Net Zero Insights

🎙️ Sign up for the State of Climate Tech Update Webinar 🌍 As we move through 2024, let’s review recent progress in Climate Tech! Join the upcoming State of Climate Tech webinar, where we’ll explore key insights from the latest updates and dive deeper into this year’s advancements. 🌱💡 👇 Register your attendance here: https://lnkd.in/gg_gVTFd #stateofclimatetech #climatetech #funding #innovation #netzeroinsights

🌎 Climate tech #startups that raised capital last week 👇 We actively track global deals in Climate Tech on the Net0 Platform. Out of the 80 logged last week, these are the top 7 deals to watch: ⚡️United States, Denver-based Redaptive, Inc, an Energy-as-a-Service provider that funds and installs energy-saving and energy-generating equipment, raised $100M in a growth equity round from CPP Investments | Investissements RPC. 🔋United States, Menlo Park-based Mainspring Energy, manufacturer of linear power generators designed to bring affordable, reliable, near-zero emissions power for the grid, received $87M grant from U.S. Department of Energy (DOE). 🤖United States, Seattle-based Carbon Robotics, an agricultural robotics company building innovative agricultural tools that empower farmers to operate more efficiently, raised $70M in a Series D round from Anthos Capital, IGNITION PARTNERS, Sozo Ventures, Revolution, and Voyager Capital amongst others. 🚛United States, Golden-based Outrider, offering autonomous zero-emission systems for yard operations in the freight industry, raised $62M in a Series D round from B37 Ventures, Koch Disruptive Technologies, 8VC, Prologis, ARK Investment Management LLC, and GOOSE Capital amongst others. 🌍United Kingdom, Guildford-based Cool Planet Technologies, offering advanced membrane-based carbon capture technology to reduce the cost of removing CO2 from industrial flue gas emissions, raised $25.5M in a Series A2 round from NEVA SGR, BlueScopeX, Audacy Ventures, Taranis, Eni Next, and CRH Ventures. 💧Spain, Paterna-based Matteco, developing high-performance catalysts, coatings, and electrodes for alkaline and AEM electrolysis, offering efficient and sustainable alternatives for hydrogen generation, raised $16.2M in a Series A round from Zubi Group, Grupo ASV, and Napali. 🔋United States, Waltham-based Adden Energy, developing and scaling up of solid-state battery to power EVs, raised $15M in a Series A round from MassVentures, At One Ventures, Primavera Capital Group, and Rhapsody Venture Partners. Comment below any recent funding round that deserves to be featured as well! 👇 #climatetech #netzeroinsights #startups #investments #funding #venturecapital

🚀 Kickstart #VERGE24 with Net Zero Insights, Future Energy Ventures, and Valo Ventures! 🌅 Join us for an exclusive networking breakfast on the first morning of VERGE24. Whether you're looking to spark meaningful connections, share valuable insights, or explore new opportunities, this event offers a unique opportunity to connect with both new and familiar faces in the Climate Tech community.🌱 👉To join the event, register here: https://lu.ma/v0lsnxvx  We look forward to seeing you there! #ClimateTech #netzeroinsights #Verge24 #InvestorBreakfast

📊In our latest report, the State of Climate Tech for Q3 2024, we featured Tim Schnabel, CEO and Founder of Switch Bioworks, on his company’s recent $17M Series Seed round 💰. This round was led by Change Forces Capital, with participation from other notable investors. In this feature, he responded to questions about fundraising for climate tech founders, navigating regulatory challenges, capital stack diversification, as well as balancing non-profit and for-profit operations⚖️. He mentioned the importance of diverse capital stacks: "Switch is solving a complex challenge at the intersection of biotech 🧬, agtech 🌱, and climate 🌍—our diverse investor syndicate reflects these markets and their stakeholders. Having no one fraction dominate gives us more freedom to build the company we want to build, while learning from everyone's diverse perspectives." Learn more about Switch Bioworks' strategic approach to climate tech investments and its recent fundraising success by accessing the full report: https://lnkd.in/g2MHH_Pm

🌍 Upcoming Climate Tech conferences to look out for 👇 🔎Every month we compile a global list of Climate Tech events that are important to the ecosystem. You can filter through region, scope, dates, and themes to find the events that meet your needs! 🔗The link to the entire list is mentioned in the comments section.

