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Updated December 18, 2024
Check out this week's VC investments in companies and startups in the energy space!
Julieta Vidal
Darcy Partners
Energy Transition
Industrial Decarbonization
Oil & Gas
Power & Utilities
Sustainability
Find below a list of VC investments in the following Innovators:
Crusoe Energy Systems: a developer of a flare mitigation solution that converts natural gas into electricity to power energy-intensive computing at the wellsite, raised $600m in Series D funding from Founders Fund, Fidelity (Management and Research Company), Long Journey Ventures, Mubadala, NVIDIA, and other investors.
Electrified Thermal Solutions: a on-demand renewable heat for industrials service provider, raised $19m in additional funding from Clean Energy Venture Group, EDP Ventures, GVP Capital, Holcim MAQER Ventures, MassVentures, and other investors.
Embotech: an autonomous vehicles management platform, raised $26m in Series B funding from Emerald Technology Ventures, Yttrium, BMW i Ventures, Nabtesco Technology Ventures, RKKVC, and other investors.
Pixxel: a space data company, building a constellation of hyperspectral earth imaging satellites and the analytical tools to mine insights from that data, raised $24m in Series B funding from Glade Brook Capital Partners and M&G Investments.
Modern Hydrogen: a distributed hydrogen production via methane pyrolysis system developer, raised $25m in Debt funding.
Nanoramic Laboratories: an energy storage and advanced materials company that has developed an electrode technology, Neocarbonix® at the Core, raised $44m in Growth funding from Catalus Capital, General Motors Ventures, Fortistar, Samsung Venture Investment, Top Material, and other investors.
Raptor Maps: a provider of aerial imaging services for photovoltaic operation and maintenance and site construction, raised $35m in Series C funding from Maverix Private Equity, Blue Bear Capital, Buoyant Ventures, Congruent Ventures, MacKinnon, and other investors.
SpotmyEnergy: a provider of a smart meter, an energy management system, and time-of-use electricity tariffs, integrating various home energy assets, raised $11m in Seed funding from Norrsken VC, Picus Capital, and Vorwerk Ventures.
WeaveGrid: a smart charging software, raised $28m in funding from Woven Capital, Activate Capital Partners, Collaborative Fund, Emerson Collective, HSBC, and other 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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