Synop’s Post

Congratulations to Ted, Bav, and David and the Verne team on closing a strategic fundraise led by Trucks Venture Capital, with participation from existing investors Collaborative Fund and Amazon's The Climate Pledge + new investors United Airlines Ventures Sustainable Flight Fund and Newlab. This brings Verne's total fundraising to $15.5m. 🚛🌍 Verne is a leading developer of high-density hydrogen storage systems, with the goal of enabling hydrogen-run vehicles to reach diesel-equivalent range and payload. This new funding round will enable Verne to accelerate the development of its cryo-compressed hydrogen (CcH2) technology for onboard hydrogen storage in heavy-duty vehicles. Heavy-duty transportation is responsible for 12% of U.S. greenhouse gas emissions. #verne #hydrogen #climatetech

Learn more from Sophie about why we led Anthro's $20M Series A 👇 👀 Hint: it has to do with two megatrends in battery safety 🔋 https://lnkd.in/eGwTJgBD

Arkion (formerly Skyqraft) closes a $4 million funding round and I’m so proud that we’ve been backing David Wickström and Louise Gauffin and team from Day 0 (the very first investment we ever did!). This round was led by Subvenio Invest with participation from Neptunia Invest and Antler. Arkion has recently achieved significant milestones, including closing several key client accounts in the US and Europe, tripling revenue, and achieving over 80% AI coverage of faults in distribution grids. With energy consumption poised to double by 2045, the resilience and modernization of our grid infrastructure are pivotal in shaping a net-zero future. Currently, 90% of grid defects evade detection, potentially driving grid maintenance costs to $2 trillion by 2030 to maintain reliability. The urgency of the global energy transition is clear. Huge congrats Arkion team! #arkion #funding #antlerstartups

The ability of Jaltech Fund Management to provide solar financing for up to 20 years supports the generation of a higher Rand value of electricity than the annual capital payments to them. This translates into a positive cash flow position for AlleyRoads from the outset.

📍 Liverpool ULEMCo Ltd has raised over £5m in a funding round led by Mercia Ventures. ULEMCo’s ‘dual fuel solution’ (H2CED) enables heavy duty vehicles to run off hydrogen but continue to use diesel where necessary. It allows operators to switch to cleaner fuel and significantly reduce their carbon emissions without having to replace their existing fleet. The new funding will enable the company to develop new products in hydrogen dual fuel, fuel cell and zero-carbon emission combustion, and expects to create around 100 new jobs across the UK. Mercia Ventures was investing from its own funds and the first Northern Powerhouse Investment Fund, and backed by existing investors Equity Gap, the North West Fund and Scottish Enterprise. More ⏬ #NPIF #VentureCapital #Investment #CleanTech #Liverpool | British Business Bank North of England

🎤Alright! Tomorrow, I'll be taking the stage for 6 minutes again :-) 🎯3min to present MuWind. Our Mission and how everything we do revolves around it. ❓+3min of Q&A 🤔Most people have preconceived ideas of #smallwindturbines. It ranges from: 😐 "we should cover every m² of the world with it" to 😑 "they are responsible for the extinction of Wooly Mammoths". 😅 So this format is very challenging to reframe the situation and potential of #SWT 🥇If we win, the financial prize should enable us to replace the beton blocks with an anchoring system, therefore reducing the total carbon footprint of the turbine by approx. 80% and making it usablea in even more isolated areas.

Thanks Eric Mallia for organizing and moderating the panel on Scaling EV fleet operations. A provocative discussion on how fleets can increase their profitability and ROI through Sustainability initiatives by taking a “systems approach” rather than the legacy approach of ICE vehicle replacement and route-by-route electrification. WideSense enables fleet operators to transform their existing ICE transportation work to EVs through systematic Operational Design and then Real-time Operational Guidance to provide the actionable decision support for dispatch, on-route transportation management and maintenance of EVs based on actual degradation of vehicle components. When GEOTAB telematics real-time vehicle data is combined with maps for route topologies and weather and traffic forecasts it enables WideSense to continuously and automatically learn highly accurate AI-powered Digital Twins of the predictive behavior of each fleet EV in real-world conditions. #fleetelectrification #ai #transportationmanagementsystem #fleetoperations #fleetoptimization #fleetprofitability

We are thrilled to announce that Doug Schultz, Chief Operating Officer for the Department of Energy’s new Office of Clean Energy Demonstrations (OCED) will be speaking at our upcoming Decarb TechInvest 2024 conference. Doug Schultz will be speaking on day one, highlighting case examples of providing a bridge to bankability and accelerating high-impact industrial decarbonisation initiatives. About the Department of Energy’s new Office of Clean Energy Demonstrations (OCED) OCED was established in 2021 with a mission to help scale the key emerging technologies required to tackle pressing climate challenges and meet net zero emissions by 2050. OCED is executing on more than $20 billion in pilot and demonstration scale clean energy technologies funded through the bipartisan infrastructure bill. Find out more ➡️https://hubs.li/Q02HcrRV0 About Decarb TechInvest Decarb TechInvest is the only meeting with the unique focus of building a healthy deal environment and the right ecosystem to accelerate the cycle of de-risking, scaling and exits needed to commercialize breakthrough technologies for industrial decarbonization. Book now and take advantage of our super early bird rates ending today! https://hubs.li/Q02HcqH70 #decarbconnect #techinvest #earlybirddiscount #decarbonisation #hardtech #technology #sustainability #networking #startups

Really great to have Mercia on board and that our existing investors continued to back us. The recent awareness of the fundamental role that #hydrogen will play in delivering #Netzero transport is incontrovertible; however we need to start the investment in infrastructure and green h2 production, now, or this will be just talk. Creating demand that will help mitigate the early stage risk and non-existent investment case for this, today, is essential to minimise amounts needed from public funds to support this stage. Our pragmatic approach with #h2ICED (which requires minimal investment from the vehicle and machine owners) is therefore a massive opportunity for governments and infrastructure investors to get behind us, as a root to achieving ROI, now, rather than that “sometime in the future” wishful thinking that seems to be pervading everyone’s view at the moment. This equity investment will support our scale up around #hydrogenhubs accross the U.K. and beyond and an exiting phase of our company and technology development.

⏪ #ICYMI We shared exciting news last week with the announcement of Hy24’s investment into HYSETCO, which aims at expanding the operations of 🇫🇷 France’s leader in #hydrogen mobility across the country and across Europe. This will mean deploying a dozen new stations by 2025 to serve several thousand H2 vehicles — thus accelerating #decarbonization efforts via HysetCo’s integrated mobility solution which has already helped displace 20 million kilometers worth of driver’s emissions. As Pierre-Etienne Franc, CEO of Hy24, told Bloomberg: “the decarbonization of transport won’t happen solely with battery electric vehicles.” That is why such an investment is key, as we aim at building a greener #mobility. 🚙 👇 Read more in this article by energy reporter Francois De Beaupuy: https://lnkd.in/ey7j84SP