Recycling complicated plastics; an app that manages EV charging; decarbonizing rice farming by means of satellite tv for pc information– Latest offers value :
Agriculture & Meals
CarbonFarm (2021) is a supplier of a satellite-based platform permitting rice farmers to quantify and cut back greenhouse gasoline emissions and promote carbon credit.
CarbonFarm’s Sequence A funding spherical raised $2.7M on October 25th. This funding will assist enlargement throughout main international rice cultivating areas in Asia, Africa, and South America, furthering CarbonFarm’s goal to decarbonize rice farming by means of its operations.
Vitality & Energy
Aira (2022) is a developer of energy-efficient warmth pumps.
On October 18th, Aira secured $82.5M in funding to launch its month-to-month fee mannequin to produce warmth pumps to owners throughout Europe. The funding will even be used to develop its product vary into photo voltaic, dynamic power tariffs and power storage, and develop manufacturing capabilities in Poland.
Lastly, Aira intends to place the funding in direction of increasing its presence in Europe and decreasing reliance on gas-based heating. They’ve launched in each Italy and Germany with plans to enter the UK market in late 2023.
Supplies & Chemical compounds
Montinutra (2018) is a producer of high-value merchandise from forest trade facet streams.
On October 26th, Montinutra secured seed funding of $2.1M to speed up worldwide enlargement, advance its design processes, and introduce new merchandise to market. Via this progress, Montinutra goals to earn €100M in income by 2035.
Montinutra will even put funding in direction of advancing the event of its industrial demo manufacturing plant, which it goals to finish by 2026.
Sources & Setting
Recyc’Elit (2019) is a developer of proprietary know-how that breaks down textile and plastic waste to get better monomers.
On October 27th, Recyc’Elit raised $3.4M to industrialize its operations and providers. This features a patented course of to recycle complicated PET waste by means of selective depolymerization to protect the integrity of the unique fibres. This course of can break down textiles of assorted colors and origins.
Transportation & Logistics
Flexcharging (2017) is a developer of an app to assist drivers and utility companions handle and perceive electrical automobile charging. Via its app, Flexcharging helps present and potential electrical automobile homeowners to achieve entry to charging networks and incentives. It incorporates grid demand metrics to handle power era and steadiness present grid networks.
Flexcharging raised $500K in debt funding on October 19th by way of a regulatory submitting.
Enabling Applied sciences
Rhizome (2023) is a developer of a SaaS platform that measures the affect of infrastructure initiatives.
Rhizome’s seed funding spherical on October 25th raised $2.5M that will probably be put in direction of constructing out its software program to make use of collected information concerning excessive climate occasions to foretell grid resiliency.
This funding coincides with the Bipartisan Infrastructure Legislation, by means of which $65B will probably be invested into strengthening and modernizing the U.S. grid.
