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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.
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.
Agroforestry startup Propagate raises $10m Series A funding to accelerate growth
Propagate, a commercial agroforestry platform, has closed a $10 million Series A led by Belgium-based The Nest.
Chinese web3 startup Viide shows ambition to leverage advertising through Decentralized Screen Network
Viide, a web3 startup has shown its ambition to leverage the value of web3 advertising in China through its Decentralized Screen Network.
Second Century Ventures expands REACH program to Latin America, opens applications for 2023 program
Second Century Ventures, the strategic investment arm of the National Association of Realtors, announced the expansion of the award-winning REACH technology growth program to Latin America.
Kenyan fintech startup Hisa unveils realtime stocks trading
Fintech startup Hisa has launched an application that allows Kenyans to invest in the stock market directly from their phones using mobile money.
Nigerian fintech startup Pivo raises $2m seed round to accelerate growth
Nigerian fintech startup Pivo, announced the closing of $2 million seed round with participation from Precursor Ventures, Vested World, Y Combinator, FoundersX and existing investor, Mercy Corp Ventures.
Cyndx launches Valer to generate faster and more accurate startup valuations
Cyndx, an AI-powered search and discovery engine built to simplify deal origination, has announced the launch of Valer, the company's new corporate valuation tool.
[ Lithuanian Unicorns] An insatiable hunger to prove their talent drives Lithuanian startups' growth
Smashing its records year by year, Lithuania's startup ecosystem has proved that there're no limits to growth. According to Dealroom.co, over the last five years, it has accelerated 16.6 times and is now valued at €10 billion.
Israeli foodtech startup ChickP raises dairy-free ice cream to new heights
ChickP Protein, a food-tech startup, has introduced chickpea protein isolate for plant-based ice cream. Protein from this ancient crop zeroes in on the non-dairy category to make a tasty plant-based frozen dessert.
Speech AI startup Deepgram completes $47m Series B round to define the future of speech understanding
Speech AI startup Deepgram announced it has raised $47 million in equity funding led by Madrona, with Alkeon participating as a new investor, to define the future of speech understanding.
Canadian SaaS startup Produce8 closes $6m investment to accelerate growth in the future of workforce analytics
Produce8, a startup SaaS company aiming to reduce distractions and increase productivity for distributed and digital-first teams, announced $6 million in funding to support strategic growth.
Belgian coliving startup Cohabs joins forces with real estate investors to accelerate growth
Cohabs, a Brussels-based company specializing in coliving, announced the entry into its capital of three new institutional investors: Ivanhoé Cambridge, Belfius Insurance, and the real estate arm of the Belgian Sovereign Fund (SFPIM - Real Estate).
Medical device startup Nyra Medical closes $20m Series A financing for its transcatheter heart valve repair technology
Nyra Medical, a medical device company that is developing a novel transcatheter mitral valve repair technology, announced the closing of a $20 million Series A financing.
Heidelberg-based FundaMental Pharma launches with €10m seed financing to advance a First-in-Class neuroprotectant
FundaMental Pharma (FundaMental), a preclinical neuroscience company spun out of Heidelberg University, announced it has launched with €10 million in seed financing led by BioGeneration Ventures (BGV).
eureKARE co-leads €5m seed investment in Biomemory which is advancing cutting-edge DNA-based data storage solutions
eureKARE, an innovative investment company for disruptive synthetic biology applications, announced it has co-led a €5 million seed funding round in Biomemory.
MyMonty calls to all banks, MNOs and startups: the time for digitization is now!
In 1998, Mountasser Hachem founded Monty Holding, which has since become a giant in the telco sector, achieving unprecedented global penetration.
New Adevinta Ventures report reveals that B2B Marketplaces outperform other tech segments in VC funding
Adevinta Ventures, the early-stage investment arm of Adevinta, an online classifieds specialist, is launching a new B2B marketplaces report.
