Funding

Reclinker Raises £10m to Scale Low-Carbon Cement From Demolition Waste

Reclinker has raised £10m to make low-carbon cement in Cardiff by recycling old cement paste in steel furnaces, a process it says halves emissions.

AMP Secures $70m Project Financing for AI Waste Sorting in Virginia

AMP has closed $70m of project debt led by Galvanize to expand AI waste sorting and biochar production in Portsmouth, Virginia, under a 20-year SPSA deal.

Reverion Raises €154.2m to Scale Up Solid Oxide Fuel Cell Power Plants

German start-up Reverion has raised €154.2m to build a megafactory for solid oxide fuel cell power plants that run on biogas, gas or hydrogen.

Cool Effect Catalyst Award Backs Direct Air Capture and Refrigerant Destruction

The Cool Effect Catalyst Award has picked Octavia Carbon for direct air capture in Kenya and Tradewater for refrigerant destruction in India.

Mojave Raises $19m to Scale Liquid Desiccant Cooling for Commercial Buildings

Fairtree Elevant Ventures led a $19m Series B for Mojave, whose liquid desiccant systems control humidity and temperature separately in commercial buildings.

Rune Raises $40m to Put Modular Data Centres on Solar Farms

Spark Capital led a $40m Series A for Rune, which builds modular data centres that plug into solar farms behind the inverter and skip grid connection queues.

CIOC Energy Secures €3m for Solar and Battery Optimisation

Belgian start-up CIOC Energy has raised €3m from CleverNett to grow its battery optimisation platform and trade directly in four European power markets.

Edonia Raises €15m to Industrialise Microalgae Protein

French start-up Edonia has raised €15m to build a plant for its spirulina-based microalgae protein, backed by around €30m in pre-orders.

Cotierra Raises $3m to Scale Decentralised Biochar Across Tropical Farming

Zurich-based Cotierra has raised $3m, co-led by Paulig's PINC and Carbon Removal Partners, to scale decentralised biochar on tropical farms.

Great British Energy Opens £30m Fund for Community Energy Projects

Great British Energy has opened £30m for community energy projects, the first part of up to £1bn meant to back more than 1,000 local clean power schemes.

Metris Raises $5m to Build a Single Data Layer for Energy Assets

Metris Energy has raised a $5m seed round to unify energy asset data for power producers, and will expand from solar into wind and CHP across Europe.

US Energy Department Awards $99m to 21 Geothermal Projects

The US Department of Energy has picked 21 geothermal projects for over $99m, funding five enhanced geothermal field tests and 16 exploration wells.

Amber Electric Raises €49m to Take Home Battery Automation to Europe

Amber Electric has raised a €49m Series E led by Morgan Stanley's 1GT to take its home battery automation platform from Australia into European markets.

Mazama Energy Raises $135m to Drill Deeper Into Super-Hot-Rock Geothermal

Mazama Energy has raised $135m to develop super-hot-rock geothermal wells in Oregon, with ConocoPhillips and Shell Ventures joining the Series B round.

Fluxnium Raises $7m Seed to Pull Uranium From Seawater

Fluxnium has raised a $7m seed round to extract uranium from seawater using polymer fibres, targeting the supply squeeze facing the nuclear build-out.