🌳 Last Week in Climate #121
Your weekly climate digest.
Hey there, happy Tuesday Wednesday!
📩 Here is your weekly digest of everything that happened in European climate(-tech) last week.
We cover last week’s:
🔎 The Drop Participants
💚 Community updates,
🇪🇺 28 closed rounds,
🚀 Deal of the week,
🗓 Events & Meetups,
📰 News, and
💼 1,696 jobs by 532 employers.
👋 Important: If you read this on Gmail, you might not see the full email. I’d recommend reading it online instead.
🔎 The Drop Participants
Last week, I met so many great founders, investors, and climate professionals at The Drop in Sweden. I thought it would be great to share a list of participants with the wider community, and we got 500 attendees to join the list of participants.
We linked all their company and investor profiles, and you can filter for founders, investors, countries, and more. 👇️
💚 Community Updates
🇪🇸 We hosted our second Climate Drinks event at Norrsken House with 130 climate professionals - we’re now already planning the next event on October 23rd. You can apply to join here.
☕️ As always, we’re hosting our next Climate Coffee Break on Tuesday afternoon. Feel free to join if you want to connect with other people in climate.
New Members
We can’t link all new members and companies this week because so many people from conferences joined, but you can see all new members on the directory 👇️
🇪🇺 Closed Rounds
🇩🇪 Formo - $61M Series B
📍 Berlin, Germany
🍴 Alternative cheese.
Investors: Elevat3 Capital, EQT Ventures, FoodLabs, Grazia Equity, Happiness Capital, Indiposa Investments, Lowercarbon Capital, M Ventures, Rewe Group, Sazaby League, SevenVentures, The Nature Conservancy, Woodline Partners
🇩🇪 Reverion - €56M Series A
📍 Munich, Germany
⚡️ Carbon-negative power plants.
Investors: Doral Energy-Tech Ventures, Energy Impact Partners, European Innovation Council, Extantia Capital, Green Generation Fund, Honda, Possible Ventures, UVC Partners
🇬🇧 Datamaran - $33M Series C
📍 London, United Kingdom
💡 Platform to identify and monitor material ESG risks.
Investors: Morgan Stanley Expansion Capital
🇳🇱 Battolyser Systems - €30M Series A
📍 Schiedam, Netherlands
⚡️ Electrolyser with battery functionality.
Investors: Global Cleantech Capital, Innovation Industries, Invest-NL
🇸🇪 Katam Technologies - SEK 23M Venture
📍 Malmö, Sweden
🌳 Precision forestry.
Investors: Almi Invest GreenTech, Giscom, I Love Lund, SLU Holding
🇩🇰 MATR Foods - €20M Debt Financing
📍 Copenhagen, Denmark
🍴 Fungi-based food ingredients.
Investors: European Investment Bank
🇪🇸 NOVAMEAT - €17.4M Series A
📍 Barcelona, Spain
🍴 Plant-based foods.
Investors: Forbion Capital Partners, Praesidium, Rubio Impact Ventures, Sofinnova Partners, Unovis Asset Management
🇩🇪 retraced - €15M Series A
📍 Düsseldorf, Germany
🏭 More transparent & sustainable fashion supply chains.
Investors: Alante Capital, ALSTIN Capital, F-LOG Ventures, Partech, Samaipata
🇩🇪 Phlair - €14.5M Seed
📍 Munich, Germany
🏭 Hydrolyzer-based Direct Air Capture.
Investors: Albert Wenger, Atlantic Labs, Birgit Heraeus, Counteract, Extantia Capital, Jan Rinnert, Planet A Ventures, Sebastian Herler, UnternehmerTUM Funding for Innovators, Verve Ventures
🇬🇧 MiAlgae - £14M Series A
📍 Edinburgh, United Kingdom
🍴 Recycles co-products to grow omega-3-rich microalgae.