Insurtech startup Surround Insurance raises $2.5m seed round to help cconsumers navigate life’s transitions
Insurtech startup Surround Insurance announced that it has closed a $2.5 million seed round led by MassMutual through the MM Catalyst Fund.
Global startups accelerator Luminate partners with Silicon Catalyst to speed development of emerging technologies
Luminate NY, the global accelerator for startups developing optics, photonics, and imaging (OPI) enabled technologies, announced it has formed a strategic partnership with Silicon Catalyst.
Berlin-based AI-powered startup Faircado raises €500K to transform E-commerce into Re-commerce
Faircado, a Berlin-based startup that provides the first AI-powered second-hand shopping assistance, announced it has raised €500,000 in a pre-seed round led by BackBone Ventures.
Check Point Software launches accelerator hub for Israeli cybersecurity startups
Check Point Software Technologies, the provider of cybersecurity solutions globally, has launched its CyberUp program, an initiative that will support Israel’s growing network of cybersecurity startups.
Tanzanian CPG startup Ramani raises $32m to digitize supply chains
Ramani, a Tanzanian startup focused on consumer-packaged goods (CPG) supply chains, has raised $32 million in Series A debt-equity funding to introduce new financial services as it expands its operations.
MadKudu platform secures $18m to accelerate adoption of product-led growth
MadKudu, the Product-Led-Growth (PLG) leader disrupting the software industry, announced today its $18 million Series A led by Felicis.
Rosotics raises $750,000 pre-seed round for novel approach to heavy industry 3D printing
Rosotics, innovators in additive manufacturing, announced $750,000 in pre-seed funding led by Draper Associates.
Beverage startup Hangobi raises capital on StartEngine to accelerate growth
Beverage startup Hangobi announced it is raising capital on SearchEngine to expand its footprint beyond NYC, bringing its healthy drinks to the masses.
[Startup Interview] Assim Gupta, CEO, Closeloop Technologies, USA
Among the solutions it offers include website development, chatbots, ecommerce apps and mobile app development.
London-based workforce management startup Surfboard raises $5m seed round to accelerate growth
London-based startup Surfboard announced it has raised a $5 million seed round. The investment will advance Surfboard's mission of making work more human through building collaborative software.
[Column] Natalia Ahmadian: Four ways to accelerate tech transfer in Europe
The importance of university spin-offs has been recognized for decades. Several studies showed that Tech Transfer is beneficial for social welfare and entrepreneurial activity
[Interview] Jennifer Feaster, Speaker, YouTube Creators Festival
Jennifer Feaster is a Managing Partner at Age Africa, an agency that combines data and creativity to develop performance driven YouTube channels, with unique content optimized for success.
Rutgers MBA alumna Hannah Redmond realizes dream of being an entrepreneur as venture takes off
Hannah Redmond kept retrieving lessons from her MBA classes at Rutgers Business School as she built her startup, Happy Box, from an idea to a ranking on Inc.'s list of fastest-growing companies.
Kenyan supply chain and logistics startup Leta secures $3m pre-seed funding to accelerate growth
Leta, the supply chain and logistics startup driving distribution optimization, announced the close of $3 million Pre-Seed equity round.
Mental health-tech startup Resilience Lab raises $15m to address the U.S. systemic mental health access crisis
Resilience Lab, a mental health-tech company enabling communities of clinicians to collaborate to improve patient access and outcomes, announced it has raised $15 million in Series A funding.
Swiss Web3 payment startup DePay partners with WooCommerce to bring payments to online merchants
Swiss Web3 payment startup DePay, announced it is joining forces with the self-hostable, open-source eCommerce plugin WooCommerce, pushing decentralization further and providing merchants with the ability to have customers send payments directly to their own wallets.
Canadian B2B automotive trading startup TRADE X opens a trade route in Ghana
TRADE X, a B2B cross-border automotive trading platform with its headquarters in Ontario, Canada, announced it has opened a new trade route in Ghana, strengthening the company's presence in Africa.
