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Update on Venture Capital Investments in Clean Technology
Insight
•
Updated February 1, 2023
Stay ahead of the curve with the latest insights on clean technology investments
Alex Airala
Darcy Partners
Energy Transition
Power & Utilities
Sustainability
Renewables & Energy Storage
Find below a list of VC investments in the following Innovators:
- Aedifion provides a platform that focuses on energy consumption and operating costs of buildings reduction, raised $13m in Series A funding from Bauwens Digital, BeyondBuild, BitStone Capital, Drees & Sommer AG, Momeni Ventures, Phoenix Contact Innovation Ventures, and World Fund.
- AMPECO a software company that offers a white-label and hardware-agnostic EV charging management platform bundled with white-label EV driver apps, raised $13m in Series A funding from BMW i Ventures, Cavalry Ventures, and LAUNCHub Ventures.
- CarbonOrO a modular concept that allows the production of biomethane that can be injected into the gas grid, and can be used as gaseous transportation fuel (CNG), or in liquid gas applications (LNG), raised $4m in Series A funding from ICOS Capital Management, Inpex, and Putifer.
- Ecozen a developer of clean solutions for motor controls, IoT, and energy storage, raised $25m in Series C funding from Caspian Impact Investments, Dare Ventures, Hivos-Triodos Fund, IFA Global, India Exim Bank, Nuveen Investments, and Omnivore.
- FUERGY a company that uses AI-powered software and scalable hardware devices to provide energy consumption optimization and financially attractive renewable energy, raised $17m from ProPartners.
- INERATEC a provider of modular chemical plants for Power-to-X and Gas-to-Liquid applications and supplies sustainable fuels and products., raised an undisclosed amount of funding from ENGIE New Ventures, FO Holding, High-Tech Grunderfonds, Honda Motor, MPC Capital, Planet A Ventures, and Safran Corporate Ventures.
- Kuva Systems an industrial IoT solution that continuously monitors and quantifies the intensity of methane and VOC emissions using infrared imaging, raised $11m in Series A funding from Clean Energy Venture Group, Climate Innovation Capital, Dräger, and LaunchPad Ventures.
- Log 9 Materials a Aluminium–air battery, aluminium fuel cells for both mobility and stationary energy applications developer, raised $11m in Series B funding from Anicut Capital, Cornerstone Ventures, Kube Opportunities’ LO Fund, Piva Capital, RTBI, and SiriusOne Capital.
- Lynkwell an electric vehicle charging platform company that helps businesses and government entities create their own branded charging networks., raised $30m from Warren Equity Partners.
- Noon Energy a long duration energy storage startup, raised $28m in Series A funding from Aramco Ventures, Clean Energy Ventures, and Saudi Aramco Energy Ventures.
- Refuel Green a e-fuel platform technology that combines syngas generation and hydrocarbon synthesis, raised $1m in Pre-Seed funding from High-Tech Grunderfonds and TGFS - Technologiegründerfonds Sachsen.
- Renaissance Fusion a nuclear fusion company, raised $16m in Seed funding from HCVC, Lowercarbon Capital, Norrsken VC, and Positron Ventures.
- Senken an open, on-chain carbon credit marketplace for verifiable climate action, raised $8m in Seed funding from Obvious Ventures, Offline Ventures, Inflection Point Ventures, Kraken Ventures, and Climate Capital.
- Tyba a modeling platform for developing, financing, and operating solar and storage projects, raised $2m in Seed funding from Lorimer Ventures, MKT1 Capital, Powerhouse Ventures, Vista Ventures, and Wireframe Ventures.
- WattCarbon a software company that calculates hourly Scope 2 emissions for buildings as well as avoided emissions from renewable energy production, energy efficiency, and demand response, raised $5m in Seed funding from True Ventures, Village Global, Jetstream Capital, Not Boring Capital, Keiki Capital, GreenSoil Investments, and Nexus Labs.
Stay tuned for more updates on CleanTech investments.
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