Vectors Capital

What's happening this week in #climatetech? Check out the updates below 👇 and let us know what else is going on in the comments! 🔌 Eneida G. (Coimbra, Portugal): Raised $11M in Series B funding from Junction Growth Investors, HCapital Partners, Korys, and Santander Alternative Investments. Eneida specializes in low-voltage network analytics, providing advanced operational analytics for fault detection, energy loss management, and integration of distributed energy resources (solar, EVs, etc.) using proprietary smart sensors. They primarily target distribution system operators, focusing on Europe, Australia, and New Zealand. 🔋 epilot GmbH (Köln, Germany): Raised $11M in Growth funding from Expedition Growth Capital. Epilot offers a cloud-based software platform for utility and grid operators to streamline sales and workflow processes. Key features include epilot energy and epilot grid, which empower utilities and grid operators to streamline operations and integrate renewable energy solutions. 🏢 Scaler (New York City, NY): Raised $10M in Series A funding to enhance their platform for decarbonizing real estate. Scaler analyzes ESG data from various sources, assists with ESG reporting and compliance, and provides actionable roadmaps to achieve net-zero goals. 🚗 Zeti (London, England): Raised $6M in Series A funding from HYCAP Group. Zeti offers a Pay-Per-Mile (PAYD) model, allowing fleet operators and individual drivers to pay based on usage, reducing upfront costs for EV adoption. Zeti also provides real-time data and analytics to optimize operations. Let's celebrate these achievements and continue pushing the boundaries of innovation and sustainability! Special thanks to Sightline Climate (CTVC) for providing the deal info. Share your thoughts and let us know what other exciting developments are happening in the world of climate tech. Together, we can drive the change towards a cleaner, more sustainable future. #CommunityEngagement #CleanTech #Sustainability #Innovation #Fundraising

What's happening this week in #climatetech? Check out the updates below 👇 and let us know what else is going on in the comments! #Fundraising ♻️ Sortera Technologies, Inc. a Fort Wayne, IN-based metal recycler, raised $44m in Series C funding from Breakthrough Energy Ventures, Macquarie Group, Misubishi Mineral Resources Group, and RA Capital Management.   ⚡ M2X Energy Inc. a Rockledge, FL-based modular gas-to-methanol developer, raised $40m in Series B funding from Conifer Infrastructure Partners, AddVentures by SCG, Autodesk Foundation, Breakthrough Energy Ventures, and Eni Next. 🔋 Princeton NuEnergy, a Bordentown, NJ-based lithium-ion battery recycler, raised $30m in Series A funding from Helium-3 Ventures, Samsung Ventures, Honda Motor Company, LKQ Corporation, SCG, Traxys North America, and Wistron Corporation. ⚡ Molten Industries, a San Francisco, CA-based methane pyrolysis developer, raised $25m in Series A funding from Breakthrough Energy Ventures, Fifty Years, J4.Ventures, Jane Woodward, Mark Heising, Moai Capital, Peter Attia, Sozo Ventures, Steelhead Capital Management, UVC Partners, and Union Labs Ventures.   🥩 Tender Food a Boston, MA-based alternative meat maker, raised $11m in Series A funding from Rhapsody Venture Partners, Claridge Partners, Lowercarbon Capital, Nor'easter Ventures, and Safar Partners. 📉 In other #industry news: 🚗🔋 Updates in the #EV industry: Fisker EV has unfortunately declared bankruptcy, facing challenges in mass production and sales due to quality issues. In related news, BMW has withdrawn from a $2.2 billion contract with Northvolt for EV battery cells, following reports of production delays by the battery startup, which has also halted plans for a new cathode facility. 🌍 On a brighter note in the #carbon markets , Salesforce is making significant strides in environmental impact by joining Frontier's initiative, committing $25 million towards a collective goal of purchasing over $1 billion in permanent carbon removal by 2030. Furthermore, Frontier has secured $48.6 million in agreements with Stockholm Exergi for a carbon removal retrofit at their biomass-fueled heating facility, marking a substantial move towards cleaner energy solutions. 🌱 In the U.S., CarbonCapture Inc. is setting up the nation's first modular direct air capture system aimed at mass production. Meanwhile, Indigo Ag is delivering a record 40,000 metric tons of soil-based carbon credits to Microsoft, setting a new benchmark in the industry. #CommunityEngagement Let's celebrate these achievements and continue pushing the boundaries of innovation and sustainability! Special thanks to Sightline Climate (CTVC) for providing the deal info. Share your thoughts and let us know what other exciting developments are happening in the world of climate tech. Together, we can drive the change towards a cleaner, more sustainable future. #CleanTech #Sustainability #Innovation #Fundraising

