Carbon13’s Post

Bristol tech secures more than £8.5M to scale waste-to-energy technology 🪙📈 Bristol waste-to-energy company WASE LIMITED has secured £8.5 million to unlock the power of waste. The round was led by Extantia Capital, with participation from Hitachi Ventures, WEPA Ventures, the family venture capital firm of the European multigenerational family business WEPA, and ENGIE New Ventures, the CVC arm of the global energy company ENGIE. Other investors include Elbow Beach Capital and Empirical Ventures. The round includes £2.4 million in non-dilutive funding. The round earmarks funds for the company to scale operations and execute multi-million pounds of signed contracts and projects with customers. The company said: "The investment is crucial in the next stage of our scale-up strategy and the delivery of our proprietary Electro-Methanogenic Reactor (EMR) technology to customers. We are excited for the coming years and the impact the investment will enable us to achieve." Continue reading... https://lnkd.in/e3SjRKX7 #technology #finance #funding #investing #sustainability #energy #climate #environment #businessnews #businessintelligence

Our February 2024 round-up newsletter includes sustainable investment news on the over $1 billion raised by cleantech companies Koloma, Fervo Energy, ENVIRIA , Ascend Elements and Antora Energy. https://bit.ly/48GEyGG Investors include: Khosla Ventures, Amazon, United, Bill Gates’ Breakthrough Energy Ventures, Energy Impact Partners, Devon Energy, Galvanize Climate Solutions, John Arnold, Liberty Mutual Investments, Marunouchi Innovation Partners, Mercuria, Mitsubishi Heavy Industries, Capricorn Investment Group’s Technology Impact Fund, Congruent Ventures, DCVC, Elemental Excelerator, Helmerich & Payne, Impact Science Ventures, BlackRock (through its Global Renewable Power IV fund), Galileo Green Energy Scotland, redalpine, Alter Equity, BNP Paribas Développement, Just Climate, Clearvision Ventures, IRONGREY, Decarbonization Partners, Temasek, Qatar Investment Authority, Emerson Collective, GS Futures, The Nature Conservancy, a subsidiary of NextEra Energy Resources, LLC, Trust Ventures, Lowercarbon Capital, Breakthrough Energy Ventures, BHP Ventures, Overture VC, and Grok Ventures. This month's featured innovation is the MK-V Electric Self-Driving Tractor from Monarch Tractor.  Developed with input from farmers, it is designed for ease of use and durability and aims to improve farming practices' efficiency, safety, and sustainability. Subscribe to our monthly newsletter to learn about these and future sustainable investments. #sustainableinvestment #EndowCapital #sustainablefinance #cleantech #innovation #cleantech

“Yara Growth Ventures invests in Dynelectro, who develops technologies to unlock the potential of solid oxide electrolysis (SOE). While SOE yields the highest possible efficiencies to produce renewable hydrogen and e-fuels, it has been suffering from system lifetime issues up to now. The investment is part of Yara International’s ambition to decarbonize fertilizer production and enable the hydrogen economy.” Read on to learn more about our plans to decarbonize fertilizer, moving sustainable production and our food supply forward. https://lnkd.in/dpQGtQYx

Nesta Impact Investments is proud to back Anaphite in their £10.4M Series A round, alongside World Fund, Maniv, EEI, and Elbow Beach Capital. This investment aligns with Nesta’s sustainable future mission to reduce UK household carbon emissions by 28% by 2030, furthering Anaphite's revolutionary approach to cleaner, more cost-effective battery manufacturing. 🔋 Anaphite has developed an innovative dry coating process for lithium-ion battery electrodes, eliminating the energy-intensive wet coating method. This breakthrough not only reduces emissions during production but also cuts costs, speeding up the green transition and supporting the growth of electric vehicles. 🌍 With battery production responsible for up to 60% of total EV manufacturing emissions, Anaphite's technology will play a critical role in decarbonising the industry. By lowering production costs, Anaphite is making EVs more accessible, helping drive the global shift toward cleaner transportation and energy storage solutions. Read more about this investment: https://lnkd.in/eejrm7DT

Funding News: Graphyte has secured $30 million in Series A funding, led by Prelude Ventures and Carbon Direct Capital with support from existing investors Breakthrough Energy Ventures and Overture . This capital will accelerate the deployment of Graphyte’s Carbon Casting technology and expand its carbon removal operations. Graphyte’s Carbon Casting process sequesters carbon-containing biomass waste underground, offering a cost-effective solution compared to other methods. 🗣  “We are thrilled to work with an amazing set of leading climate investors to start bringing durable carbon removals to scale using our proprietary Carbon Casting process," said Barclay Rogers, CEO of Graphyte. "Graphyte's solution is among the most promising for rapidly deploying durable carbon removal at massive scale." “Getting to 50,000 tonnes of annualized removal capacity so quickly speaks to both the scalability and cost competitiveness of Graphyte’s carbon removal technology,” said Mayank Kapoor, Principal at Carbon Direct Capital. "Carbon removal must scale as quickly as possible to make a climate impact and buyers are ready for solutions with high permanence and strong MRV," said Matt Eggers, managing director at Prelude Ventures. #CarbonRemoval #ClimateTech #SustainableInnovation #SeriesAFunding #CarbonCasting #GreenTech #ClimateAction #CleanEnergy #TechForGood #ClimateChangeSolutions

