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Exciting news in the world of sustainable innovation! 🌿💡 2C Ventures, a Tallinn-based VC firm, has unveiled a €50M fund aimed at supercharging early-stage cleantech startups in Estonia and the Nordics. With backing from the government's SmartCap, the fund is seeking out research-driven enterprises focused on renewable energy and waste reduction. Investments will range from €250K to €1M initially, with potential for more in follow-up rounds. Let's champion the green revolution and position Estonia as a frontrunner in tackling climate change! 🚀🌍 #Cleantech #Sustainability #VentureCapital #Innovation #NordicTech #Estonia #RenewableEnergy #WasteReduction #ClimateAction

✳️🚨 Your top 5 pieces of green technology news this week + investment news ⬇️ 1️⃣ 📣 Swiss voters have backed a new law to promote renewable energy output in a referendum held on Sunday. 🔗 https://lnkd.in/eyxGJhHY 2️⃣☀️ Groundbreaking research from the UK Centre for Ecology & Hydrology (UKCEH) shows that floating solar panels could meet the total electricity demands of some countries. 🔗 https://lnkd.in/ecrg55pQ 3️⃣🐝 Pollination launched a $150 million venture fund aimed at supporting early-stage climate and nature solutions companies. 🔗 https://lnkd.in/eAKPNX-K 4️⃣🚌 An independent ‘Council for Net Zero Transport’ has been set up to support the next UK Government in accelerating the decarbonisation of the transport sector.    🔗 https://lnkd.in/efhqPikX 5️⃣🗳️ Reducing support for green parties in the European elections has raised fears that the EU may end up weakening its climate ambitions. 🔗 https://lnkd.in/evGv5A3h - - - - - - ⏬ Companies announcing investment this week include ⏬ - - - - - - 💰 Sustainable aroma solutions company EvodiaBio secured €7 million from a syndicate of investors, including The March Group, Nordic Foodtech VC, PINC and Ananke. 💰 Aeropowder raised £150,000 from the British Design Fund for its feather-based circular alternative to plastic thermal packaging. 💰 Solar energy startup Samara raised €9 million from Green Generation Fund, Move Energy , Ring Capital and Athletico Ventures to support households in their energy transition. 💰 Nova Carbon landed €1.4 million for its technology that enables the recycling of carbon fibre. - - - - - - - - - ✳️ Follow me on LinkedIn for weekly #GreenTechNews and investment updates. Adopter (✅ B Corp) #GreenTech #CleanTech #ClimateTech Steve Thackeray 

🌍 🌳 Last week was eventful and prosperous for many climate tech companies in terms of funding.  Key sectors that secured funding include energy transition, decarbonization, sustainable food value chains, the circular economy, and more. Here’s the Climate Insider’s weekly report on funding: 👉 Minister Jonathan Wilkinson has announced $11 million in funding for Canadian energy technology projects.  👉 Seaya closed Seaya Andromeda, Southern Europe’s first Article 9 climate-tech fund, at €300 million.  👉 Polestar Capital successfully closed its Circular Debt Fund at €240 million.  👉 Tall Grass Ventures (TGV) announced the successful close of its inaugural fund at $32 million. 👉 Group14 Technologies has secured a $300 million deal with German battery cell company CustomCells . 👉 Libattion has secured €14 million in funding led by A&G Energy Transition Tech Fund, with contributions from Teknia and others. 👉 Carbon Equity closed its third fund at €60 million. 👉 Aether Fuels announced that it has raised $34 million in a Series A financing round, led by AP Ventures. 👉 A $30 billion fund has been launched by the United Arab Emirates with the declared goal of funnelling billions of dollars into climate finance.  👉 UNCAGED Innovations has raised $5.6 million in a Seed investment round, co-led by Green Circle Foodtech Ventures and Fall Line Capital. 👉 Invesco Ltd. announced the launch of the Invesco MSCI Global Climate 500 ETF (KLMT), with a $1.6 billion investment by Finnish pension insurer Varma.  👉 Miami’s ‘climate tech hub’ receives $19.5 million from federal funds, with a focus on reinforcing the coast. 👉 The European Union recently approved Swedish state aid amounting to 3 billion euros. 👉 Adani Group is reportedly planning a $9 billion investment in manufacturing and transportation infrastructure for the first phase of its green hydrogen venture. 👉 IBISA NETWORK has recently raised $3 million to advance its growth initiatives across Africa and Asia. This funding round was led by the Acumen Resilient Agriculture Fund (ARAF) and Equator. 👉 The York Region (The Regional Municipality of York) is receiving a federal investment of $76 million to help build an electric bus fleet and achieve net zero emissions by 2050.  👉 Polystyvert has secured $16 million to revolutionize polystyrene recycling. Infinity Recycling led the round, followed by SWEN Blue Ocean, and Earth Foundry, an existing shareholder.  👉 KC8 Capture Technologies has raised $10 million. The startup received backing from local energy giant Woodside Energy and the venture capital arm of Mexican cement producer Cemex, among others. #ClimateTech #Funding #CarbonManagement #DataAnalytics #ClimateRisk #ClimateTechFunding #ClimateTechInvestment #ClimateInvestment #ClimateAction #ClimateChange #StartupFunding