What's happening this week in #climatetech? Check out the updates below 👇 and let us know what else is going on in the comments! #Fundraising ⚡ Battery Smart, a New Delhi, India-based battery swapping network platform, raised $65m in Series B funding from LeapFrog Investments, Blume Ventures, British International Investment, Ecosystem Integrity Fund, MUFG Bank, and Panasonic. ☀️ Swift Solar, a San Carlos, CA-based solar perovskite cell maker, raised $27m in Series A funding from Eni Next, Fontinalis Partners, BlueScopeX, Climate Capital, Good Growth Capital, HL Ventures, Stanford University, and Toba Capital. ⚡ ElectronX, a Chicago, IL-based electricity market exchange, raised $15m in Seed funding from Amplo, BoxGroup, DCVC, Innovation Endeavors, and Lightning Capital. 🔋 UNIGRID Battery, a San Diego, CA-based sodium-ion battery maker, raised $12m in Series A funding from Foothill Ventures, Ritz Venture Capital, Transition Venture Capital, and Union Square Ventures. ⚒️ Aepnus Technology, an Oakland, CA-based electrified chemicals manufacturer, raised $8m in Seed funding from Clean Energy Ventures, Impact Science Ventures, Lowercarbon Capital, MUUS Climate Partners, NextFab Ventures, and Voyager Ventures. 🏠 Rendesco, a Royal Leamington Spa, England-based ground-source heat pumps maker, raised $7.7m in Seed funding from Aviva Ventures, Clean Growth Fund, Copley Point Capital, and Eurazeo. ⚡ Mirico, a Didcot, England-based maker of laser-based methane gas sensing tools, raised $2m in Seed funding from New Climate Ventures and Shell Ventures. 🚗 Torev Motors, a Washington D.C.-based axial flux electric motors maker, raised Pre-Seed funding from BetterWay, Climate Avengers, EcoSphere Ventures, and Intbox Ventures. 🚨 #PolicyUpdates 🚨 🇪🇺 The European Union has implemented additional tariffs of up to 38% on Chinese electric vehicles (EVs), following closely behind the US where President Biden announced tariffs of 100%. 📉 In other #industry news: 🍔 SCiFi Foods, once celebrated in the cultivated meat industry, has halted operations. Despite securing $40m from previous investors, the company faced significant hurdles in its latest fundraising efforts. 🌊 Running Tide, a pioneer in carbon removal technology, also ceased operations amid a contracting voluntary carbon market, despite having raised $50m. #CommunityEngagement Let's celebrate these achievements and continue pushing the boundaries of innovation and sustainability! Special thanks to Sightline Climate (CTVC) for providing the deal info. Share your thoughts and let us know what other exciting developments are happening in the world of climate tech. Together, we can drive the change towards a cleaner, more sustainable future. #CleanTech #Sustainability #Innovation #Fundraising