In great news for the green economy, Harpoon portfolio company Solugen has secured a conditional commitment for a $213.6M loan guarantee from the Department of Energy. Solugen, which is leading the charge in decarbonizing the chemicals industry through its carbon negative manufacturing process, will use these funds to develop its second facility, the Bioforge Marshall, a groundbreaking production plant that will be operated in partnership with ADM in the Midwest. Solugen is 1 of less than 20 startups that have received this financing from the DOE, underscoring its national significance in developing next-generation U.S. energy infrastructure. Solugen joins the ranks of other leading companies in the energy transition that have received this financing, like Sunnova (solar) and Plug Power (hydrogen). It's great to see this administration living up to the Executive Order on Advancing Biotechnology and Biomanufacturing Innovation issued in September 2022. Innovative solutions like Solugen's are critical in reshaping hard to abate sectors, and this funding shows that our country is committed to setting the standards for a productive bioeconomy.

RheEnergise Secures Key Equity Investment from Low Carbon Innovation Fund RheEnergise has successfully secured a substantial investment from the esteemed Low Carbon Innovation Fund (LCIF), a renowned leader in the field of low carbon innovation. This marks the commencement of a £720,000 investment round, strategically designed to propel RheEnergise's groundbreaking HD Hydro storage solution into the global market for medium and long-duration storage. With a targeted objective of raising at least £3 million, this funding initiative aims to expedite the commercialization of RheEnergise's grid-scale solution, offering a reliable 4-16 hours of energy storage. Distinguished as one of the few scalable options on a global scale, this investment, supported by LCIF and other strategic partners, will facilitate projects in key regions such as the UK, Ireland, USA, Canada, Chile, and Australia. RheEnergise's innovative technology holds the promise of transforming the landscape of renewable energy, contributing to a sustainable and resilient future. Stay tuned for the exciting developments ahead in the realm of clean energy innovation.

Çalık Enerji's investments for new energy continues with AP Ventures Fund III. As Çalık Enerji we are thrilled to announce our latest investment in AP Ventures Fund III. This investment exemplifies Çalık Enerji’s dedication to build a sustainable future for generations to come. AP Ventures, with its global reach and strategic focus on decarbonization, perfectly aligns with Çalık Enerji's vision. Their commitment to invest in the hydrogen value chain and carbon capture and utilization resonates deeply with Çalık Enerji's values and aspirations. We expect our journey with AP Ventures, will have a transformative impact on carbon intensive sectors and we remain committed to work tirelessly for a cleaner, greener future together. #sustainability #hydrogenvaluechain #APVentures #energyforabetterfuture

Congratulations to Science Creates member company WASE LIMITED on securing £8.5 million in funding to maximise biogas production with next-generation waste-to-energy tech! The start-up is accelerating sustainable waste and energy innovation by helping businesses harness the power and value of their waste to produce a circular economy. Its plug-and-play technology uses special bio-electrodes hosting electrically active bacteria to allow commercial waste to be treated onsite and up to 10 times faster, whilst extracting 30% more methane and boosting energy production by 30% in comparison to traditional anaerobic digestion. This seed funding round led by lead investors will accelerate WASE LIMITED's growth towards revolutionising the wastewater industry to protect the planet for future generations. Find out more below. #deeptech #innovation #sustainability

♻️ TheStorage Secures €1 Million Investment to Decarbonize Industrial Heat 👉 https://ain.social/3YDUW9j Finnish startup TheStorage has raised €1 million in a funding round led by 2C Ventures and Superhero Capital, aiming to tackle one of the biggest challenges in the green transition: decarbonizing industrial heat. Founded in 2023, TheStorage's sand-based thermal energy storage solution allows industries to store and use low-cost renewable energy like wind and solar, converting it into a stable supply of heat. This approach significantly reduces reliance on fossil fuels while cutting costs for industrial players. 🏭 💬 "Our solution empowers industries to transition to fossil-free processes and achieve significant cost savings," says Co-Founder and CEO, Timo Siukkola. The fresh funding will help build a proof-of-concept system and collaborate with industrial partners to further demonstrate its potential. #GreenTech #Cleantech #EnergyTransition #IndustrialHeat #Sustainability #StartupFunding #TheStorage #RenewableEnergy #SuperheroCapital #2CVentures #Finland #Nordics #Baltics #Decarbonization