🌿 What would you do to accelerate Australia's climate transition? 🌿 Well here’s some exciting News from Virescent Ventures! Today Australia’s pioneer climate tech VC, backed by Clean Energy Finance Corporation, entrenched its position as Australia’s largest and most active climate tech VC. It announced the portfolio surpassing $260M, with investments in 33 innovative climate #tech businesses and funds/incubators. As of January 23, 2024, the portfolio consists of commitments in the following sectors: ⚡️🔌 Clean #energy transition ⚡️🔌 ~$115 million, 44% of the portfolio 😋🥗 Food and #agriculture 😋🥗 ~$28 million, 11% 👩🏭♻️ Circular #economy and #industry 👩🏭♻️~$53 million, 20% 🚍🌆 #mobility and smart cities 🚍🌆~$48 million, 18% The sub sectors, technologies, and processes underpinning these four thematics span a broad spectrum of software and hardware, infrastructure, chemical-industrial processes, and biologicals, across the following priority focus areas: ▶️ Decarbonising Transport: 20% of committed capital, across JET Charge, MicroTau, Carbon Revolution, Zoomo, @OmniTanker, and SEA Electric ▶️ Decarbonising electricity generation: 21% across Sunman Energy, Relectrify, SunDrive Solar, and Redback Technologies ▶️ Decarbonising sustainable food and agriculture: 11% across Loam Bio, AgriWebb, All G Foods, and Downforce Technologies ▶️ Enabling technologies including industrial IoT and energy efficiency: 9% into companies such as Morse Micro, Thinxtra and Powour ▶️ Decentralised grid management: 8% across Gridcog, Wattwatchers - Digital Energy, GreenSync and Zen Ecosystems ▶️ Green hydrogen: 15% across Hysata and HydGene Renewables.  ▶️ Circular economy: 5% in Samsara Eco, Renewable Metals, and WorkbenchX ▶️ Resources: 5% in Novalith and SONIA Green Technology Kristin Vaughan, Managing Partner of Virescent Ventures, said: “Ben Gust, Blair Pritchard, and I are very proud to have built such a robust and high-performing portfolio after actively investing in climate tech together as Partners for almost six years. 🔗 For full details, check out the media release: 👇https://lnkd.in/gSbwHpEq 🌎 Funds like this are important for the survival of our planet, and Third Hemisphere LOVES working with clients like this.

