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Update on Venture Capital Investments in Clean Technology
Insight
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Updated October 18, 2022
Find the latest Clean Tech VC deals
Alex Airala
Darcy Partners
Energy Transition
Sustainability
Carbon
Hydrogen
Methane Emissions
Water, Waste, Spills
Find below a list of VC deals done on the past week:
- Carbonfuture, an online marketplace and fully digitized platform for high-quality and effective carbon sink, raised $5.4m in Seed funding from Carbon Removal Partners, Übermorgen Ventures, WiVenture, 4impact Capital, and Sustainable Future Ventures.
- Climatiq, a startup that provides an open dataset of global emission data and the technical infrastructure that is needed to make meaningful reductions to climate footprint, raised $5.8m in Seed funding from Singular and Cherry Ventures.
- Continue AI, a sustainability intelligence platform helping companies identify gaps in their ESG performance, raised $5.7m in Seed funding from Maple Capital, Grove Ventures, Ride Ventures, Liquid 2 Ventures, and Kindergarten Ventures.
- Earthmover, an early-stage startup building a climate research platform for array data analytics in the cloud, raised $1.7m in Pre-seed funding from Costanoa Ventures.
- GreenPlaces, a sustainability software that serves as a company's sustainability team, helping clients gain visibility into carbon emissions, reduce environmental impact, and reach climate goals, raised $4m in Seed funding from Felicis and Bull City Ventures Partners.
- Iconic Air, a software startup providing a transparent, continuous, and automated process for ESG reporting metrics, raised $5m in Seed funding from XYZ Venture Capital, Garuda Ventures, the GTM fund, and Country Roads Angel Network.
- Infinium, a company with proprietary technology that converts carbon dioxide and hydrogen into very low-carbon fuels, raised an undisclosed amount of funding from SK Innovation.
- MOF Technologies, a carbon capture company using MOF (metal organic framework) development to reduce industrial emissions, raised $4.3m in Series A funding from Clean Growth Fund and Barclays Ventures.
- Net Purpose, a platform for sustainable investors, providing quantitative facts on the social and environmental performance of companies and investment portfolios with financial data transparency, raised $9.8m in Series A funding from ETF Partners, M-Tech Capital, Exceptional Ventures, Illuminate Financial and Revent increased their commitments.
- Solarize, a company that provides SaaS for energy production, distribution and billing for commercial microgrids, raised $4.2m in Seed funding from Point Nine and Picus Capital.
- Solestial, a company developing ultra-thin silicon solar cell that can self-cure radiation damage at normal operating temperatures in space, raised $10m in Seed funding from Airbus Ventures, AEI HorizonX, GPVC, Stellar Ventures, and Industrious Ventures.
- SunDrive Solar, a manufacturer of copper and other material-abundant solar cells intended to replace the use of silver in the cell manufacturing process, raised $21m in Series A funding from Virescent Ventures, Main Sequence Ventures, Grok Ventures, and Blackbird Ventures.
- Universal Hydrogen, a green hydrogen company that provides a modular refueling solution for hydrogen aircrafts raised funding from American Airlines.
- Vecmocon Technologies, a developer of electric smart vehicles designed to provide services like core electric vehicle subsystems, motor controllers and vehicle communication and integration modules, raised $5.2m in Seed funding from Tiger Global Management and Blume Ventures.
- Waste4Change, a company developing digital waste management infrastructure to reduce waste in landfills, raised $5m in Series A funding from AC Ventures, Barito Mitra Investama Junerosano, Urban Gateway Fund, SMDV, Paloma Capital, Living Lab Ventures, Delapan Satu Investa, and Basra Corporation.