Kenyan agritech startup Stable Foods raises $600k funding to grow its climate smart smallholder platform
Stable Foods, a Kenyan agritech startup offering a host of solutions to small-scale farmers, has raised $600k funding round, to build out its climate smart smallholder food production platform.
Modus expands to Sub-Saharan Africa with launch of $75m Africa-focused fund
Modus, a Venture Platform operating in MENA comprising VC funds, Venture Builders, and a Corporate Innovation arm, has announced the launch of Modus Africa – a $75 million SDG-focused VC fund that will invest in Africa’s boldest startups.
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.
London-based Vektor AI raises $2.5m pre-seed round to democratize tech talent’s access to professional career advice
Vektor AI, an online platform for one-to-one mentorship and professional career enhancement, announced it has raised a pre-seed round of $2.5 million led by leading early-stage European VC firms.
Big data startup OneSchema raises $6.3m funding round to make ingesting CSV data magical for developers
Big data startup OneSchema announced a $6.3 million funding round led by General Catalyst, with participation from Sequoia Capital, Y Combinator, Elad Gil and Contrary Capital.
Paris-based sustainable deep tech startup FAIRMAT completes €34m Series A round
Fairmat, the Paris-based sustainable deep tech startup pioneering the recycling of advanced materials, announced it has completed its Series A funding round at a total of €34 million.
Silicon Catalyst names EXOKĒRYX as newest portfolio company admitted to the incubator
Silicon Catalyst, the world's only incubator focused exclusively on accelerating semiconductor solutions, announced that EXOKĒRYX has been accepted into the Silicon Catalyst Incubator program.
Pathway Homes partners with social impact technology startup Savi to address student loan debt
Pathway Homes (Pathway), a real estate platform with a mission to create more homeowners, announced it is partnering with impact tech company Savi to offer a tool to help Pathway customers manage their debt burden.
Austrian deep-tech startup Sarcura closes €7m to develop next-generation cell therapy manufacturing platform
Austrian deep-tech startup Sarcura announced the closing of an oversubscribed €7 million Seed Plus funding round to develop a next-generation cell therapy manufacturing platform.
Montreal-based BoostSecurity exits stealth with $12m seed funding to secure the software supply chain
BoostSecurity, the developer-first, zero friction DevSecOps automation platform that builds trust into every step of the software supply chain, has emerged from stealth with $12 million in seed funding.
Silicon Valley startup ArmorCode secures $14m Series A investment to scale AppSecOps platform
ArmorCode, the pioneer in AppSecOps, announced it secured a $14 million Series A investment led by Ballistic Ventures, the venture capital firm solely focused on backing cybersecurity startups.
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.
[Startup Interview] Ganesh Verma, Founder, MoogleLabs, Canada
MoogleLabs is a Canadian startup that leverages emerging technologies like artificial intelligence, machine learning, Blockchain, DevOps, and Metaverse to come up with innovative solutions that help companies become more cost-effective.
[Startup Interview] Neeraj Gupta, Founder, Salonist, Singapore
Neeraj Gupta the founder of Singapore-based startup Salonist explains the inspiration behind setting up the business.
GhanaWeb, Age Africa Agency sponsor YouTube Creators Festival in Ghana
Ghana’s leading online media platform, GhanaWeb, and Age Africa Agency, the foremost YouTube agency with a Multi-Channel Network (MCN) in Africa, are co-sponsoring the second edition of the YouTube Creators Festival.
Belgian health monitoring startup IntelliProve raises €1m to accelerate growth
Belgian health monitoring startup IntelliProve, announced receiving €1 million in investment from The White and Yellow Cross (Dutch: Wit-Gele Kruis), VLAIO, imec.istart Fund and other private investors to fund its market expansion and product development.
Healthtech startup Weo launches smart bottle that amplifies water's health benefits via electrolysis
Weo, a healthtech startup using biotechnology to alter water at the molecular level, announced its official launch of the Weo Bottle, the first-ever portable water bottle that uses electrolysis to enhance the water you drink with the touch of a button.
