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Current Offers – 4 June 2024


Actual-time water administration software program, animal feed derived from mycoproteins, and depolymerized textile manufacturing: Current Offers value taking a look at 

 

Agriculture & Meals 

Enifer (2019) is a developer of mycoprotein-derived meals and animal feed merchandise. Presently, the corporate’s core product, a protein and fiber wealthy powder, is tailor-made to pet meals and aquaculture purposes.  

On Could 23rd, Enifer raised $16.2M in Sequence B funding from Taaleri Bioindustry, Nordic Foodtech VC, Voima Ventures and Valio. This spherical accompanied a $9.8M mixed mortgage from Finnish Local weather Fund and Finnvera, leading to $26M raised in whole.  

The mixed capital might be put in direction of funding its first industrial-scale manufacturing facility. They intend to run two to a few totally different uncooked supplies, together with lactose permeate, to ultimately swap to human meals purposes by 2028.  

Vitality & Energy 

Reactive Applied sciences (2010) supplies distinctive measurement and analytics providers for grid operators, an optimization platform for companies, and an Enhanced Energy Buy Settlement for renewable mills. Its GridMetrix® expertise measures grid inertia and different capabilities with 95% accuracy.  

Reactive Applied sciences raised $31.4M in Development Fairness funding from M&G Investments, BGF, and Breakthrough Vitality Ventures. M&G’s participation comes from Catalyst, their purpose-led personal property technique supporting corporations tackling environmental and social challenges.   

The spherical might be put in direction of world growth initiatives and group progress globally as renewables penetration will increase. Previous to the spherical, Reactive Applied sciences efficiently entered the U.S. market by a large-scale collaboration with a number of entities in New York.  

Supplies & Chemical substances 

Claros Applied sciences (2018) is a developer of superior supplies together with water sorbents and purposeful textiles. Their PFAS contamination answer completely destroys all sorts of PFAS (lengthy, brief and ultrashort chain perfluoroalkyl and polyfluoroalkyl substance or “eternally chemical substances”).  

Claros Applied sciences’ Could 28th Development Fairness spherical raised $22M from Ecosystem Integrity Fund, American Century Investments, Capita3, Youngsters’s Minnesota, Kureha America, Open Door Basis, and F. R. Bigelow Basis.  

The funding might be used to proceed scaling the analysis, improvement and market penetration of its UV-photochemical PFAS destruction applied sciences, its sturdy anti-viral, anti-bacterial, anti-odor and broad-spectrum UVA and UVB bio-based purposeful supplies applied sciences and its ISO/IEC 17025:2017 analytical laboratory. 

Assets & Environmental Administration 

OkETOS (2015) supplies real-time analytics by a {hardware} and software program answer for water administration. Their software program makes use of machine studying and predictive expertise to measure elements per billion particular and standardized water metrics.  

KETOS’s raised $10M in Development Fairness funding on Could 21st from Tenfore Holdings, Danu Companions, Broadway Angels, Plug & Play Ventures, Plum Alley Investments, and Accenture. Accenture additionally serves as a strategic resale companion to KETOS. 

KETOS intends to make use of the funds to advance its go-to-market technique and broaden its presence throughout the 9 nations it operates in. Moreover, the capital may also bolster KETOS’ analysis and improvement specializing in addressing PFAS points out there. 

Transportation & Logistics 

Cargobeamer (2003) is a supplier of railcars, dealing with terminals and logistics software program. Their CargoBeamer system permits particularly non-craneable semi-trailers to be transported by rail, leading to a big discount of CO2 emissions. 

On Could 22nd, Cargobeamer secured $151.9M in Sequence B funding from German Federal Railway Authority, Swiss Federal Workplace of Transport, Nordwind Ventures and different undisclosed personal buyers.   

The funding might be directed in direction of the development of revolutionary freight terminals in Germany and Italy. These terminals will deal with all sorts of semi-trailers and facilitate the corporate’s growth in Europe.  

Waste and Recycling  

Syre (2022) is a producer of textiles utilizing textile-to-textile depolymerization. Its vitality environment friendly and scalable answer renders round polyester on par with virgin polyester when it comes to high quality by reworking shopper waste into round polyester.  

Syre raised $59.8M in Sequence A funding on Could 23rd from Big Ventures, IMAS Basis, Norrsken VC, Volvo Vehicles Know-how Fund, and TPG Rise Local weather.  

Via this funding, Syre will have the ability to purchase the patented expertise for his or her textile-to-textile recycling answer developed by Premirr for previous 9 years. The funding may also be put in direction of realizing its blueprint gigascale textile-to-textile recycling plant within the U.S., which they goal to start building on in 2025.  

 

  

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