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Updated July 8, 2025
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:
- AssetCool: a grid hardware developer, raised $14m in Series A funding from Energy Impact Partners, Extantia, NPIF - Mercia Equity Finance, and Taronga Ventures.
- Climeworks: a direct air capture technology developer, raised $162m in Growth funding from Partners Group.
- Crosstown H2R: a gas turbine decarbonisation technology developer, raised $3m in Seed funding from 2100 Ventures, Ciri Ventures, Climate Insiders, SDAC Ventures, Swiss Federal Office of Energy (SFOE), and other investors.
- Dexter Energy: an AI-driven energy forecasting platform, raised $27m in Series C funding from Klima, Alantra, ETF Partners, Mirova, Newion, and other investors.
- Emerald AI: a data center power consumption management platform, raised $24m in Seed funding from Radical Ventures, Amplo, CRV, NVentures, and Neotribe Ventures.
- Eos Energy Enterprises: a battery energy storage developer, raised $23m in Post-IPO Debt funding from US Department of Energy (DOE).
- Minesto: a tidal and ocean current energy technology developer, raised $3m in Grant funding from Swedish Energy Agency.
- Rivian: an EV manufacturer, raised $997m in Post-IPO Equity funding from Volkswagen Group.
- SaltX Technology: a molten salt energy storage developer, raised $5m in Post-IPO Equity funding from Holcim.
- SDS Separation: a carbon capture solutions service provider, raised $2m in Series A funding from Invest-NL and Percival Participations.
- Sparc Hydrogen: a Kent Town, Australia-based photocatalytic hydrogen technology developer, raised $2m in Grant funding from Australia's Economic Accelerator (AEA).
- Steady Energy: a nuclear residential heating developer, raised $12m in Growth funding from 92 Ventures, Local Tapiola, Move Energy, Tesi, and Valo Ventures.
- Terra CO2 Technology: a supplementary cementitious materials developer, raised $124m in Series B funding from Breakthrough Energy Ventures, Eagle Materials, GenZero, Just Climate, Barclays Climate Ventures, and other investors.
- Tibo Energy: a smart grid energy management platform, raised $7m in Seed funding from KOMPAS, Hitachi Ventures, SET Ventures, Speedinvest, and WEPA Ventures.
- Vok Bikes: a heavy-duty electric cargo bike manufacturer, raised $6m in Series A funding from SQM Lithium Ventures, Metaplanet Holdings, SmartCap, Specialist VC, and Sunly.
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!