Syntetica, a trailblazing startup in the field of nylon recycling, has announced a significant milestone with the successful closure of a €4.2 million Seed funding round. Led by EQT Ventures and backed by a consortium of investors including Peugeot and ETAM family offices, Syntetica is poised to redefine sustainability in the textile industry with its…
Dynelectro, a pioneering Danish cleantech firm specializing in sustainable energy solutions, has successfully raised €11 million in a recent investment round aimed at propelling its Dynamic Electrolyser Unit (DEU) technology to new heights within the green hydrogen sector. This funding initiative, led by the European Investment Bank (EIB) and Denmark’s Export & Import Fund Organisation…
Polystyvert Inc., a pioneering clean technology company specializing in recycling solutions for styrenic plastics, has successfully closed the first tranche of its Series B funding, raising over $16 million. This significant investment, led by European and North American backers including Infinity Recycling, SWEN Blue Ocean, and Earth Foundry, marks a pivotal moment in Polystyvert’s mission…
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…
In a significant win for environmental awareness, Natcap, a pioneering nature intelligence company, has secured $10 million in an oversubscribed Series A funding round. This impressive feat, achieved amidst a challenging global fundraising environment, underscores the growing recognition of nature’s critical role in business strategy. The funding round, led by prominent figures like André Hoffmann…
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…
Queens Carbon, a pioneering force in sustainable technology, has been awarded $14.5 million in funding from the U.S. Department of Energy’s ARPA-E SCALEUP program. This funding marks a significant milestone for Queens Carbon in advancing its breakthrough low-temperature technology aimed at revolutionizing the cement industry’s carbon footprint. Under the SCALEUP initiative, Queens Carbon will collaborate…
