ClimateTech funding

Return is expanding its battery storage capacity in Germany. The company has secured €835 million in financing to support this expansion.

Cellegant is developing hydrogen-powered drones. The company has raised INR 2.61 Cr to advance its technology. This funding will likely support further development and deployment of their sustainable drone solutions.

AXIAN Energy is an energy developer focused on expanding Benin's renewable energy sector. They are developing four new solar photovoltaic power plants with a combined capacity of 62 megawatts. This initiative marks a significant step towards increasing private sector participation in the country's electricity generation market.

Noak is focused on advancing perovskite-silicon tandem solar technology. This innovative approach aims to enhance the efficiency of solar panels, making renewable energy more accessible and effective.

Virdi is a startup focused on transforming waste into everyday products. The company aims to address pollution by innovating in waste management and product development, making it a notable player in the ClimateTech sector.

Okra Solar is a Nigerian provider of mesh-grid technology for off-grid communities, enabling energy developers to energize these areas profitably and at scale. Their technology bridges the gap between solar home systems and mini-grids, offering a cost-effective solution for electricity access. This $7 million debt facility from BII will help Okra procure equipment for 150,000 new connections, potentially bringing electricity to 750,000 people in rural Nigeria.

Two Point O Capital finances and helps install clean energy and water treatment systems for businesses. They combine financing with project execution and monitoring, working with equipment manufacturers and project contractors to reduce upfront spending for businesses. The company uses AI and machine learning to assess projects, evaluate financing risks, and monitor asset performance.

Seamoretech is developing technology to transform desalination brine into freshwater and critical minerals. This funding will support their efforts to create valuable resources from wastewater, addressing both water scarcity and resource extraction challenges.

Fibraterre is a Normandy startup that produces binder-free wheat straw insulation panels. The company aims to scale its low-carbon insulation solutions for use in mainstream and historic buildings.

Eos Energy, founded by former Tesla engineers, is developing advanced battery technology for grid-scale energy storage. The company aims to provide sustainable and cost-effective solutions for renewable energy integration. This funding will support their expansion and manufacturing capabilities in Australia.

Amogy is a climate tech company developing an ammonia-based power generation technology. Founded in the US in 2020 by MIT PhDs, they use proprietary catalyst technology to break down ammonia into hydrogen, which then powers a modular electricity generation system. The company plans to use the $20 million investment to scale mass production of its carbon-free power modules and accelerate commercialization.

Concretene is a University of Manchester spin-out that develops carbon-negative graphene for use in concrete. The company aims to reduce the carbon footprint of concrete production by using local wastewater biogas as a feedstock, making its technology cost-neutral at scale.

The Broomfield energy startup focuses on innovative energy solutions. This funding round led by GM Ventures highlights the growing interest in sustainable energy technologies.

Volare is a Finnish insect protein company that converts food-industry side streams into protein, oil, and fertilizer using black soldier flies. They have opened an industrial-scale factory in Pori, targeting up to 5,000 tonnes of protein annually. This funding will support the ramp-up of the new factory and a planned second European plant.

EniferBio is a Finnish startup that has developed a novel fermentation process to produce protein from fungi. The company aims to provide a sustainable and efficient alternative to traditional protein sources. This funding will support the construction of their second factory.

Neela Biotech, based in Cambridge, has raised £2.1 million to develop technology that converts waste materials into feedstock for Sustainable Aviation Fuel (SAF). This funding will support their efforts to create a more sustainable aviation industry by providing a viable alternative to traditional jet fuel production.

Strella is an agricultural technology company that uses connected sensors and machine vision to monitor fruit quality and ripeness, helping to reduce food waste in the fresh produce supply chain. The company's IoT devices measure gases like ethylene and combine this data with other information to assess fruit condition, serving growers, packers, shippers, distributors, and retailers. This latest funding will support the expansion of its technology across the fresh produce supply chain, including new fruit types like kiwifruit.