Healthtech company CardieX acquires wearable sensor startup Blumio
CardieX , a global health technology company focused on cardiovascular disease, today announced that it has acquired all the assets of Blumio, a Silicon Valley based developer of advanced algorithms and technology for cardiovascular sensors.
AI startup Prof Jim auto-converts textbooks into cinematic lessons
Prof Jim is launching out of stealth with one of the first practical applications of generative AI in education. This technology transforms textbooks into visually dynamic online courses.
Demand for seamless, convenient way of shopping increase growth of e-Commerce in Africa
The electronic commerce (e-Commerce) transaction of goods and services between business-to-consumer (B2C), business-to-business (B2B), consumer-to-consumer, and consumer-to-business, has become rampant in this digital age.
Mobility startup BasiGo secures $6.6m funding to accelerate electric bus uptake in Kenya
BasiGo, the first company to introduce electric buses into Kenya, has announced $6.6 million in new funding led by Mobility54.
Global innovation platform Plug and Play to launch crypto and digital assets innovation platform
Global innovation platform Plug and Play, together with founding partners Visa, AllianceBlock, The INX Digital Company, IGT, and Franklin Templeton, has announced the launch of their new Crypto and Digital Assets program.
European software investment firm Round2 Capital completes first closing of €100m software lending fund
European software investment firm Round2 Capital has completed the first close of its second software lending fund with €62 million, expanding its total assets-under-management to €115 million.
Mobile game startup Luckmon raises $1.3m pre-seed round to bring popular casual games reward platform
Luckmon, a casual mobile game development startup based in Irvine, California, has officially announced its early-round pre-seed fundraising has closed on a whopping $1.3 million.
Full-service marketing agency Suite Innovators launches to drive exponential growth for health and wellness tech startups
Suite Innovators announced the launch of its boutique marketing agency dedicated to driving unprecedented levels of growth and acclaim for health, wellness, and fitness technology startups.
Burns & Levinson names Robert Chow as Co-Chair of Venture Capital and Emerging Companies Group
Burns & Levinson announced that partner Robert Chow has been named Co-Chair of the firm's Venture Capital & Emerging Companies Group.
Singapore-based VentureBlick launches global search for healthcare startups
VentureBlick, a fundraising platform matching healthcare startups with medical investors, has launched its worldwide search to identify promising healthcare startups for the medical community to evaluate, advise, and fund.
Katapult launches startup accelerator in Kigali, Rwanda
Katapult Africa announced the launch of its Accelerator program in Kigali, Rwanda, welcoming 9 companies to the Katapult portfolio.
London-based zero-trust enterprise browser SURF launches out of stealth with seed investment round
New zero-trust enterprise browser SURF, announced it has launched out of stealth with an investment round led by 11.2 Capital, Okta Ventures, Mango Capital and security-focused Angel investors.
Ultra-convenient healthy meals startup Proper Good closes seed funding to bring absurdly delicious products
PROPER GOOD, an ultra-convenient home-delivered food service company that offers nutritious prepared meals made with simple and high quality ingredients, announced the closing of $3.5 million in seed funding.
SaaS startup ProsperStack raises $2m seed round to accelerate growth
ProsperStack, a pioneeer in cancellation flow software boasting the ability to reduce subscriber churn by up to 30%, announced the closing of $2 million Seed round, led by Sandalphon Capital.
Gen-Z founded Voyce.Me closes seed round at $2.5m led by Torch Capital
Voyce.Me, a first-of-its-kind manga and webtoon creator platform founded by 21-year-old Dylan Telano, closed a seed round at $2.5 million led by Torch Capital.
Silicon Valley based IoT startup MODE announces new funding to accelerate growth
MODE, a Silicon Valley based IoT solutions provider, announced it has raised funds from Panasonic Corporation (Panasonic), a corporate venture capital (CVC) fund jointly managed with SBI Investment.
Nigerian money app Kuda launches in the UK
Nigerian money app Kuda, announced it is launching in the UK as part of a global expansion drive with a view to serving the cross-border transfer needs of UK-based Nigerians.
