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Current Offers – 19 September 2023


Turning urine into crop bio stimulants; round wood-based packaging supplies; energy environment friendly augmented actuality automobile HUDs – discover Current Offers value taking a look at right here:

Agriculture & Meals

Toopi Organics  (2019) develop urine-based crop bio-stimulants. Toopi Organics intends to gather and convert greater than 2 million litres of human urine into crop bio stimulants by 2027, decreasing the necessity for mineral fertilizers.

Toopi Organics’ profitable Sequence A funding spherical raised $17.2M.

The funding will go in direction of increasing Toopi Organics’ assortment operations, growing three new merchandise and constructing two new industrial websites.

Vitality & Energy

Verkor (2020) is a producer of low-carbon batteries for electrical autos and stationary storage. This gigafactory contributes to the continuing efforts in Europe in direction of home battery manufacturing for electrical mobility and vitality storage.

Verkor secured $907M in funding to assist the event in of a gigafactory in Dunkirk.

Verkor has additionally obtained further funding from the French authorities by means of ADEME to assist this endeavour.

Supplies & Chemical substances

Paptic (2015) is a developer of bio-based, sustainable packaging materials to switch plastic and paper baggage. Paptic is a sustainable packaging materials product of renewable wooden fibres.

Paptic secured Sequence A funding of $24M to speed up the economic scaling of Paptic’s foam-based manufacturing expertise.

The funding can even be used to profit its international buyer base and assist its commitments to be carbon-neutral by 2030.

Sources & Atmosphere

Ascend Components (2015) (previously Battery Resourcers) is a supplier of lithium-ion battery biking companies.

Ascend Components raised $542M to construct the US’ first commercial-scale, NMC cathode precursor (pCAM) and cathode lively materials (CAM) manufacturing facility in Kentucky. The Division of Vitality has additionally granted Ascend Components $480M to assist the development of this manufacturing facility.

This fairness financing is reported to be one of many largest cleantech non-public placements within the U.S. to this point, and one of many prime 10 fairness non-public placements to date in 2023.

Transportation & Logistics

Envisics (2018) is a developer of a dynamic holography platform for enhanced automobile dashboards, decreasing vitality use in dashboards by 50%. Envisic’s augmented actuality Head-Up shows (ARHUD) are 50% extra energy environment friendly than standard HUDs.

Envisics raised $50M Sequence C funding to assist continued technological improvement, with investments from Van Tuyl Firms and M&G Investments.

Enabling Applied sciences

Open Cosmos (2015) is a supplier of turnkey, end-to-end options, enabling area mission companies. By way of their expertise, Open Cosmos satellites can measure GHG emissions, present knowledge on international temperature tendencies, monitor polar ice caps, sea ranges, and ocean currents.

Open Cosmos’ Sequence B funding spherical raised $50M in funding that shall be put in direction of accelerating its progress, supply and worldwide market enlargement plans.

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