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Investments in Clean Tech - Week of 2024/10/14
Insight • Updated October 15, 2024
Check out this week's VC investments in companies and startups in the energy space!

Nicolas Lassalle

Darcy Partners

Energy Transition
Industrial Decarbonization
Power & Utilities
Sustainability
Carbon
CCUS
Critical Minerals
H2 & Low Carbon Fuels
Hydrogen
New Energies
Renewables & Energy Storage

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

  • Altris: a sodium-ion battery technology developer, raised $14m in Series B funding from Clarios, EIT InnoEnergy, Maersk Growth, and Molindo.
  • Blue Energy: a modular nuclear power plants developer, raised $45m in Series A funding from At One Ventures, Engine Ventures, Angular Ventures, Nucleation Capital, Propeller Ventures, and other investors.
  • Emvolon: a waste to carbon-negative fuels platform, raised $10m in funding.
  • Form Energy: an iron-air multi-day energy storage developer, raised $405m in Growth funding from T. Rowe Price, Blindspot Ventures, Breakthrough, Capricorn Investment Group, Claure Group, and VamosVentures.
  • forward earth: an automated carbon management, raised $5m in Seed funding from Revent and Speedinvest.
  • HysetCo: a hydrogen vehicle rental service provider, raised $219m in Growth funding from Hy24.
  • KoBold Metals: an AI-based critical mineral exploration platform, raised $491m in Series B funding from Andreessen Horowitz, Bill Gates, Breakthrough, the Jack Ma Foundation, and T. Rowe Price.
  • Lithios: a lithium extraction technology service, raised $12m in Seed funding from Clean Energy Ventures, GS Futures, Lowercarbon Capital, MassCEC 2030 Fund, and TechEnergy Ventures.
  • MOLG: a circular e-waste platform, raised $6m in Seed funding from Closed Loop Ventures, ABB, Amazon Climate Pledge Fund, Elemental Impact, Overture VC, and other investors.
  • Paebbl: a CO2 capture and mineralization service provider, raised $25m in Series A funding from Capnamic Ventures, 2050, Amazon Climate Pledge Fund, Aurum Impact, Goldbeck, and other investors.
  • Purpose Green: a digital twin for building efficiency service provider, raised $15m in Seed funding from Fifth Wall, Atlantic Labs, and Speedinvest.

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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