British design and engineering firm Naked Energy has successfully secured £17 million in a Series B funding round, marking a pivotal moment in its mission to advance heat decarbonisation on a global scale. The latest infusion of capital will drive the company’s expansion efforts and enhance its innovative solutions designed to mitigate heat emissions effectively….
Strathcona Resources Ltd. (TSX: SCR) has announced a groundbreaking partnership with Canada Growth Fund (“CGF”), marking a significant leap forward in the realm of carbon capture and sequestration (CCS). Under this strategic agreement, CGF, a prominent $15 billion public investment vehicle, will inject up to $1 billion into CCS infrastructure across Strathcona’s steam-assisted gravity drainage…
Orus Energy, an innovative energy flexibility platform, has successfully secured €2.2 million in a pre-seed funding round aimed at advancing its mission to decarbonize the power grid. The platform utilizes cutting-edge machine learning algorithms to optimize energy consumption across buildings, offering dynamic adjustments that align with the cheapest and greenest electricity periods. This capability not…
In a significant stride towards sustainable industrial practices, cleantech leader GlassPoint has received a $2.5 million investment from German VC firm MIG Capital. This funding aims to bolster GlassPoint’s efforts in deploying large-scale solar steam facilities, pivotal in slashing carbon emissions across hard-to-abate sectors such as mining, chemicals, and construction materials. GlassPoint specializes in designing,…
Tree.ly, a pioneering carbon offset startup, has successfully raised €5 million in Seed funding to bolster its efforts in developing and managing forest climate protection projects across Europe. This investment underscores Tree.ly’s commitment to combating climate change through innovative, scientifically-backed initiatives that harness the natural potential of local forests. Founded with a vision to bridge…
In a groundbreaking initiative poised to revolutionize wildfire management, Greece has embarked on a €20 million investment partnership with OroraTech, a leading provider of thermal intelligence solutions. Spearheaded by the Greek Ministry of Digital Governance and the Hellenic Space Center, this ambitious project aims to deploy a constellation of thermal imaging satellites to monitor and…
In a landmark achievement for Spain’s venture capital landscape, Seaya, a prominent investment firm based in Madrid, has successfully closed its Seaya Andromeda fund at an impressive €300 million. This fund marks Southern Europe’s pioneering Article 9 climatetech initiative, dedicated to advancing impact-driven growth in sectors crucial to global sustainability. Seaya Andromeda focuses its investments…
Vytal, a trailblazer in software-enabled reusable packaging solutions, has successfully closed a €6.2 million growth financing round aimed at advancing its mission in promoting sustainability within the packaging industry. The funding was led by Emerald Technology through its Sustainable Packaging Innovation Fund, with participation from Ventis, Kiko Ventures, Grazia Equity, and Rubio, underscoring strong support…
Climate 101, a pioneering platform leveraging blockchain for environmental sustainability, has secured a substantial investment from FZF Ventures in the first half of 2024. This strategic partnership aims to accelerate Climate 101’s mission of integrating financial incentives with climate action, marking a pivotal moment for sustainable technology advancement. Climate 101 stands out for its innovative…
Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) has announced a significant milestone in its mission to advance sustainable lithium production with the receipt of up to 100 million Euros in grants for its Lithium Converter project in Guben, Germany. The funding, to be provided by the State of Brandenburg and…