🌍💡 𝙇𝙚𝙖𝙙𝙞𝙣𝙜 𝙩𝙝𝙚 𝙘𝙝𝙖𝙣𝙜𝙚 𝙞𝙣 𝘾𝙡𝙚𝙖𝙣𝙏𝙚𝙘𝙝 𝙞𝙣𝙣𝙤𝙫𝙖𝙩𝙞𝙤𝙣: 𝙤𝙪𝙧 𝙨𝙚𝙡𝙚𝙘𝙩𝙞𝙤𝙣 𝙤𝙛 10 𝙑𝘾 𝙁𝙞𝙧𝙢𝙨 The future of CleanTech is here, and it's set to transform our world into a more sustainable and eco-friendly place! Venture capitalists are at the forefront of this green revolution, providing the critical funding, strategic guidance, and industry expertise needed to bring groundbreaking clean technologies to life. From renewable energy to waste reduction solutions, these VC firms are backing startups that push the boundaries of what's possible in CleanTech. According to the International Energy Agency (IEA), global CleanTech investment reached $500 billion in 2023, highlighting the growing importance and potential of this sector. Dive in to discover 10 VC firms that are pioneering the CleanTech landscape and driving the next wave of environmental advancements! 🌟🌱 Demeter Aster Capital Elaia Sofinnova Partners INNOVACOM Iberdrola Ventures Norrsken VC EIT InnoEnergy ETF Partners Blue Horizon These VC firms are not just investors; they are true partners in the journey towards a cleaner, greener planet. Together, we can drive the change needed for a sustainable future! 🌍🌿

Driven by a passion for sustainable and resilient agriculture innovations, Alex Price joined CleantechHUB to contribute to its mission of supporting startups in the climate and agrifood sectors across Latin America. CleantechHUB, acting as a #climatetech accelerator, navigates the complexities of investment in these evolving markets, offering invaluable support from ideation to securing investment. Innovation in Climate Tech 🌱: Emphasize cutting-edge projects and solutions being developed for sustainable agriculture and climate resilience. Startup Support and Growth 🚀: Highlight the comprehensive support provided to startups, from ideation to investment. Making a Difference 🌍: Discuss the real-world impact on communities and ecosystems in Latin America. Join Our Mission ✨: Encourage passionate individuals to become part of a community dedicated to making a difference through innovation in clean technology. This opportunity is ideal for those eager to make a significant impact in sustainable development. Are you ready to be part of this innovative journey? Join CleantechHUB as a Fellow and help drive the future of #greenentrepreneurship and #climateinnovation. Learn more and apply today. https://bit.ly/4c4uV7A

East Ventures, Temasek Foundation launch second climate tech competition for #Asia based startups. 👉Who can apply? solutions that drive the adoption of renewable energy, enhance food production, and improve waste management processes, according to a statement. 🙌Applications are open from March to June 2024. Finalists will be announced in July, with the program ending in September. #indonesia #climate #funds

We are celebrating a hopeful milestone today! Our investors have officially funded 100 high-potential climate tech solutions! 🚀 To date, we’ve invested in: 16 companies in Energy 19 companies in Industry 20 companies in Food & Land Use 15 companies in Transportation 19 companies in Buildings 11 companies in Carbon Management Of those 100 companies, 80% are technologies with substantial contributions to our net zero mission, and 20% contribute positively in other areas, such as enhancing biodiversity or creating social impact. 🌎 To learn more about the companies we funded, sign up for our platform via the link in the comments below. We’d like to give a big shoutout to the 600+ investors who put their trust in us to date. This is just the beginning 🙏 Disclaimer: This is a marketing communication. Please refer to the Information Memorandum of the fund and to the EID before making any final investment decisions. Form Energy Sunfire 1KOMMA5° Biomason Rondo Energy #impactinvesting #climateimpact #sustainability