📈Non-dilutive funding in Climate Tech is on the rise! This reflects a shift towards diversified capital options like grants and debt, giving startups more flexibility while reducing their reliance on equity. As funding sources evolve, startups must be more creative with their technologies and products to attract investment.📊 🌐For more interesting insights, check out our State of Climate Tech Q3 report https://lnkd.in/g2MHH_Pm

🌎 Climate tech #startups that raised capital last week 👇 We actively track global deals in Climate Tech on the Net0 Platform. Out of the 60 logged last week, these are the top 7 deals to watch: ⚛️United States, Rockville-based X-energy, focusing on advanced nuclear reactor and fuel technology, raised $500 M in a Series C-1 round from Ken Griffin, NGP, Amazon's Climate Pledge Fund, and University of Michigan. 🌬️Sweden, Stockholm-based Aira, focusing on the advancement and implementation of air-source heat pump technology for residential homes, raised $68.4M in a Series B round from Temasek, Statkraft Ventures , Altor Equity Partners, and Kinnevik. 🌿United Kingdom, Grantham-based Nattergal Ltd, transforming low-grade agricultural land into biodiverse habitats by acquiring underutilized spaces with a main focus on ecosystem restoration, raised $52M in a Seed round from Aviva, and Lansdowne Partners. 🔋United States, San Francisco-based Equilibrium Energy, a technology company building a next-generation clean power company, raised $39M in a Series B round from Valo Ventures, DCVC, and Breakthrough Energy Ventures. 🌊Sweden, Stockholm-based CorPower Ocean, developing technology for generating clean energy from ocean waves, utilizing a design concept using stored hydraulic pressure, raised $34.7M in a Series B-1 round from Iberis Capital, Cisco Investments, NordicNinja VC, Santander Asset Management, SEB, and EIT InnoEnergy. 🛰️Germany, Munich-based OroraTech, offering advanced satellite-based thermal intelligence solutions, focusing primarily on wildfire detection and monitoring, raised $27M in a Series B round from Korys, European Circular Bioeconomy Fund (ECBF), and Bayern Kapital. 🐄Mexico, Roma Norte-based Sistema.bio / Sistema Biobolsa, developing a reliable biodigester solution for treating daily waste from animal farms, raised $15M in an early VC round from EDFI ElectriFI - The Electrification Financing Initiative, Chroma Impact Investment, AXA Investment Managers, EcoEnterprises Fund, KawiSafi Ventures, and BIX Capital amongst others. #climatetech #netzeroinsights #startups #funding #investments #venturecapital

In our latest report, the State of Climate Tech for Q3 2024, we featured Sundeep A. Founder of Climate Capital, on his firm’s approach to mitigating risk while scaling climate tech investments. In this feature, he shared insights on navigating the complexities of financing hardware solutions, structural changes needed in investment models, and the importance of policy in driving climate tech growth. He highlighted key factors for climate tech funding and growth: "In America, continuing to have an effective government that is creating policy to incentivize markets and behavior (instead of one that is actively damaging the future) is crucial, along with the willingness of large OEMs and tech companies to host FOAK and pilot deployments." Learn more about Climate Capital's risk mitigation strategies and investment approach from Founder Sundeep Ahuja by accessing the full report https://lnkd.in/g2MHH_Pm

🌐 Corporate Activity in Climate Tech M&A’s Continues! Corporations are leading 79% of climate tech M&A investments in 2024, driving the shift towards clean energy portfolios. Companies like Nextracker Inc., Iberdrola, and Porsche AG are at the forefront, showcasing strong confidence in green innovation and long-term growth. 🌱 Don’t miss more interesting insights in the Q3 report: https://lnkd.in/g2MHH_Pm