inclusive eating disorder treatment and mental health support
Arise, the digital healthcare company enabling comprehensive care for eating disorders, mental health, and long-term healing, has launched after raising over $4 million in a seed funding round.
Carbon to Value Initiative announces year two startup cohort for carbontech accelerator program
The Carbon to Value Initiative (C2V Initiative), has selected eight startups for the second year of its carbontech accelerator program in partnership with Fluor Corporation, the initiative's Year Two Cohort Champion.
Canadian biotech startup Spiderwort secures $13.2m financing to accelerate clinical trials of biomaterials
Spiderwort, the biotech company innovating in cellulose-based tissue scaffolding to treat acute spinal cord injuries, announced the successful completion of its $13.2 million Series A financing.
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.
[Column] Patrick Ndegwa: Is 2022 the year for African startups?
Africa is the place to be if you want to discover and support new ideas. According to a Substack newsletter titled Africa: The Big Deal, the continent was the recipient of startup deals worth a combined $4.27 billion
Qiming Venture Partners closes $3.2b funds to back early and growth stage tech startups in China
China based venture capital firm Qiming Venture Partners announced the closing of $3.2 billion, including USD Fund VIII at $2.5 billion and the first closing of RMB Fund VII at $700 million.
Nigerian fintech startup CARMACHAIN hits over 80 million consumer profiles
Nigerian fintech startup CARMACHAIN announced it has hit over 80 million consumer profiles. This milestone is a major move for CARMACHAIN as it takes another step forward in realising its mission of decentralising data.
Quantitative investment firm Hidden Road raises $50m to accelerate access to traditional and digital markets
Hidden Road, the global credit network for institutional investors, announced the closing of $50 million Series A funding, led by Castle Island Ventures,
Automotive B2B marketplace APFusion raises $6.5m in series seed financing to expand its platform
APFusion, the automotive B2B marketplace and SaaS company focused on modernizing the auto salvage industry, secured $6.5 million in series seed financing bringing the company's total financing to $7 million.
Blockchain security startup BlockSec closes $8m funding round to accelerate growth
Blockchain security startup BlockSec announced the completion of $8 million seed plus round of funding, to expand its research and production team and provide the on-chain monitoring and attack interception capability.
Kenyan healthtech startup AfyaRekod launches Universal Patient Portal for worldwide health data mobility management
Kenyan-based AfyaRekod launched the fully automated Universal Patient Portal – a block-chain driven technology that will transform the face of patient care across Africa and the World.
London-based fintech startup Griffin raises $15m to become the bank fintechs can build on
Griffin, a Banking as a Service (BaaS) fintech firm, announced it has raised $15.5 million funding to launch the OS for embedded finance.
Sabre joins Plug and Play as travel and hospitality partner
Sabre Corporation, a software and technology company powering the global travel industry, announced its partnership with Plug and Play's Travel and Hospitality program headquartered in the heart of Silicon Valley.
Medical Solutions acquires healthcare staffing tech startup Matchwell
Matchwell, the healthcare staffing solution built for today's flexible workforce, announced it has been acquired by Medical Solutions, one of the nation's largest providers of total workforce solutions serving the healthcare industry.
Israeli biotech food colorant startup Phytolon closes $14.5m funding to accelerate growth
Phytolon, the developer of fermentation-based natural food colors, announced it has secured $14.5 million Series A funding, led by DSM Venturing, to further progress its technology towards commercialization.
Stellar Ventures closes $23m fund for next-gen of space entrepreneurs
Stellar Ventures launched its first fund, SV Andromeda Fund LP, which recently held its final closing with over $23 million in capital commitments and the mission to invest in the future of space technology.
ING Ventures invests in OpenFin to accelerate growth across the financial industry
OpenFin, the operating system (OS) of enterprise productivity, announced it has secured a strategic investment from ING Ventures, the venture capital arm of ING.
Simplifyber secures $3.5m seed investment to reinvent how clothing is made with sustainable, advanced Manufacturing
Simplifyber, the creator of the world's first fully-molded garment and shoe uppers made directly from a cellulose-based liquid, announced the closing of a $3.5 million round of seed funding.
Verification platform ComplyCube expands startup assistance program to $50,000
Verification platform ComplyCube, has increased startup assistance to $50,000. The Startup Program supports qualifying businesses with free checks, resources, and consultancy.