Investors: Ananke Ventures, Ascension, Blue Oceans Partners, Clay Capital, Equity Gap, Old College Capital, Rabobank Food & Agri Innovation Fund, Scottish Enterprise, SIS Ventures
🇫🇷 Pony - €13M Series B
📍 Angers, France
🚗 Shared micro-mobility scheme with decentralised ownership.
Investors: ADEME Investissement, Blast.club, Colam Impact, Demeter, Epopée Gestion, La Poste Ventures, NACO, Smart Lenders Asset Management SA
🇬🇧 Fuse Energy - $12M Venture
📍 London, United Kingdom
⚡️ Decentralized renewable energy network.
Investors: Anatoly Yakovenko, Multicoin Capital
🇬🇧 Solasta Bio - £10.7M Series A
📍 Glasgow, United Kingdom
🧑🌾 Products for effective crop protection.
Investors: Cavallo Ventures, Corteva Agriscience, FMC Ventures, Forbion Capital Partners, Rubio Impact Ventures, Scottish Enterprise, SIS Ventures, UK Innovation & Science Seed Fund, University of Glasgow
🇬🇧 Tem. - £10.5M Series A
📍 London, United Kingdom
⚡️ AI-based energy transactions for businesses.
Investors: AlbionVC, Atomico, Harsh Sinha, Holly Branson, Nilan Peiris, Revent, Sam Branson
🇳🇱 Lightyear - €10M Venture
📍 Helmond, Netherlands
🚗 Solar electric car company.
Investors: Zero Point Holding
🇩🇪 Smalt - €8M Seed
📍 Berlin, Germany
💡 Labour supply & productivity in the climate trades.
Investors: General Catalyst, HEARTFELT, noa, Owl Ventures
🇬🇧 Zevero - $7M Seed
📍 London, United Kingdom
💡 A platform for decarbonising supply chain emissions.
Investors: East Ventures, Spiral Capital
🇪🇪 ÄIO - €6.1M Series A
📍 Tallinn, Estonia
🍴 Alternatives to animal fats, palm and coconut oil.
Investors: 2C Ventures, Nordic FoodTech VC, SmartCap, Voima Ventures
🇪🇪 Fairown - €5.7M Seed
📍 Tallinn, Estonia
🏭 Helping brands, retailers, and banks become sustainable.
Investors: BonVenture, Gateway Ventures, Neosfer, STIHL Ventures
🇫🇷 Standing Ovation - €3.8M Series A
📍 Paris, France
🍴 Animal-free dairy cheese.
🇬🇧 Ogre AI - €3M Venture
📍 Bucharest, Romania & London, UK
⚡️ Energy management platform.
Investors: Early Game Ventures, Sofia Angels Ventures, Soulmates Ventures, VERBUND AG
🇬🇧 Apolitical - £1.5M Grant
📍 London, United Kingdom
📢 Learning platform for government.
Investors: Bezos Earth Fund
🇪🇸 DANNA - €800k Venture
📍 Barcelona, Spain
🏭 Biomaterials and bioplastics.
Investors: BeAble Capital
🇩🇪 Blok-Z - $500k Seed
📍 Berlin, Germany 🇩🇪, Turkey
⚡️ SaaS for carbon-free energy.
Investors: Simya VC
🇬🇧 UNDO - Debt Financing
📍 Darlington, United Kingdom
💨 Carbon removal company specialising in enhanced rock weathering.
Investors: Standard Chartered Bank
🇩🇪 carbonfuture - Series A
📍 Freiburg, Germany
💸 Marketplace for carbon removal credits
Investors: SIX
🇬🇧 Raylo - Debt Financing
📍 London, United Kingdom
🏭 Circular device subscription platform.
Investors: NatWest Bank, Quilam Capital
🇨🇭 Open Forest Protocol - Seed
📍 Zug, Switzerland
💸 Digital verification and issuance of carbon credits.
Investors: BackBone Ventures, Bloom Foundation, Foundation Valery, GS Futures, NEAR Foundation, Übermorgen Ventures
🚀 Deal of the Week
🇬🇧 Iris from Orb is raising a pre-seed round.
