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Latest VC Investments in Clean Technologies
Insight
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Updated June 3, 2023
Check out this week's VC investments in companies and startups in the energy space!
Jonathan Garcez
Darcy Partners
Energy Transition
Oil & Gas
Power & Utilities
Sustainability
Hydrogen
Low Carbon Fuels
Find below a list of VC investments in the following Innovators:
- Accelergen Energy a renewable power and storage developer, raised $30M from Leyline Renewable Capital.
- Ambient Fuels a green hydrogen project developer, raised $250M from Generate Capital.
- ConnectDER a equipment developer that enables rapid interconnection of grid-ready DERs, raised $27M in Series C funding from Energy Innovation Capital, LG Technology Ventures, Evergy Ventures, Riverstone LLC, Skyview Ventures, Clean Energy Ventures, and Avista .
- dcbel a bidirectional EV chargers manufacturer, raised an undisclosed amount of funding from The Volvo Cars Tech Fund.
- Endua a provider of clean energy storage solutions, raised $11.8M in Seed funding ($7.5M equity, $4.3M grants) from 77 Partners, Ampol, Main Sequence Ventures, Melt Ventures, and Queensland Investment Corporation and Grant funding from AusIndustry and Advanced Manufacturing Growth Centre.
- Ethernovia a company that is building ethernet system for electric vehicles, raised $64M in Series A funding from Western Digital Capital, VentureTech Alliance, Taiwania Capital Management Corporation, Qualcomm Ventures, Porsche, Fall Line Capital, ENEA Capital, and AMD Ventures.
- Glassdome an industrial software company with expertise in the acquisition and analysis of data from manufacturing equipment, raised $9M in Series A funding from Atinum Investment, Crit Ventures, Dunamu, Lotte Chemical, Murex Investments, and Primer Sazze Partners.
- Gradiant a water and wastewater treatment company, raised $225M in Series D funding from BoltRock Holdings and Centaurus Capital.
- iDEAL Semiconductor a developer of energy-efficient power semiconductors designed for energy conversion in electronic system, raised $40M in Series C funding from Applied Materials.
- Kensa Group a ground-source heat pump developer, raised $87M from Legal & General Capital and Octopus Energy.
- Kyoto Fusioneering a nuclear fusion technology developer, raised $73M in Series C funding from Coral Capital, DBJ Capital, Global Brain Corporation, INPEX Corporation, J-POWER, JIC Venture Growth Investments, Kansai Electric Power, Mitsubishi Corporation, Mitsui & Co, MUFG Bank, and SMBC Venture Capital.
- Mitiga Solutions a natural disaster risk and resilience platform, raised $14M in Series A funding from Creas, Faber, Kibo Ventures, Microsoft Climate Innovation Fund, and Nationwide Ventures.
- Noveon a sustainable rare-earth magnets developer, raised $75M in Series B funding from NGP Energy Capital Management and Aventurine Partners.
- Novisto an end-to-end enterprise software for sustainability management, raised $20M in Series B funding from Inovia Capital, White Star Capital, Portage Ventures, Diagram Ventures, and SCOR Ventures.
- Odyssey Energy Solutions an industry platform to simplify, streamline, and reduce the costs of developing and financing energy projects, raised $15M in Series A funding from Union Square Ventures, Equal Ventures, Twelve Below, Transition, Equator, MCJ Collective, Abstract Ventures, Founder Collective, and Climate Capital.
- Peak Power a Software Platform that forecasts, optimizes, and automates distributed energy resources, raised $35M in Growth funding from Greenbacker Capital Management, Osmington, BDC Capital, Export Development Canada, Hatch, Sensata Technologies, and The Atmospheric Fund (TAF).
- PIONIX an EV charging provider, raised $5M in Seed funding from Axeleo Capital, MobilityFund, Pale Blue Dot, Vireo Ventures, and Yabeo Capital.
- Pledge a carbon accounting for logistics company, raised $10M in Series A funding from Zinal Growth, Base Partners, ACE & Company, Lowercarbon Capital, and Visionaries Club.
- Pluton Biosciences a company that develops microbes for carbon sequestration, raised $17M in Series A funding from Fall Line Capital, First In Ventures, Grantham Environmental Trust, Illumina Ventures, iSELECT FUND, RA Capital Management, Radicle Growth, and Wollemi Capital.
- Quilt a residential heat pump developer, raised $9M in Seed funding from Lowercarbon Capital, Gradient Ventures, Incite Ventures, MCJ Collective, Garage Capital, Climate Capital, and Spaceadet.
- Satellite Vu a thermal satellite monitoring company, raised $16M in Series A funding from Molten Ventures, Lockheed Martin, Seraphim Space, and Earth Sciences Foundation.
- Susteon a SAFs developer, raised $400K from Aviation Climate Taskforce.
- UNDO an enhanced rock weathering carbon removal company, raised $10M in Seed funding from Lowercarbon Capital and AENU.
- VEIR a developer using high-temperature superconductors for electricity transmission, raised $25M in Series A funding.
- Vensum Power a company developing compact, efficient power converters for diverse applications like EV charging, raised $4M in Seed funding from Lifeline Ventures, Grid.vc, and Business Finland.
- Waterplan a SaaS platform for companies to manage water availability in their facilities, raised $11M in Series A funding from Base10 Partners, Giant Ventures, Transition Global, Y Combinator, and MCJ Collective.
See you next week to learn more about where VC's money is flowing!