Thermal batteries for grid-scale vitality storage; aerial methane detection sensors, and lithium-ion battery recycling – Current offers value taking a look at:
Agriculture & Meals
FreezeM (2018) is a supplier of dormant black soldier fly larvae for insect farms. Via their know-how, FreezeM goals to sort out the challenges that vertically built-in insect farmers face by supplying neonates in induced hibernation. This will increase yield constantly in insect-protein cultivation, supporting producers trying to scale.
On February 14th, FreezeM raised $14.2M in Sequence A funding from the European Innovation Council with participation from different undisclosed buyers.
The funding will assist to construct a community of breeding services to provide insect farmers in numerous areas. FreezeM has filed patents round its tech and is concentrated on increasing manufacturing and market attain to capitalize on present traction for his or her know-how.
Power & Energy
Antora Power (2017) is a developer of a low-cost thermal battery for grid-scale vitality storage. The corporate has been in a position to launch its thermal battery at industrial scale and open its thermal battery manufacturing facility and devoted manufacturing line for thermophotovoltaic cells.
Antora Power raised $150M in Sequence B funding from Decarbonization Companions, Emerson Collective, GS Futures, The Nature Conservancy, Belief Ventures, Lowercarbon Capital, Breakthrough Power Ventures, BHP Ventures, Overture VC and Grok Ventures. Because it’s 2022 Sequence A spherical, complete funding was delivered to $230M.
This spherical can be used to help scaling manufacturing, manufacturing, and industrial deployments to satisfy the rising demand for his or her merchandise. It’s supported by the U.S. Division of Power’s Superior Analysis Tasks Company-Power (ARPA-E) and Industrial Effectivity and Decarbonization Workplace (IEDO) in addition to the Nationwide Science Basis and the California Power Fee.
Supplies & Chemical compounds
Paques Biomaterials (2021) is a developer of biobased biodegradable PHA from industrial and municipal waste streams. Since 2022, Paques Biomaterials has been operating an indication plant in Dordrecht in collaboration with HVC and 5 Dutch waterboards. Moreover, it has collaborated with Looop to additional enhance its know-how.
On February 12th, Paques Biomaterials raised $15M in Seed funding from Make investments-NL and NOM (or the Funding and Growth Company for the Northern Netherlands).
The funding can be used to construct an extraction facility within the northeastern Netherlands for PHA manufacturing. The corporate is trying to scale up and transfer into the following section of development, with plans to start manufacturing at its Drenthe extraction facility in 2026.
Assets & Environmental Administration
Kairos Aerospace (2022) is a developer of superior aerial sensors mixed with cloud-based analytics to quickly discover methane leaks on a continental scale. Its emission seize know-how is already in widespread use throughout North America, offering speedy and actionable methane emissions knowledge.
Kairos Aerospace’s February 21st Progress Equityr raised $52M from BlackRock, Hartree Companions, DCVC Bio, Local weather Funding, and Power Innovation Capital.
Kairos Aerospace goals to make use of the funding to convey its know-how to its clients. Later in Q1, Kairos Aerospace intends to rebrand as Perception M to raised align with its plans transferring ahead.
Transportation & Logistics
Daze (2018) is a supplier of EV charging options. Daze has spent the previous three years growing Dazebox, its first product, in addition to increasing its vary to incorporate house charger Dazebox Residence in 2023.
On February 14th, Daze’s profitable Sequence A spherical raised $16.1M to solidify presence in Spain and France and gas enterprise growth into new European markets. Collaborating buyers included CDP Enterprise Capital, European Innovation Council (EIC), Simest, Founders Future, Prana Ventures, and 035 investimenti.
Along with this spherical, Daze plans to host an fairness crowdfunding marketing campaign hosted on the Mamacrowd portal. This marketing campaign has two functions: to foster engagement with present supporters and to lift €1.5M in preparation for its February launch.
Waste and Recycling
Altilium Metals (2018) recycles lithium-ion battery supplies and operates mines. The corporate efficiently expanded its recycling services within the UK, solidified its senior administration staff, and refined its EcoCathode hydrometallurgical course of.
Altilium Metals raised $9.43M in Sequence A funding from SQM Lithium Ventures on February 23rd. The spherical is a follow-on funding from its earlier Sequence A spherical in September of 2023. This funding follows a £700K grant from the UK authorities to help analysis initiatives centered on recovering copper and uncommon earth components from mine waste.
The funding will broaden Altilium’s operations within the UK and Europe and facilitate the introduction of the corporate’s battery circularity providing. In 2024, Altilium Metals intends to start operations at their Devon facility and assemble the primary battery recycling station.
Enabling Applied sciences
Monumo (2017) is a developer of AI-engineered electrical motors and mills. Monumo has entered into NDAs with a number of tier one engineering corporations and OEMs.
Monumo’s profitable Seed spherical raised $13.3M on February 21st from undisclosed angel buyers. The spherical accompanied Monumo’s emergence from stealth having been incubated at Cambridge Institute for Sustainability Management and an inaugural member of its Cover Enterprise hub in October 2022.
Funds can be used to broaden operations and improvement efforts.