Israeli DevOps startup Port raises $7m to build an internal developer portal that fits any engineering organization
Israeli DevOps startup Port announced it had raised $7 million in seed funding for its comprehensive builder-based internal developer portal. The seed round was led by TLV Partners.
Service industry career platform WorkTorch raises $2.2m additional funding and rebrand from QuickHire
WorkTorch, a fast-growing service industry career platform, announced a $2.2 million seed round, led by Tenzing Capital out of Wichita, Kansas.
Swedish startup Finch secures €2.5m funding to spearhead the shift from manual to generative workflows in the AEC industry
Swedish startup Finch announced it has secured €2.5 million funding to spearhead the shift from manual to generative and data-driven workflows in the architecture, engineering and construction (AEC) industry.
Kenyan logistics startup Sendy raises funding from Japanese VC MOL PLUS to accelerate growth
Kenyan fulfillment and logistics startup Sendy, announced it has received funding from MOL PLUS the Corporate Venture Capital of Japanese transport firm Mitsui O.S.K. Lines (MOL).
Digital solutions startup Bantoo joins the Smart Africa Alliance
The Smart Africa Alliance announced it has welcomed digital solutions platform Bantoo to the alliance, to advance technological developments in the continent.
Biotech startup Avstera Therapeutics closes seed round to advance its lead programs targeting solid tumors
Avstera Therapeutics, a biotechnology company based in the Philadelphia area, has announced the completion of its seed round to advance its lead cancer programs geared towards targeting solid tumors.
Vouch partners with Capsule to support startups internationally
Capsule, a specialist insurance provider to high-growth companies in the UK, announced a partnership with Vouch, a San Francisco-based insurance platform that provides business insurance for high-growth technology startups in the US.
Dutch fintech venture Yabx expands into Nigeria
Yabx, a fintech venture headquartered at Netherlands, announced its foray into Nigerian markets with a mission to democratize credit across the country with its digital lending offerings.
Startup Wise Guys selects the second batch of participants for Africa-dedicated fund
Startup Wise Guys (SWG), Europe’s startup accelerator and one of its most active investment funds, has selected the second batch of participants for its €7.5 million fund for African startup investment.
Climate tech VC firm Satgana announces first closing of its fund with €30m target size
Climate tech venture capital firm Satgana announced the first closing of a target €30 million VC fund to back the next generation of purpose-driven entrepreneurs building the Future of Earth.
Munich-based startup Flowers Software secures $3.2m in seed to bring enterprise-grade workflow automation to SMBss
Flowers Software, an organizational management system that helps SMB companies improve their processes, announced it has raised $3.2 million in seed funding.
Chef-led startup meez raises $11.5m to place recipes at the heart of hospitality
meez, the first-of-its-kind digital professional recipe tool, announced it has closed a $11.5 million Series A funding round led by Craft Ventures with participation from Struck Capital.
Fintech startup Fordefi raises $18m seed round to launch institutional DeFi wallet and security platform
Fordefi, a financial technology and software company, announced a $18 million seed round and the public launch of its institutional MPC wallet built for transacting on decentralized applications (dApps).
EQT Ventures III closes Europe's largest venture capital fund committed to early-stage tech startups
EQT has closed Europe's largest venture capital fund committed to early-stage tech startups. EQT Ventures III (the "Fund" or "Ventures III") closed with total commitments of €1.1 billion.
500 Global launches its Pan-African accelerator Manager Bootcamp in Kenya
Venture capital firm 500 Global, has partnered with Germany’s economic development agency Deutsche Gesellschaft für Internationale Zusammenarbeit GIZ and its Make-IT in Africa initiative, which fosters the growth of Africa’s innovation ecosystems.
CardinalStone Capital Advisers announces $6m investment in Nigerian healthtech startup AfyA Care
West African private equity fund manager, CardinalStone Capital Advisers (CCA), has announced a $6 million investment in Nigeria's healthtech startup AfyA Care.
