Recycling advanced plastics; an app that manages EV charging; decarbonizing rice farming by way of satellite tv for pc information– Current offers price :
Agriculture & Meals
CarbonFarm (2021) is a supplier of a satellite-based platform permitting rice farmers to quantify and cut back greenhouse fuel emissions and promote carbon credit.
CarbonFarm’s Sequence A funding spherical raised $2.7M on October 25th. This funding will support enlargement throughout main international rice cultivating areas in Asia, Africa, and South America, furthering CarbonFarm’s purpose to decarbonize rice farming by way 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 can even be used to increase 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 the direction of increasing its presence in Europe and lowering 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. By this development, Montinutra goals to earn €100M in income by 2035.
Montinutra can even put funding in the direction of advancing the event of its industrial demo manufacturing plant, which it goals to finish by 2026.
Assets & Setting
Recyc’Elit (2019) is a developer of proprietary expertise that breaks down textile and plastic waste to get better monomers.
On October 27th, Recyc’Elit raised $3.4M to industrialize its operations and companies. This features a patented course of to recycle advanced PET waste by way of selective depolymerization to protect the integrity of the unique fibres. This course of can break down textiles of varied colors and origins.
Transportation & Logistics
Flexcharging (2017) is a developer of an app to assist drivers and utility companions handle and perceive electrical car charging. By its app, Flexcharging helps current and potential electrical car homeowners to achieve entry to charging networks and incentives. It incorporates grid demand metrics to handle power technology and stability current grid networks.
Flexcharging raised $500K in debt funding on October 19th through a regulatory submitting.
Enabling Applied sciences
Rhizome (2023) is a developer of a SaaS platform that measures the impression of infrastructure tasks.
Rhizome’s seed funding spherical on October 25th raised $2.5M that shall be put in the 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 way of which $65B shall be invested into strengthening and modernizing the U.S. grid.