Energy Connects is a startup focused on developing sodium-ion battery technology. This innovative approach aims to provide a sustainable alternative to traditional lithium-ion batteries, catering to the growing demand for energy storage solutions. The recent funding round led by GM highlights the increasing interest in alternative battery technologies.

Pascal is focused on developing solid-state heat pumps, which are innovative solutions for energy-efficient heating and cooling. The company aims to address the growing demand for sustainable energy solutions in the climate technology sector. This funding round will help accelerate their product development and market entry.

Dat Bike is a Vietnamese electric motorcycle company focused on expanding production and upgrading facilities. The company recently secured $26 million in Series B funding, co-led by Japan's FCC Co., Ltd. and Rebright Partners, with participation from existing and new investors. This funding aims to support their growth and operational capacity.

Rabot Energy is a clean energy technology company that provides dynamic electricity tariffs and AI-powered energy management solutions. It aims to help households optimize electricity consumption and reduce energy costs by connecting household energy storage systems to create virtual power plants. The company's technology can reduce electricity costs for an average household by 15%.

Linkener is a Spanish company focused on energy efficiency solutions. The Klima fund led a €7.5M round to support the company's growth.

Blue Whale Energy is raising a $4 million seed round to build grid batteries in Singapore. The company aims to contribute to Singapore's energy infrastructure by developing and deploying battery storage solutions.

rx is a Korean startup focused on heat-supply Small Modular Reactors (SMRs). The company has successfully raised a $7.46 million bridge round to further its development in this critical energy sector.

CarbonFarm is a French climate tech startup that uses AI to measure and finance high-integrity projects that reduce methane and water usage in rice farming. They aim to scale their platform globally, supporting farmers in developing measurable change across millions of farms. This funding will help expand their technology and expertise to develop, finance, and measure rice projects internationally.

Tivano is a Zurich-based climate tech startup focused on carbon dioxide removal and landscape restoration. They have developed a closed-loop system to harvest invasive bush in Namibia, process it, and permanently entomb it underground to sequester carbon for over a century. This funding will scale their operations and launch a new project to exponentially increase their durable carbon removal technology and ecological restoration efforts.

Beacon Power Services is a Nigerian energy technology startup founded in 2014 that develops digital infrastructure and software solutions to help electricity distribution companies monitor power networks, reduce operational losses, and improve revenue collection. The company operates three major technology platforms: CAIMS, Adora, and Xepp. This funding will support a $20.9 million project aimed at improving electricity distribution and grid management across Nigeria by deploying smart meters and digital electricity management solutions.

1KOMMA5° is a German unicorn offering integrated home-energy packages including solar panels, heat pumps, and electric vehicle charging, managed via proprietary energy software. The company raised €70 million to fund its expansion into the US and prepare for an upcoming IPO.

Ionage is an Indian EV charging startup that has raised $1.3 million in a pre-Series A round. The company acts as a neutral software layer connecting different EV charging operators and payment systems to address the fragmentation in India's charging network. This funding will help expand EV charging access and improve interoperability for drivers.

Quaise Energy is developing advanced drilling technology to access deep geothermal energy, aiming to provide a clean and abundant power source. The company's approach utilizes existing infrastructure and novel methods to unlock the Earth's heat for energy generation. This funding will support their continued progress in demonstrating and scaling their innovative geothermal solutions.

Type One Energy is developing commercial fusion power plants using its FusionDirect™ technology. The company aims to industrialize fusion energy through a capital-efficient, partner-based OEM business model, leveraging established industry leaders. This $200 million Series B financing will support its Project Infinity, including the Infinity One engineering prototype and the Infinity Two commercial plant.

VoltR is a French startup focused on remanufacturing lithium batteries. They have secured €22 million to expand their operations across Europe, addressing the growing need for sustainable battery solutions.