Paris-based startup Mytraffic raises €30m Series B to provide digital intelligence to brick-and-mortar operators
Paris, France-based startup Mytraffic, a SaaS offering detailed insights on any location in Europe, has raised €30 million Series B funding round led by AXA Venture Partners.
Stellantis invests in Africar Group to create Auto24, African used vehicle startup
Africar Group and Stellantis have announced the launch of Auto24 activities in Abidjan, Ivory Coast.
Nigerian lending startup Payhippo acquires Maritime Microfinance Bank
Nigeria’s credit-led SME fintech Payhippo has acquired Maritime Microfinance Bank (MFB), a financial institution specializing in saving products, demand deposits, and investments as well as micro and SME loans
Impact Venture Capital portfolio company Alef unveils Alef flying car, the only drivable flying car with vertical takeoff and landing
Alef Aeronautics, an advanced technology company creating alternative transportation solutions for surging traffic trends, introduced the Alef "Model A", the only flying car with street driving and vertical take-off.
Israeli cybersecurity startup Wib raises $16m investment to accelerate growth, tackle rising API security problem
Wib, the cybersecurity startup pioneering a new era in API security, announced a $16 million investment led by Koch Disruptive Technologies (KDT).
Jobtech Alliance launches startup accelerator programs to improve livelihoods in Africa
The Jobtech Alliance, an ecosystem-building initiative around inclusive jobtech in Africa has launched two programs; the Catalyst Jobtech Accelerator and the Jobtech Innovation Lab.
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.
Neurotech startup Roga launches novel wellness solution to combat stress and burnout
Neurotech company Roga, has officially launched its first stress-relieving wellness device Roga Life, for orders worldwide.
Vue Storefront wins best e-Commerce and retail startup at The Europas Tech Startup Awards 2022
Vue Storefront, a technology company that develops software for businesses to create fast, modern and high-performing online storefronts, was crowned a winner at The Europas Tech Startup Awards 2022.
Japanese startup TIER IV launches commercial autonomous driving software platforms for multiple operational design domains
TIER IV, an open source autonomous driving startup, announced it has launched commercial autonomous driving software platforms "Pilot.Auto" and "Web.Auto".
Cooperative Ventures announces first investment in agritech startup Sabanto to improve sustainability
Cooperative Ventures, a venture capital fund formed by North America's agricultural cooperatives, announced its first investment in Sabanto, a hardware and software company.
UK-based hospitality tech startup Journey completes £5m growth capital raise
Journey Hospitality has secured £5 million growth capital investment. The funds, from private equity firm Averroes Capital, will enable Journey to deliver its vision to revolutionise e-Commerce for the hospitality industry.
Kenya, Nigeria and South Africa lead fintech growth in Africa, Mastercard
A report by payment services company Mastercard has revealed that South Africa, Nigeria and Kenya are among the most vibrant fintech markets in the continent.
YEGO ride-sharing platform from Rwanda launches in Kenya
YEGO Global, a ride-sharing platform from Rwanda has entered the Kenyan market to take on Uber and Bolt through its subsidiary - YEGO Mobility Kenya.
3nets concludes $11m seed round for multi-cloud workload portability solution
3nets.io, a Delaware corporation, announced the conclusion of $11 million seed round at a post-money valuation of $20 million.
Intelligent digital coworkers startup Roots Automation raises $10m Series A funding round to accelerate growth
Roots Automation, the creator of advanced, intelligent Digital Coworkers for the insurance industry, announced the closing of $10 million in a Series A round of funding.
Application security startup Apiiro raises $100m Series B funding round to accelerate growth
Apiiro, the pioneer in Cloud-Native Application Security, announced a significant Series B round of $100 million led by General Catalyst with participation by Greylock and Kleiner Perkins.
Berlin-based startup Crowd.dev raises €2.2m to launch the open-source platform for community-led growth
Berlin-based startup Crowd.dev announced it has raised €2.2 million to improve how developer-first businesses harness online communities.
