Swiss-based Libattion has successfully raised €14 million in funding to advance its pioneering efforts in upcycled electric vehicle (EV) battery technology, marking a significant step towards sustainable energy solutions. Founded with a mission to revolutionize industrial energy storage, Libattion specializes in converting discarded EV batteries into high-performance stationary storage units known as “e-Racks.” These innovative…
Sila, the forefront innovator in battery materials, has announced a significant milestone with the closing of its Series G funding round, raising a staggering $375 million. This latest round was spearheaded by stalwart investors Sutter Hill Ventures and funds and accounts advised by T. Rowe Price Associates, Inc., alongside enthusiastic participation from existing investors including…
e-Zinc, a trailblazer in sustainable long-duration energy storage utilizing zinc-air battery technology, has announced the successful completion of a $31 million Series A2 funding round. Led by Evok Innovations and bolstered by investments from Mitsubishi Heavy Industries, Export Development Canada (EDC), and Ultratech Capital Partners, this funding will propel e-Zinc’s efforts in advancing commercialization initiatives….
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…
Li Industries, a pioneering climate tech company specializing in lithium-ion battery recycling, has successfully closed its Series B funding round with an additional $6 million commitment from new investors. General Motors (GM) Ventures, DNX Ventures, and Tech Energy Ventures join as strategic backers, bolstering Li Industries’ total funding to over $50 million. This substantial investment…
Feon Energy, a pioneering startup specializing in advanced battery electrolytes, has announced the successful closure of a $6.1 million seed funding round aimed at advancing next-generation battery innovations. Led by Fine Structure Ventures and joined by prominent investors including Eight Roads, Foothill Ventures, MassVentures, EPS Ventures, and Valkyrie Fund, this funding will fuel Feon’s efforts…
In a significant stride towards enhancing the accessibility of electric vehicle (EV) charging infrastructure across the UK, Manchester-based Be.EV has successfully secured £55 million in debt financing from NatWest and KfW IPEX-Bank. This funding marks a pivotal moment for Be.EV, known as the UK’s fastest-growing EV charging network, which has swiftly expanded from its roots…
Antora Energy, a pioneering force in zero-emissions industrial heat and power solutions, has been awarded up to $14.5 million by the Department of Energy’s ARPA-E program. This funding, facilitated through the SCALEUP initiative, aims to accelerate the deployment of Antora’s innovative combined heat and power thermal battery product. Following earlier support from ARPA-E, this capital…
Neustark, the pioneering Swiss carbon capture firm, has announced a monumental stride in its mission to combat climate change. Securing a substantial $69 million in funding, the company is poised to accelerate its European expansion and bolster its leadership in carbon dioxide removal (CDR) technologies. Founded on an IP-protected breakthrough, Neustark specializes in capturing CO2…
FREYR Battery (NYSE: FREY), a leading developer in clean, next-generation battery cell production, has reached a significant milestone in its operations with the successful completion of its first production trial at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway. This accomplishment marks FREYR as the first company to achieve automated production trials on…