What's happening this week in hashtag #climatetech ? Check out the updates below 👇 and let us know what else is going on in the comments! #Fundraising 🥩 Prolific Machines, Inc. (San Francisco, CA) - Raised $55M in Series B funding for its cultured meat technology, with investments from Breakthrough Energy Ventures, Darco Capital, Fonterra The Ki Tua Fund, In-Q-Tel (IQT), and others. ⚡ Qargo TMS (London, England) - Raised $13M in Series A funding from Balderton Capital to develop its fleet management software platform. 🔋 SiTration, Inc. (Cambridge, MA) - Secured $12M in Seed funding for its next-gen materials extraction technology. Investors include 2150, Azolla Ventures, BHP Ventures, Extantia Capital, Orion Industrial Ventures, and The E14 Fund. ☔Mitiga Solutions (Barcelona, Spain) - Raised $8.7M in Series A funding for its climate risk and resilience platform from Creas Impacto, Elaia, and Kibo Ventures. 📦 Dealt (Paris, France) - Secured $6.5M in Series A funding for its circular economy SaaS platform, backed by GO CAPITAL, Holnest, La Poste Ventures, and One Green. 🌾 IntelliCulture (Kitchener, Canada) - Secured $3.5M in Seed funding for its farm management software platform from Emmertech, Serra Ventures, LLC, and Tall Grass Ventures. ⚡ Aymium (Gwinn, MI) - Secured $210M in Project Finance funding for its biocarbon and biohydrogen production from Copenhagen Infrastructure Partners, ECP (Energy Capital Partners) ForeStar, Hokuriku Electric Power Company, Japan Green Investment Corporation for Carbon Neutrality, and Nippon Steel Trading. 🛵 Gogoro (Taoyuan, Taiwan) - Secured $50M in Post-IPO equity funding for its electric scooters and battery swapping platform from Sino Gold Assets Limited. #PolicyUpdates 🌍 Europe's Power Markets - Experiencing frequent negative electricity prices due to an oversupply from productive solar and wind sources. This trend of power price cannibalization raises concerns among investors about the sustainability of renewable power development in the $800bn market. 🇬🇧 UK Carbon Credits - Traders placed heavy bets on a rise in UK carbon credit prices, anticipating stricter climate policies from a potential incoming Labour government. The benchmark price for UK carbon allowances has increased by 9% since the election was called. 🇺🇸 US DOE Fusion Research - The Office of Fusion Energy Sciences at the US DOE intensified its support for fusion research with an additional $180M in funding, aiming to accelerate advancements in fusion energy technologies. Let's celebrate these achievements and continue pushing the boundaries of innovation and sustainability! Special thanks to Sightline Climate (CTVC) for providing the deal info! #CleanTech #Sustainability #Innovation #Fundraising

Join our Partner in Asia Wanwipa Siriwatwechakul for this great workshop on climate investment at Sasin School of Management and Chulalongkorn University!

✨ Join Us on June 13th at 5-8p.m. PST! 🌍 📢 We are thrilled to invite you to "Climate Angel Meets Startups", a key event focused on driving positive change through ClimateTech innovation. Located in the vibrant region of San Jose/Palo Alto, California, this event promises engaging conversations, innovative pitches, and valuable networking opportunities. 🔍 What to Expect: Engaging Conversations: Connect with like-minded change-makers who are passionate about driving positive change. Innovative Pitches: Hear from visionary founders presenting their latest ClimateTech solutions. Networking Opportunities: Discover potential partners and collaborators to further your investment goals. 🔍 Event Details: 🗓️ Date: June 13, 2024 🕒 Time: 5:00 PM - 8:00 PM 📍 Location: San Jose/Palo Alto [TBD], California Register now: https://lnkd.in/exV_Svxi 🚀 Calling All Startup Founders! If you know of any startup founders with innovative ideas, we encourage you to invite them to this event. Founders who wish to pitch their projects to our esteemed investors can register and submit their decks for review. We also encourage accelerators like Activate (Jill, Caroline, Katie) Berkeley SkyDeck (Ekin), Nucleate (Gary,Alina, Sasha) Third Derivative (Phoebe,Dylan,Ryan), Cyclotron Road (Melanie,Todd),and Elemental Excelerator (Sadie,Avra,Justin )to share this opportunity with their cohorts. 🌱 How to Participate: Founders: Register as a founder and submit your deck for a chance to pitch. Investors: Simply RSVP to join us and explore the latest in ClimateTech innovation. We welcome participation from notable climate tech funds like SOSV, Powerhouse (Marie Thompson,Emily Kirsch), Third Sphere (Shilpi Kumar, Stonly Blue) Prelude Ventures (Carly) Congruent Ventures (Eliza,Joshua,Marianne), Impact Science Ventures (Alita,Robert) and others to join us and discover groundbreaking opportunities. ❗️Special thanks to our sponsor HireIO, Inc. and our organizer Felicity Yang. 🔗 Be a part of this transformative event. Register now: https://lnkd.in/exV_Svxi #ClimateAngelMeetup #ClimateAction #ClimateTech #StartupEvent

