November Update on Venture Capital Investments in Clean Technologies

Insight • Updated November 1, 2022

Keep an eye on the latest investments in clean energy companies.

Alex Airala

Darcy Partners

Energy Transition

Oil & Gas

Power & Utilities

Sustainability

Asset Management & Digitization

Carbon

Distributed Energy Resources

Methane Emissions

Transportation Electrification

AM Batteries a company that provides dry-electrode manufacturing technology for lithium-ion batteries, raised $25m in Series A funding from Anzu Partners, TDK Ventures, Foothill Ventures, Toyota Ventures, Zeon Ventures, SAIC Capital, VinFast, Doral Energy-Tech Ventures, and Creative Ventures.
Ascend Elements which have developed a cathode-to-cathode recycling process designed for processing end of life lithium-ion batteries, raised $300m ($200m equity, $100m debt) in Series C funding from Fifth Wall Climate, SK ecoplant, Oman Investment Authority, Lithium Americas, Gly Capital Management, Mirae Asset Capital, Shinhan GIB, Hitachi Ventures, InMotion Ventures, TDK Ventures, Orbia Ventures, At One Ventures, TRUMPF Venture, and Doral Energy-Tech Ventures.
Frequenz a solution provider to reduce corporate grid consumption and electricity costs, raised $13m in Series A funding from SET Ventures and 468 Capital.
Global Surface Intelligence a natural resource management platform, raised funding from Alter Technology TUV Nord Group.
H55 a provider of electric propulsion solutions and battery pack systems for aviation purposes, raised funding from RTX Ventures.
Impact Bioenergy a community-scale anaerobic digestion (AD) system developer that convert food waste into renewable natural gas (RNG), raised $3.6m in Series A funding from ITOCHU Corporation.
Ionblox (prev. Zenlabs) a manufacturer of high energy density lithium ion batteries for ground and aerial electric vehicles, raised $24m in Series B funding from Lilium, Applied Ventures, and Catalus Capital.
Joro a platform for corporate employees to track and reduce climate footprint, raised $10m in Series A funding from Sequoia Capital, Amasia, Norrsken VC, and Arrive.
RIFT developer of a process that rusts and unrusts iron yield high-temperature energy that is converted into steam or hot water, raised $2.3m in Seed funding from Rubio Impact Ventures, BOM, and Energy Transition Fund Rotterdam.
SenseNode develops and sells energy monitoring and control systems, raised funding from Latour Future Solutions AB.
SYSO Technologies provider of end-to-end renewable energy and storage management technology and services, raised $10m in Series A funding from Lacuna Sustainable Investments.