Amsterdam-based Carbon Equity recently raised its second #climatetech solutions fund. 💸 '€100 million Climate Tech Portfolio Fund II, backed by a large pool of investors - people investing from €100k through the firms platform.' 💡 The Climate Tech Portfolio Fund II invests in 7 to 10 selected private equity and venture capital funds. Capital will be allocated indirectly into 150-200 critical climate solutions such as #greenhydrogen, #batterytechnology, #carbonfreecement, #heatpumps, #bioplastics, #smartthermostats, and nextgen #proteins. 🌍 Worldwide 📈 ‘Climate Tech Portfolio Fund II exceeded its initial target of €75 million and more than doubled the size of Fund I, which closed at €42 million in 2022. The VC's allocations include Breakthrough Energy Ventures, Ara Partners, 2150, Energy Impact Partners, amongst others. 💭 “We believe that #climatechange is not only the most urgent problem facing humanity but solving it is also the most attractive investment opportunity of our generation. Our biggest challenges are also our biggest investment opportunities.” - Jacqueline van den Ende, Co-Founder and CEO of Carbon Equity 🗞By Stefano De Marzo, EU-Startups https://lnkd.in/eaTjKUA4 👏 For the #AudaciousInvestors unleashing innovation and empowering tomorrow🚀 Jacqueline van den Ende I Jeff Gomez I Lara Koole I Liza Rubinstein Malamud I Sophie Hiensch I Wiebe Visser I Rikkert Beerekamp I Bas van Beijeren I Gijs Hoonhout I Eva van Hilten I Idse Luirink I William Hurst I Carolina Echecopar I Dirk Meuleman I Team Carbon Equity … #venturecapital #vc #funds #startups #entrepreneurs #funding #tech #entrepreneurship #technology #innovation #fund #venture #amsterdam

Happy Monday!   Let's dive into last week's climatetech activity (10/06 - 16/06) - Check out i3connect.com for more details on our research at Cleantech Group.     Ecosystem Highlights & News:   Beamline Accelerator opened applications for its new batch, funded by the Kliimaministeerium / Ministry of Climate of Estonia. The focus is on Estonian startups within construction, energy and climate resilience sectors, and €100,000 per startup (no equity taken).   Brookfield Asset Management announced its $5B climate 'Catalytic Transition Fund' for emerging markets.   New Zealand Agricultural Greenhouse Gas Research Centre's 2024 Innovation Fund is now open, with $2M available for agriculture projects with methane and/or Nitrous Oxide emission reductions.   Breakthrough Energy is partnering with the European Commission and the European Investment Bank (EIB) to ramp up the deployment and commercialisation of low-carbon technologies. The partnership will mobilize €820M in financing support between 2023-2027 for demonstration and FOAK stage projects.   Google has partnered with NVEnergy for a new, first-of-its kind "Clean Transition Tariff" power procurement structure.   Deals:   🌿 Agriculture & Food Downforce Technologies (UK), a soil-carbon measurement startup, closed $4.2M in funding to gear up for international expansion. The round was led by Equator.   ⚡ Energy & Power Long-duration energy storage startup Highview Power (UK) has secured £300M to build the first liquid air storage plant in the UK. The funding round was led by UK Infrastructure Bank, with participation from Goldman Sachs, Centrica and Rio Tinto.   ⚗ Materials & Chemicals Echion Technologies (UK), developing niobium-based battery materials, raised £29M in Series B funding to execute its go-to-market strategy. The round was led by Volta Energy Technologies, with participation from CBMM, BGF, and Cambridge Enterprise Ventures.   🌍 Resources & Environmental Management XOCEAN (IR), an ocean data collection and mapping platform, bagged €30M in an oversubscribed Series B round led by VentureWave Capital, alongside Endeavor Catalyst and Enterprise Ireland. Part of the investment includes €20M in venture-debt from the European Investment Bank (EIB).   🚢 Transport & Logistics Battery-swapping platform, Battery Smart (IN), raised $65M in Series B funding led by LeapFrog Investments and joined by Blume Ventures, Ecosystem Integrity Fund and others.   ♻ Waste & Recycling Eslando Circular Fashion, a circularity startup preventing textile-waste, has received £120,000 in pre-seed funding through Carbon13's Venture Launchpad, launched in partnership with Barclays Eagle Labs.   #startups #cleantech #netzero #carbonmanagement #climatetech #greeneconomy #electricmobility #Investments #climateecosystem #soilsequestration #recycledmaterials