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Updated August 5, 2025
Check out this week's VC investments in companies and startups in the energy space!
Nicolas Lassalle
Darcy Partners
Find below a list of VC investments in the following Innovators:
- AirEv: an electric vertical takeoff and landing (eVOTL) aircraft developer, raised $23m in Series A funding from Entrée Capital.
- Cadeler: an offshore wind farm services company, raised an undisclosed amount in Debt funding from DNB, KfW, and SpareBank.
- EVgo: a fast EV charging network platform, raised $225m in PF Debt funding from Sumitomo Mitsui Banking Corporation, Bank of Montreal, ING Group, Investec, and Royal Bank of Canada.
- HydroLeap: an electrochemical-based wastewater treatment service provider, raised $5m in Series A funding from Antares Ventures, EDBI, Enterprise Singapore, and Woh Hup.
- Lyten: a lithium-sulfur battery, gas sensors and composites and plastics manufacturer, raised $200m in Growth funding.
- MobyFly: an electric or hydrogen powered hydrofoil ferry manufacturer, raised $13m in Series A funding from Crédit Mutuel Impact.
- Pearl Edison: a home electrification software and contractor services provider, raised $3m in Seed funding from Commonweal Ventures and New System Ventures.
- Planted Solar: a solar deployment platform that combines high-density racking, development software, and automated installation services, raised $12m in Series A funding from Piva Capital, Breakthrough Energy Ventures, Khosla Ventures, and Team Builder Ventures.
- Solidec: a modular electrochemical reactor developer for chemical manufacturing with carbon and water, raised $2m in Pre-seed funding from New Climate Ventures, Collaborative Fund, Echo River Capital, EcoSphere Ventures, Plug and Play Ventures, and other investors.
- Stargate Hydrogen: an alkaline electrolyzer developer, raised an undisclosed amount in Corporate Strategic funding from Repsol.
- Still Bright: an electrochemical-based copper extraction technology developer, raised $19m in Seed funding from Breakthrough Energy Ventures, Material Impact, Azolla Ventures, Fortescue, Impact Science Ventures, and SOSV.
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!