Crescent fintech raises $5m pre-seed round, launches platform to help companies improve cash management
Crescent, a fintech best known for crypto-backed high yields, announced it has raised $5 million pre-seed round from strategic angels and tech founders.
Israeli fintech and capital markets startup Deshe Analytics raises $6.5m funding to expand to international markets
Israeli fintech and capital markets startup Deshe Analytics announced a $6.5 million seed funding round led by Group 11.
African fintech Flutterwave appoints Gurbhej Dhillon as new CTO
Flutterwave, Africa’s payments technology company, announced the appointment of former Goldman Sachs’ Managing Director, Gurbhej Dhillon as Chief Technology Officer (CTO).
Nigerian fintech startup Mono launches in Kenya
Mono, a Nigerian fintech startup that builds open banking infrastructure to enable access to customer financial data and bank payments for digital businesses in Africa, announced it has expanded its services to Kenya.
Climentum Capital raises €150m to invest in European early-stage tech startups attacking CO2 emissions
Climentum Capital announced it has raised €150 million for investments into European early-stage tech companies attacking CO2 emissions.
Nemetschek invests in UK-based startup SymTerra to drive digitalization in the construction industry
The Nemetschek Group, one of the software providers for the AEC/O and media & entertainment industries, announced to have invested in the UK-based startup SymTerra, a construction site communications platform.
Neomoon digital bank raises $850k in first seed capital investment round
Neomoon, the digital bank based on stablecoin which offers Latin Americans financial solutions to protect their money from devaluation and facilitate daily transactions, announced the closing of $850k first seed capital investment round.
London-based startup growth agency Tailored Brands rebrands to Ventuure to scale Series A and B startups
Startup growth agency Tailored Brands announced it is rebranding to become Ventuure, to evolve its mission to support Series A and B startups.
Dutch-based startup Backbase raises €120m in growth equity funding
Backbase, creator of the category-leading Engagement Banking platform, raised €120 million in growth equity funding from Motive Partners.
French space-tech startup Leanspace raises €6m to digitalize the space industry via the cloud
Leanspace, the company building the digital infrastructure of the space industry, announced the closing of an oversubscribed seed financing round of €6 million.
London-based invoice intelligence platform Xelix completes $5m Series A funding to accelerate growth
Invoice intelligence platform Xelix announced it has successfully completed the Series A funding round, raising $5 million.
Peterson Ventures raises $140m across Fund IV and Opportunity Fund I to double down on its core strategy
Peterson Ventures, a pre-Series A venture firm that invests across SaaS and digital commerce, announced that it has raised over $140 million in new capital for its Fund IV and Opportunity Fund I.
Bodybuilding.com partners with Retail Ecommerce Ventures to accelerate growth
Bodybuilding.com, the online fitness store, has struck a deal to partner with Retail Ecommerce Ventures (REV), a global leader in e-Commerce with a rapidly growing roster of well-known brands, to accelerate growth.
Entertainment tech startup Virtuosica launches for select artists and U.S. audiences
Entertainment tech startup Virtuosica has launched the beta version of its first product, the Virtuosica virtual concert platform.
Telehealth startup Ria Health secures $18m Series A to scale online alcohol use disorder treatment
Ria Health, a telehealth provider specializing in alcohol use disorder (AUD) treatment, announced the closing of $18 million in Series A funding
Telegraph Hill Partners raises $525m fifth fund for new life science and healthcare investments
Telegraph Hill Partners (THP), a venture capital and growth equity firm dedicated to building life science and healthcare technology businesses, announced it has closed on THP V, a new $525 million investment fund.
BII invests $20m in African mobility fintech Moove to strengthen the informal transport industry
The British International Investment (BII), the UK government’s Development Finance Institution (DFI), announced a $20 million, 4-year structured credit investment in Moove, a mobility fintech democratising access to vehicle ownership in Africa.
Lummus announces successful startup of CATOFIN PDH unit in China
Lummus Technology announced the commissioning and startup of a propane dehydrogenation (PDH) unit at Shandong Ruize Chemical Technology's complex in China.
Zing Data raises $2.4m to bring business intelligence to mobile
Zing Data, a collaborative business intelligence and visualization startup, announced it has raised $2.4 million, led by Kindred Ventures, Correlation Ventures and early backers of Amplitude and Robinhood.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
[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.
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