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Investments in Clean Tech - Week of 2024/5/6
Insight • Updated May 7, 2024
Check out this week's VC investments in companies and startups in the energy space!

Milagros Solá

Darcy Partners

Find below a list of VC investments in the following Innovators:

  • Pine Gate Renewables: a renewable energy developer, owner, and operator, raised $650m in PE Expansion funding from Generate Capital, HESTA, and Healthcare of Ontario Pension Plan.
  • AIDash: an infrastructure monitoring platform, raised an additional $8.5m in Series C funding from additional investors Lightsmith Group and Marubeni Corporation.
  • Charge Zone: a fleet electrification and retail EV charging platform, raised $19m in Growth funding from British International Investment and BlueOrchard Finance.
  • LiNova: a high-energy polymer battery technology maker, raised $16m in Series A funding from Catalus Capital and Chevron Technology Ventures. 
  • Movener: a hybrid vehicle retrofitting company, raised $2m in Seed funding from SQM Lithium Ventures. 
  • Pure Lithium: a lithium battery technology platform, raised an undisclosed amount in additional Series A funding from Ivanhoe Capital and WS Investment Company.
  • Stargate Hydrogen: a green hydrogen via alkaline electrolyzers developer, raised $45m in Seed funding from UG Investments. 
  • X Shore: an all-electric boat manufacturer, raised $9m in funding from undisclosed investors. 

These investments signal industry traction - if you would like to learn more about any of the innovators in this article, you can contact a Darcy researcher or request an update via their Storefronts. See you next week to learn more about where VC's money is flowing!

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