Vienna-based startup Orderlion raises $4m funding to scale the global B2B food supply chain
Vienna-based startup Orderlion announced the successful closing of $4 million in preSeries A funding, including a mix of equity and debt financing, bringing the total amount of investments raised to $7.5 million since the company’s inception.
Zest AI secures over $50m growth capital to advance the next generation of AI-automated underwriting
Zest AI, the leader in automating underwriting with more accurate and inclusive lending insights powered by AI, announced that the company has raised over $50 million in a new growth round.
Brex partners with Techstars to accelerate growth for early-stage founders
Brex announced its partnership with Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs.
Girls in Tech Startup Challenge 2022 now open for female entrepreneurs
Girls in Tech, a global nonprofit working to erase the gender gap in tech, has launched the Girls in Tech Startup Challenge 2022, the organization's signature entrepreneurship pitch competition.
New York startup Scent Lab personalizes the fragrance industry with immersive digital experiences and AI-tech
Scent Lab announced the launch of its online platform that’s changing the way consumers shop for fragrance. Scent Lab is the first digital destination that leverages immersive video experiences and AI tech.
Telehealth startup Options MD raises $3.8m pre-seed funding to expand its mental health platform
Options MD, a telehealth startup providing high-quality care for treatment-resistant depression (TRD), announced $2.35 million in funding, bringing the total pre-seed funding to $3.8 million.
Oslo-based compliance automation startup Kosli raises $3.1m seed round led by Heavybit
Kosli, the developer tools startup based in Oslo, Norway, has closed a $3.1m seed round led by Heavybit to solve dynamic change monitoring and continuous compliance.
Medtech device startup MedCrypt raises $25m Series B funding round to accelerate growth
MedCrypt, the proactive cybersecurity solution provider for medical devices, announced its $25 million Series B funding round.
Globo partners with American startup HeadSpin to improve User Experience of Smart TVs
LatAm media group Globo, announced a strategic partnership with HeadSpin, the developer of a data science driven digital experience intelligence platform used to provide flawless digital experiences.
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.
Fifth Wall raises $500m climate fund to decarbonize global real estate
Fifth Wall, a venture capital firm focused on technology for the global real estate industry, has held the final close of its inaugural Climate Fund with $500 million in capital commitments.
Online energy marketplace VECKTA closes $3.3m seed round to accelerate growth
VECKTA, the online energy marketplace that connects commercial and industrial energy users with capital, services, and equipment suppliers, announced it has closed a $3.3 million institutional seed round.
Cleantech startup Greener Process Systems develops modular system to capture maritime and industrial emissions
Greener Process Systems filed a series of patents that demonstrate their focus will expand to general industrial applications as well as further developments in CO2 capture, storage and re-utilization.
Sustainability data and tech startup ESG Book closes $35m Series B to advance its next-gen technology capabilities
ESG Book, a global player in sustainability data and technology, announced it has closed $35 million in Series B funding to advance its next-generation technology capabilities.
Deeptech startup NEU Battery Materials raises S$800,000 seed funding to produce clean and sustainable lithium batteries
Deeptech startup, NEU Battery Materials has raised a total of S$800,000 in seed funding from Momentum Venture Capital and Se-cure Waste Management.
Renewable energy startup Posh raises $3.8m seed round to automate EV battery recycling
Y Combinator alum, Posh, announced it has raised $3.8 million in seed funding. The Bay Area startup automates electric vehicle (EV) battery recycling to build sustainable energy storage solutions.
AfricArena partners with FMO to accelerate tech startups in Ghana, Morocco and Tanzania
AfricArena, the African series of tech events, announced a partnership with FMO Ventures Program, the Rise Open Innovation Challenge, which focuses on accelerating the growth of startups looking to improve the state of Africa.
Green tech startup Ecolibrium launches in the UK with $5m pre-Series A funding round
Advisory and climate tech-led sustainability solution Ecolibrium, has opened a new London HQ after raising $5m in a pre-Series A funding round, to support growing demand from commercial and industrial UK real estate owners.
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