🇪🇺🌳 Last week in climate (#79) by ClimateU
🇪🇺🌳 Last week in climate (#79) by ClimateU
18 closed rounds, new dealflow, news, jobs, and events.
Good morning!
Today, we'll cover last week's:
💰 closed rounds (18),
🚀 new dealflow,
💼 new jobs,
📰 climate news, and
🗓 events.
As always:
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📞 Apply for a consultation here.
💚 Add any events, news, closed rounds, or upcoming rounds for next week’s newsletter.
🔗 Additional resources for you.
📩 Write us.
Quick Updates:
💼 We finally have free trials for companies hiring via ClimateU, and we’ve ditched company size-based pricing for the rest of November, so if you’re looking for mission-aligned candidates - now is the best time to post your roles!
🇦🇪 If you’re heading to COP28, please tick the box in your account so that we can add you to the database of people going (published soon).
💰 Closed Rounds
🇫🇮 Neste - €600M Post-IPO Debt
📍 Espoo, Finland
🏭 Refines waste, residues & materials into renewable fuels & feedstock.
🇫🇷 Technique Solaire - $200M PE
📍 Migné-auxances, France
⚡️ Distribution of photovoltaic energy.
Investors: Bpifrance, Crédit Agricole
🇸🇪 Northvolt - $150M Convertible Note
📍 Stockholm, Sweden
⚡️ Sustainable batteries.
Investors: Caisse de Depot et Placement du Quebec
🇫🇷 Upway - €28M Series B
📍 Paris, France
🚗 Marketplace for reconditioned e-bikes.
Investors: Exor Ventures, Korelya Capital, Sequoia Capital, Transition
🇳🇱 NAIF - $23M Venture
📍 Den Haag, Netherlands
🏭 Circular baby and skincare products.
Investors: Future Business Partnership
🇫🇷 Le Fourgon - €10M Series A
📍 Marquette Lez Lille, France
🏭 Returnable glasses & drinks delivery.
Investors: Id4 ventures, La Poste Ventures, Teampact ventures
🇫🇮 Solar Foods - €8M Series B
📍 Helsinki, Finland
🍴 Natural protein for the global food industry.
Investors: Happiness Capital, Springvest
🇪🇸 ScrapAd - €5M Seed
📍 Eibar, Spain
🏭 Marketplace for recyclable materials.
Investors: Berge y Cia, Indipartners
🇪🇪 Efenco - €4.5M Grant & Angel
📍 Tallinn, Estonia
🏗 Slashes carbon emissions in critical industrial heat applications.
Investors: European Innovation Council, Ivo Remmelg
🇫🇷 Ida - €3M Seed
📍 Paris, France
🍴 Removes food waste from distribution.
Investors: Daphni, Frst, Kima Ventures, Motier Ventures
🇫🇷 TOOPI ORGANICS - €2M Grant
📍 Loupiac-de-la-réole, France
👩🌾 Turns urine into crop biostimulants.
Investors: EIC Accelerator
🇬🇧 Mocean Energy - £2.7M Venture + Grant
📍 Edinburgh, United Kingdom
⚡️ Wave energy pioneer.
Investors: Equity Gap, Katapult Ocean, MOL PLUS, Old College Capital, Scottish Enterprise
🇮🇹 CarpeCarbon - €2M Pre-Seed
📍 Turin, Italy
💨 Direct Air Capture.
Investors: 360 Capital, CDP Venture Capital
🇩🇪 Proxima Fusion - €7.5M Pre-Seed
📍 Munich, Germany
⚡️ Fusion power plants.
Investors: Visionaries Tomorrow fund
🇬🇧 Mission Zero Technologies - Grant
📍 London, United Kingdom
💨 Low-energy direct air capture.
Investors: UK Department for Transport
🇬🇧 Carbon Capture Scotland - Venture
📍 Crocketford, United Kingdom
💨 Captures CO2 tfrom organic waste.
Investors: Iona Capital
🇩🇪 Meloon GmbH - Pre-Seed
📍 Berlin, Germany
💨 Captures carbon out of waste streams.
Investors: IBB Ventures, Tobias Wittich
🇩🇰 Frugal Technologies - Corporate Round
📍 Aalborg, Denmark
🚗 Improved propulsion efficiency via machine learning.
Investors: Emerson
🚀 New Dealflow
Currently, we have:
142 upcoming funding rounds,
614 Founders, and
5,500+ Companies on the platform.
New in last week:
🇬🇧 Pre-Seed - 2024 Q1 (💡 Climate Data)
🇺🇸 Pre-Seed - 2024 Q1 (⚡️ Energy Distribution)
💼 New Jobs
Last week, 1,504 new jobs were posted on the ClimateU job board.
🔎 Some highlights:
Cloover just raised their €7M round and is looking for:
🇩🇪 Founders Associate (Operations & Customer Success) (Berlin)
🇩🇪 Business Development Manager (Berlin)
leonardo. is looking for:
🇩🇪 Lead Software Engineer (Frankfurt)
🇩🇪 Sustainability Researcher & Data Analyst (Frankfurt)
FSC is looking for:
🇩🇪 Programme Manager Integrity Development (Bonn)
Talents: To get tailored job recommendations via email, set up your climate job focus here.
Employers: Set up your employer profile and add your roles here.
📰 Climate News
Energy
⚡️ Exxon wants to drill enough lithium out of Arkansas to power 1M EVs per year
⚡️ Octopus Energy Dives into Germany’s Offshore Wind Market with First Investment
⚡️ Toyota is turning to startup Redwood Materials for critical battery materials
Transport
🚎 Floating factories of artificial leaves could make green fuel for jets and ships
🚎 Hitachi and FirstGroup accelerate the UK’s push to electric mobility
🚎 Sustainable Fuels: ADM & Marathon open Green Bison Soy Processing
Policy & Advocacy
📢 COP28 faces a giant communication challenge
📢 US and China progress in climate talks.
Industry
🏭 Envato founders back AUS plastics reduction startup Refilled
🏭 EU agrees to ban exports of waste plastic to poor countries
Food & Agricultre
🧑🌾 Equity crowdfunding for Europe's first precise fermented plant-based butter
🧑🌾 Kernza, a climate-friendly grain, gets the attention of brewers, distillers
Climate Intelligence
💡 Space-based carbon dioxide monitoring reaches milestone
💡 Why polar bears are no longer the poster image of climate change
Nature
🌳 Silvaconsult joins forces with Tree.ly
Climate Finance
💸 NEOM launches investment arm NIF
Carbon Removal
💨 EU agrees law to hit fossil fuel imports with methane emissions limit
🗓 Upcoming Events
🇦🇪 We’ll be at COP28, and we’re putting together a public directory of the people attending. If you’re going, please head here and check the box for COP28.
👋 Many of you have reached out asking for recommendations for Slush side events - maybe take a moment to post in our Slack community so that you can meet other climate enthusiasts while you’re there.
🇫🇷 Climate Techies Paris with Plug and Play
🇨🇭 Climate Techies Zurich Drinks
That’s it for this week!
Big hug from Barcelona and happy Tuesday,
Can’t get enough of these climate news? Then you can follow along on LinkedIn and Twitter.
📩 Feel free to send feedback, ideas, companies, funding rounds, or other inquiries to: team@climateu.earth