“Orb is launching a top-tier mobile application for on-site forest assessment, simplifying a traditionally labor-intensive process. In partnership with the University of Iceland and the Jülich Supercomputing Center, Orb will deliver cutting-edge forest assessments, offering biodiversity indicators, high-precision forecasting, and comprehensive risk analysis.”
Any recommendations who Iris should talk to?
🗓 Upcoming Events
⭐️ = favorites
🆕 = added last week
🎟️ = community discount
🇬🇧 How the Circular Economy can Revolutionise your Business (Oct 2)
🇵🇹 Climate Innovation and Social Justice Summit (Oct 2)
🇪🇪 impact day (Oct 10)
💡 SOSV Climate Tech Summit (Oct 14)
🇧🇷 Brazilian Climate and Carbon Conference (Oct 15)
🇵🇹 Planetiers 2024 (Oct 20)
🇳🇱 Climate Tech Summit Benelux (Oct 22)
🇪🇸 Climate Drinks Barcelona #3 (Oct 23)
🇩🇪 Impact Festival (Oct 30) ⭐️
🇪🇸 Impact Week (Nov 6) ⭐️
🇦🇿 COP29 Azerbaijan (Nov 11)
🇨🇭 Tech for Impact Awards (Nov 21)
🇬🇧 London Climate Technology Show (Nov 27)
🇺🇸 New York Climate DeepTech Summit (Dec 12) ⭐️
🇨🇭 HackSummit 2025 (May 15, 2025) ⭐️
📰 Climate News
🌳 A new network focused on biodiversity just launched - Capacity.
🏠 World’s largest air-to-water heat pump to warm 30,000 homes in Finland.
⚡️ Renewable power share in Germany exceeds 60% in H1.
⚡️ BMW will recycle old EV batteries with Redwood Materials.
💧 How much energy does desalinisation use? Is it “absurdly cheap”?
📢 The Hague becomes world’s first city to pass law banning fossil fuel-related ads.
⚡️ McKinsey's Global Energy Perspective 2024.
☔️ U.K. to Fund ‘Small-Scale’ Outdoor Geoengineering Tests.
💼 New Climate Jobs
Last week, we had 1,696 new jobs posted on the job board by 532 employers. Below, you’ll find all featured jobs (companies on our premium access). You can head to the job board to explore all posted opportunities.
To feature your jobs in the section below, please sign up here.
autarc
autarc is building the operating system for heat pump installers. They are part of Y Combinator and are hiring for their office in Berlin-Mitte.
🇩🇪 Business Development Manager:in (€70k-100k)
🇩🇪 Energieberater:in (zertifizierter EEE) (€80k-100k)
🇩🇪 ML Engineer (Computer Vision) (€80k-150k)
🇩🇪 Sales Manager:in (€70k-100k)
🇩🇪 Senior Frontend Engineer (React)(€80k-100k)
Phlair
Phlair is revolutionizing carbon removal with its hydrolyzer-based Direct Air Capture technology, enabling scalable and low-cost CO2 capture from ambient air.
🇩🇪 Process Simulation Engineer (Munich, On-site)
🇩🇪 Working student in Mechanical Engineering (Munich, On-site)
Tree.ly
Tree.ly is a diverse team founding a new technology venture that unlocks the carbon capture potential of our forests by bringing together forest owners, carbon offsetters, and public authorities.
🇩🇪 Forest Expert (Berlin, On-site)
🇩🇪 Junior Designer (Germany, Remote)
🇦🇹 Junior Forest Sales Representative (Dornbirn, On-site)
🇦🇹 Sales Manager:in (Austria, Remote)
🇦🇹 Senior Forest Sales Manager (Dornbirn, On-site)
🇩🇪 Spontaneous application (Germany, Remote)
Final Note
If you enjoy these weekly updates, please take a second to join the platform as well, so that you can connect with people across the climate ecosystem and share your updates, questions, jobs, or funding news with the community.
Big hug,
📩 Feel free to send feedback, ideas, companies, funding rounds, etc. to: [email protected]