🌟 Join Us for the Market Research Presentation by Our 2024 Summer Venture Fellows! We are thrilled to invite you to an exclusive event where our Fellows will showcase their latest market research findings in ClimateTech innovation. 📅 Date: June 11, 2024 🕕 Time: 6:00 PM PT 📍 Location: https://lnkd.in/e4XAE7SD Each presentation is meticulously tailored to the Fellows' unique backgrounds and specialties, promising a series of engaging and informative sessions. Meet our Fellows and their presentation topics: 🌱 Naman Lahoti: India’s Carbon Neutrality Goal 🌲Meghan O.: Carbon Market ✈️ Kreshna Y.: Sustainable Aviation Fuel 🌿 Sasilada Sirirungruang: Biofuel 📈 Iryna Krutenko: Engaging Accredited Investors for Climate Investment 💼 Pavina Adunratanasee: Pension Funding for Climate Technologies 💧 Keyi (Nancy) Kang: Green Hydrogen 📜 Daniel Paley: Inflation Reduction Act We encourage climate tech accelerators Activate, Berkeley SkyDeck , Nucleate, Third Derivative, Cyclotron Road, Elemental Excelerator and climate tech investors SOSV, Powerhouse, Third Sphere, Prelude Ventures , Congruent Ventures, Impact Science Ventures to attend. Wanwipa Siriwatwechakul, Johnny (Zhengyu) Huang, Pin Pin Tea-makorn , Jeff, Patrick Pan, Grace W., Anshuman Sharma, Chuck Eesley, Jason Jay Don't miss out on this opportunity to gain insights from these brilliant minds and their groundbreaking research! #ClimateTech #MarketResearch #Sustainability #Innovation #VentureFellows #GreenEnergy #FutureLeaders #NetworkingOpportunity #Hydrogen #CarbonMarket #Carbon #IRA

✨ Join Us on June 13th at 5-8p.m. PST! 🌍 📢 We are thrilled to invite you to "Climate Angel Meets Startups", a key event focused on driving positive change through ClimateTech innovation. Located in the vibrant region of San Jose/Palo Alto, California, this event promises engaging conversations, innovative pitches, and valuable networking opportunities. 🔍 What to Expect: Engaging Conversations: Connect with like-minded change-makers who are passionate about driving positive change. Innovative Pitches: Hear from visionary founders presenting their latest ClimateTech solutions. Networking Opportunities: Discover potential partners and collaborators to further your investment goals. 🔍 Event Details: 🗓️ Date: June 13, 2024 🕒 Time: 5:00 PM - 8:00 PM 📍 Location: San Jose/Palo Alto [TBD], California Register now: https://lnkd.in/exV_Svxi 🚀 Calling All Startup Founders! If you know of any startup founders with innovative ideas, we encourage you to invite them to this event. Founders who wish to pitch their projects to our esteemed investors can register and submit their decks for review. We also encourage accelerators like Activate (Jill, Caroline, Katie) Berkeley SkyDeck (Ekin), Nucleate (Gary,Alina, Sasha) Third Derivative (Phoebe,Dylan,Ryan), Cyclotron Road (Melanie,Todd),and Elemental Excelerator (Sadie,Avra,Justin )to share this opportunity with their cohorts. 🌱 How to Participate: Founders: Register as a founder and submit your deck for a chance to pitch. Investors: Simply RSVP to join us and explore the latest in ClimateTech innovation. We welcome participation from notable climate tech funds like SOSV, Powerhouse (Marie Thompson,Emily Kirsch), Third Sphere (Shilpi Kumar, Stonly Blue) Prelude Ventures (Carly) Congruent Ventures (Eliza,Joshua,Marianne), Impact Science Ventures (Alita,Robert) and others to join us and discover groundbreaking opportunities. ❗️Special thanks to our sponsor HireIO, Inc. and our organizer Felicity Yang. 🔗 Be a part of this transformative event. Register now: https://lnkd.in/exV_Svxi #ClimateAngelMeetup #ClimateAction #ClimateTech #StartupEvent

