December 18, 2024
Headlines

Environment Tech

InventWood Secures $8 Million Funding and Welcomes Tyler Huggins as CEO Ahead of 2025 Launch

Editor04 mins

InventWood, a leader in transforming undervalued wood into cutting-edge climate-resilient Superwood products, has announced the successful closure of an $8 million funding round. This investment, which includes participation from Grantham Foundation, Builders Vision, Echelon, and prominent clean technology entrepreneur John Rockwell, brings InventWood’s total funding to over $77 million. Concurrently, the company has appointed Dr….

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Derek Stein Founder of Adept Materials

Adept Materials Secures $4M in Seed Funding to Revolutionize Building Moisture Control

Editor06 mins

Adept Materials, a trailblazer in advanced materials technology, has announced a significant milestone with the successful closing of its first $4 million seed funding round. This injection of capital is poised to accelerate the commercialization of Adept’s groundbreaking directional moisture control technology. The funding round is spearheaded by major North American homebuilders D.R. Horton and…

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Sora Fuel Secures $6 Million Seed Round to Revolutionize Sustainable Aviation Fuel Production

Editor04 mins

Sora Fuel, an innovative startup specializing in sustainable aviation fuel (SAF), has successfully closed an oversubscribed $6 million seed funding round. The investment was led by The Engine Ventures, with additional backing from Wireframe Ventures and other prominent investors. This funding will enable Sora Fuel to expand its Boston-based team, forge commercialization partnerships, and advance…

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Applied Carbon Secures $21.5 Million Series A to Revolutionize Soil Health and Carbon Sequestration

Editor04 mins

Applied Carbon, an innovative technology company transforming agricultural waste into biochar, has successfully raised $21.5 million in a Series A funding round. The investment, spearheaded by TO VC, saw contributions from Congruent Ventures, Grantham Foundation, Microsoft Climate Innovation Fund, and other notable backers. This funding will accelerate the deployment of Applied Carbon’s pioneering biochar production…

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osapiens Secures $120 Million in Series B Funding to Drive ESG Innovations and Global Expansion

Editor05 mins

osapiens, a frontrunner in ESG (Environmental, Social, and Governance) compliance and sustainability reporting solutions, has announced the successful closure of a $120 million Series B funding round. The investment was spearheaded by Growth Equity at Goldman Sachs Alternatives, marking a significant milestone for the company. This new capital infusion is set to propel osapiens into…

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AeroShield Materials Unveils New Waltham Facility and Secures $5 Million in Funding for Revolutionary Energy-Efficient Technologies

Editor06 mins

AeroShield Materials, a pioneering MIT spin-out at the forefront of energy-efficient technology, proudly announced the grand opening of its state-of-the-art manufacturing facility in Waltham, Massachusetts. The company has also secured an additional $5 million in funding, supported by both existing and new investors including Massachusetts Clean Energy Center (MassCEC), MassVentures, and MassMutual Ventures. The new…

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ACEL Power Secures $10 Million to Drive Innovation in Marine Electric Solutions

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ACEL Power, a pioneering force in marine electric innovation, has successfully concluded its oversubscribed Series A funding round with a substantial $10 million infusion. This funding was spearheaded by Tau Capital, a prominent venture capital firm based in Abu Dhabi known for its commitment to advancing science and technology for global impact. “This funding round…

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3M Invests in Ohmium to Boost Green Hydrogen Production Technology

Editor04 mins

3M has solidified its commitment to advancing climate technologies with a strategic investment in Ohmium International, a pioneer in proton exchange membrane (PEM) electrolyzer systems for green hydrogen production. This investment underscores 3M’s proactive stance in supporting sustainable solutions aimed at fostering a low-carbon economy. Mark Copman, Senior Vice President of 3M New Growth Ventures,…

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Infinitum Secures $35 Million Series E Extension to Fuel Accelerated Growth and Decarbonization Efforts

Editor04 mins

Infinitum, a trailblazer in sustainable technology with its innovative air-core motor systems, has announced a significant boost to its Series E funding with an additional $35 million investment. This extension, led by Marunouchi Innovation Partners and Rice Investment Group, brings the total Series E funding to $220 million. The funding infusion aims to propel Infinitum’s…

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Bio-Logical Secures $1.3M to Expand Biochar Operations, Boost Climate Resilience for Kenyan Farmers

Editor05 mins

Bio-Logical, a pioneering climate tech firm specializing in biochar carbon removal, has successfully raised $1.3 million in funding to amplify its efforts in combating climate change and enhancing the resilience of Kenyan smallholder farmers. This investment marks a significant milestone for the company as it gears up to expand its Mt. Kenya biochar facility, aiming…

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