Epoch Raises $4.25m Seed to Help Small Importers Meet EU Deforestation Rules
London start-up Epoch has raised a $4.25m seed round for an AI tool that helps smaller importers comply with EU deforestation rules.
Funding
Volare Raises €7.1m for a Second Insect Protein Plant in Europe
Finnish start-up Volare has raised €7.1m to prepare a second insect protein plant with around five times the capacity of its Pori factory.
Emvolon Raises $22m for Modular Plants That Turn Waste Methane Into Biomethanol
MIT spinout Emvolon has raised $22m to build its first commercial modular system that turns waste methane from landfills and farms into biomethanol.
Optivolt Raises $32m to Scale Smart Solar Panels
Optivolt has raised a $32m Series A led by VXI Capital to expand manufacturing of smart solar panels with power electronics built into each module.
Peak Energy Raises $108m to Take Sodium-Ion Storage Into Data Centres
Peak Energy has raised $108m in a Series B led by GM Ventures to expand US manufacturing of its sodium-ion storage and enter the data centre market.
IMIO Raises $12m for Microbes That Release Crop Residue Nutrients
IMIO has raised a $12m seed round led by Sofinnova Partners to scale freeze-dried microbes that release crop residue nutrients for the next crop.
Linkener Raises €7.5m From Alantra’s Klima to Grow Its Energy Management Platform
Spanish start-up Linkener has raised €7.5m in a round led by Alantra's Klima to add AI to its energy management platform and buy smaller rivals.
EU Innovation Fund Backs 77 Net-Zero Projects With €3.4bn, Including Its First SMR
The EU Innovation Fund has picked 77 net-zero projects in 23 countries for €3.4bn of grants, including its first small modular reactor and DACCS projects.
1KOMMA5° Raises €70m at Unicorn Valuation to Grow Its Virtual Power Plant
1KOMMA5° has raised about €70m in a round led by b2venture at a $1.35bn pre-money valuation to expand Heartbeat AI, its household virtual power plant.
Ambio Raises €5.1m Seed to Fix Recycled Plastics Procurement
Helsinki start-up Ambio has raised a €5.1m seed round led by b2venture to expand its AI-based recycled plastics procurement service across Europe.
NEU Battery Materials Raises $7.6m to Scale LFP Battery Recycling
Singapore's NEU Battery Materials has raised $7.6m, co-led by Shift4Good and SGInnovate, to scale LFP battery recycling and recover battery-grade lithium.
Cambridge Heavy Industries Raises $6.2m Seed for a Desktop Fusion Device
Cambridge Heavy Industries has raised a $6.2m seed round led by Azolla Ventures for a desktop fusion device that can run 50 to 80 laser experiments a day.
OlsAro Raises €5m Seed for AI-Designed Climate-Resilient Crops
Swedish agtech OlsAro has raised a €5m seed round led by Industrifonden to bring climate-resilient crops to market, starting with a salt-tolerant wheat.
Giraffe Bio Raises $6.4m Seed to Lift Copper Recovery With Biomolecules
Giraffe Bio has raised a $6.4m seed round led by Orion Industrial Ventures for engineered biomolecules that it says lift copper recovery by up to 5 per cent.
Epyr Raises €15m to Scale Industrial Heat Storage in France
Epyr has raised a €15m Series A led by SlateVC to build industrial heat storage that turns cheap off-peak power into steam for French factories.
Neela Biotech Raises £2.1m to Make Jet Fuel From Waste
Cambridge start-up Neela Biotech has raised £2.1m, led by Elbow Beach, to make jet fuel from waste using AI-guided microbes in existing biogas plants.
Parallel Systems Raises $100m to Scale Autonomous Freight Rail
Parallel Systems has raised a $100m Series C led by AVP to build battery-electric autonomous freight rail vehicles that compete with trucks on short routes.
UniSieve Raises $9m to Scale Membranes for Industrial Gas Separation
Zurich start-up UniSieve has raised a $9m Series A led by the Orano Venture Fund to scale its membranes for industrial gas separation and carbon capture.
Blaze Energy Raises $6.5m to Run Existing Ships on Ammonia Fuel
Blaze Energy has raised a $6.5m seed round for a compact reformer that lets existing ship engines run on ammonia fuel, with a Lomar pilot at sea next year.
VoltR Raises €22m to Scale Lithium Battery Remanufacturing in France
French start-up VoltR has secured €22m from Bpifrance, Decathlon PULSE and state grants to double its plant and scale battery remanufacturing across Europe.