Zymofix is a Belgian industrial biotechnology company developing a manufacturing platform called Zyft for microbial products in agriculture. Their technology uses solid-state fermentation to overcome scaling challenges for biostimulants, biofertilizers, and biocontrol products. This funding will establish Belgium's first industrial-scale microbial plant for crop biologicals.

Reclinker is a company focused on recycling construction waste to produce low-carbon cement. This funding will support their efforts in developing sustainable building materials.

Rodinia Generation is a FashionTech startup focused on sustainability. The company aims to save 100 billion liters of water annually through its innovative solutions. This funding round will support their mission to reduce the environmental impact of the fashion industry.

Pointo is a battery startup focused on revolutionizing the EV battery circular ecosystem. They are scaling a closed-loop model for battery deployment, buyback, refurbishment, and reuse, targeting the e-auto, BESS, and second-life battery segments. The company aims to reduce upfront costs and improve access to batteries for EV users through financing partnerships.

Ororo Waste is a Nigerian-founded company that collects and processes used cooking oil (UCO) into feedstock. They aim to build infrastructure for UCO collection from households and businesses, connecting it to a market for waste-based products. This funding will help them expand their collector network and cover operating costs for their hubs.

Novele develops 2-inch-thick, fire-safe lithium-ion batteries designed for wall-mounting in commercial buildings. Their AI-powered system predicts and manages power demand spikes to help commercial tenants reduce electricity costs and ease grid strain. This funding will support the scaling of their battery system.

Rainmaker has raised $100 million to become a leading lab for weather modification and atmospheric science. The company focuses on cloud seeding technology, using radar to measure man-made precipitation, and is actively hiring to scale its research organization.

Eapro Global is a Roorkee-based manufacturer of solar inverters, batteries, and energy storage systems for residential, commercial, and industrial clients. The company has raised Rs 40 crore to expand manufacturing capacity, enhance technology, and grow its presence in India's renewable energy and power-backup markets. Eapro Global is preparing for a proposed IPO in FY28.

Mojave Energy Systems is an HVAC startup that has developed the ArctiDry platform, which uses patented liquid desiccant technology to control humidity and temperature independently. Their systems offer significant energy savings and faster payback periods compared to traditional HVAC systems, targeting commercial buildings in sectors like grocery, industrial, healthcare, hospitality, and education. This funding will accelerate their sales growth, manufacturing expansion, and product development.

Drivn is an electric mobility startup building a platform for commercial electric vehicles, including leasing, charging, battery lifecycle management, and fleet operations. The company aims to electrify commercial vehicle operations by providing solutions beyond just vehicle ownership. This seed funding will help expand their platform and fleet electrification services.

ARK is an R&D-driven startup developing modular recirculating aquaculture systems (RAS) for land-based aquaculture. The company aims to enable anyone to practice aquaculture anywhere, with a focus on the Global South. This Series A funding will support international expansion into markets like the UAE and Indonesia, as well as further technology development.

Amber Electric is a renewable energy supplier that has developed Australia's largest residential battery automation product. They allow homeowners with batteries or EVs to trade energy with the grid at wholesale prices. This Series E funding will be used to expand their operations globally, starting with Europe.

Mazama Energy is a geothermal startup developing technology to generate clean electricity from superhot rocks. The company aims to provide continuous, carbon-free power for data centers and other energy-intensive operations. This Series B funding will enable the development of horizontal wells capable of generating significant electricity per well.

An Africa-based biochar developer has raised $1.5 million in pre-seed funding to expand its model of installing biochar production units at food processing facilities across Sub-Saharan Africa. Biochar locks carbon away for long periods, generating removal credits, and by placing units at existing food processors, the startup taps a ready supply of agricultural waste as feedstock. The round signals growing investor interest in durable carbon removal in emerging markets.

Biochar Industrial Group (BIG) is a Nigerian climate technology company focused on industrial-scale carbon removal in Africa. They convert agricultural waste into biochar, a carbon removal product, using a Biochar-as-a-Service model that partners with food processors. This funding will help them scale their operations across Sub-Saharan Africa.