What's happening this week in #climatetech ? Check out the updates below 👇 and let us know what else is going on in the comments! #Fundraising 🔆Ivy Energy (San Diego, CA) - Raised $18M in Series A funding for its Virtual Grid Cloud software. This cutting-edge tool assists communities in adopting solar energy, making sustainable power more accessible. Funded by SolarEdge Technologies, Greensoil PropTech Ventures, AmFam Institute, Legacy Capital Ventures, Enki Solar Investments, and Unit Leader, LLC. 🔋Curio (Washington, D.C.) - Secured $14M in Seed funding to advance its closed fuel cycle technology, which recycles nuclear waste for fusion applications. This round was notably supported by Synergos Holdings and includes four pivotal grants from the U.S. Department of Energy (DOE). 🌍Breaking (Boston, MA) - Raised $10.5M in Seed funding to develop microorganisms that degrade plastic waste, addressing one of the most pressing environmental issues. Backers were not disclosed. The company intends to use the funds to expand operations and its R&D sector. 🛠️Condoit (Birmingham, AL) - Acquired $4.25M in Seed funding for its innovative software that revolutionizes data management for electricians, led by The Westly Group (Tesla, Procore) with participation from Fontinalis Partners (Lyft, Postmates), Navitas Capital (PlanGrid, Matterport), C2 Ventures, Studio Management, and Overline with a strategic investment by leading global wire and cable manufacturer, Southwire Company. 🌱Metalplant (California) - Raised $3.7M in equity funding for its carbon removal startup using enhanced rock weathering, backed by leaders in the climate action sector.  Carbon Removal Partners, Carbon Drawdown Initiative, Climate Capital and others invested. ⚡Swtch Energy (Toronto, Canada) - Raised a substantial $27.2M in Series B funding to expand their EV charging solutions to more residential buildings. Blue Earth Capital AG led. 🌀Eocycle Technologies (Montreal, Canada) - Secured $25M to start producing small wind turbines in the U.S. and Europe, contributing to the diversification of renewable energy sources. 🍽️ AIPERIA (Würzburg, Germany) - Raised $8M in Series A funding for its innovative inventory-management platform aimed at reducing food waste in the food service industry. 🥦Saveggy (Lund, Sweden) - Raised $1.9M in equity funding for its eco-friendly plant-based vegetable packaging. 🌍 Policy Updates: European Council has adopted the revised Energy Performance of Buildings Directive aiming for zero emissions in new buildings by 2030. UK Government confirms a target for 10% sustainable aviation fuel by 2030. EU initiates action against airlines for greenwashing claims related to emissions offsetting. Let's celebrate these achievements and continue pushing the boundaries of innovation and sustainability! #CleanTech #Sustainability #Innovation #Fundraising

🌿 Catalyze Climate [LP/GP Match]: A Milestone Event! I'm thrilled to announce the success of our first Catalyze Climate [LP/GP Match] event, bringing together Limited Partners (LPs) and General Partners (GPs) to engage in meaningful conversations. We extend our heartfelt thanks to K&L Gates for their invaluable partnership in co-hosting this event! We had insightful discussions. Our LP panelists Bruce Hao, John Scanio, and Peng-xin Dong provided deep insights into current investment challenges, strategies for navigating complexities, models and strategies to bridge finance gaps, and advice for general partners. We also explored key topics with emerging fund managers, fostering discussions on how to thrive in a dynamic investment landscape. Thank you for Rafiq Ahmed, Brock Mansfield, Subodh Gupta, and Tom Boussie introducing their fund strategies, structures, themes, risk and return profiles, and motivations, sparking great questions and engaged participation. A big thank you to all who attended and contributed to making this event both impactful and memorable. Let's continue to drive progress in climate investment and build stronger connections between LPs and GPs for a sustainable future! #CatalyzeClimate #ClimateInvestment #Sustainability #LPsAndGPs #CleanTech Karen Sheffield, MBA, Keyona Meeks, Subodh Gupta, Rafiq Ahmed, Tom Boussie, Akemi Koda, Andrea, Daniel Zubarev, Felicity Yang, Meliana R Setiawan, Min Park, Timo Kilp, Jason Putnam Gordon, Argyle B. Roble