🌍 Last Week in Climate #147
Hey {{firstname|there}}, happy Wednesday!
📩 Here is your weekly digest of everything that happened in Climate last week.
🌍 If you want to join our events, build your network in Europe’s climate ecosystem, access our resources, or you'd like to just support our work, consider becoming a member. It’s a small one-time fee, no subscriptions!
💡 Email inboxes cut this digest off in the middle, so make sure you’re reading it online here.
We’ll cover last week’s:
🌍 inClimate updates,
🚀 Deal of the week,
🇪🇺 Closed funding rounds,
🗓 Events & meetups,
📰 Climate news, and
💼 Climate jobs.
inClimate Updates
We’re rolling out new event formats. The goals are to (1) connect people across the climate ecosystem and to (2) offer support to people wherever they are on their climate journey. You’ll see:
1️⃣ Weekly Climate AMA (Tuesdays)
2️⃣ Intro Circle (Wednesdays)
3️⃣ 1:1 Matchmaking (Thursdays)
4️⃣ Member-led Events & Meetups
✅ If you want to join, just sign up here if you’re not a member yet.
Also:
🇪🇸 inClimate Coffee tomorrow at 11:00am at Norrsken Barcelona. If you’re not a Norrsken member, please ask a member you know to bring you in as a guest.
🇪🇸 Our Climate Drinks event at Norrsken is back next month! I’ll share the registration in next Tuesday’s newsletter.
🖖 We’re now 17,943 members. You can find and connect with everyone via the members directory.
Deal of the week
🇨🇭 Jonathan and Quinn at FrostForge are raising an angel round to decarbonise cooling.
“For industries from data centers to food and medicine distributors - who face skyrocketing costs and blackouts caused by power-hungry cooling - we have FrostForge: a modular, solar heat-powered ice generation system. In short, we make ice from sunlight so they can keep vaccines safe, food fresh, and data flowing without overloading the grid.”
Members can learn more about Jonathan, Quinn, FrostForge, and the round via inclimate.com/rounds and validated investors can checkout the pitch deck there as well.
Closed Rounds
🇩🇪 IONITY - €450M Debt Financing
📍 Munich, Germany
🚗 Europe's high-power charging network for electric vehicles.
Investors: ABN AMRO Bank, BNP Paribas, Credit Agricole CIB, ING, KfW IPEX Bank, Landesbank Baden Wurttemberg, MUFG Bank, Nord/LB, Rabobank
🇬🇧 Eku Energy - £45M Debt Financing
📍 London, United Kingdom
⚡️ Battery Energy Storage Systems (BESS).
Investors: NatWest Bank, Sumitomo Mitsui Banking Corporation
🇩🇪 OroraTech - €37M Series B
📍 Munich, Germany
💡 Thermal intelligence.
Investors: Ananda Impact Ventures, Bayern Kapital, BNP Paribas Solar Impulse Venture fund, ConActivity KG, Edaphon, European Circular Bioeconomy Fund, Findus Venture, Korys, Rabo Ventures
🇳🇱 Optics11 - €17M Venture
📍 Amsterdam, Netherlands
🌳 Maritime defense and energy solutions.
Investors: FORWARD.one, Join Capital, SET Ventures
🇫🇮 Foodiq - €10M Funding Round
📍 Helsinki, Finland
🍴 Food manufacturer that develops & manufactures plant-based products.
🇩🇪 Freshflow - €6.5M Seed
📍 Berlin, Germany
🍴 Harnessing AI to tackle global food waste in the supply chain.
Investors: Caesar Ventures, Capnamic, Catatumbo Capital, Venture Stars, World Fund
🇫🇷 Riverse - €5M Seed
📍 Lyon, France
💸 Efficient and transparent carbon credit markets in Europe.
Investors: Alven, K Fund, Racine, Speedinvest
🇸🇪 Sproud - $2.2M Corporate Round
📍 Malmö, Sweden
🍴 Maker of a range of plant-based milk from yellow split peas.
Investors: Lantmännen Biorefineries, Findeln Holding, VGC Partners
🇬🇧 Zendo Energy - £1.8M Pre-Seed
📍 London, United Kingdom
🏭 Decarbonizes computer power.
Investors: Fly Ventures, Octopus Ventures, PactVC
🇬🇧 Martello - £1.2M Seed
📍 Bristol, United Kingdom
💡 AI to analyze environmental data points in real-time, surfacing critical risks such as flooding, and land contamination.
Investors: Fuel Ventures
🇦🇹 enspired - $200k Non-equity Assistance
📍 Vienna, Austria
⚡️ Energy trading.
Investors: Google for Startups
🇫🇷 Sand to Green - $50k Grant
📍 Paris, France
💨 Solution to the problems of desertification, land degradation, & food security.
Investors: DeepTech Summit
🇸🇪 Scandinavian Data Centers - Corporate Round
📍 Stockholm, Sweden
🏭 Low-carbon data center platform.
Investors: Fastighets AB Balder
🇪🇸 Xoople - Venture
📍 Madrid, Spain
💡 Earth intelligence.
Investors: AXIS, CDTI, Spanish Space Agency
👋 Important: If you read this on Gmail you might not see the full email. I’d recommend reading it online.
Upcoming Events
🇫🇷 ChangeNow (May 24)
🇬🇧 International Carbon Markets Summit (May 29)
🇸🇪 Mashup (May 27)
🇩🇪 Ecosummit Berlin (Jun 3)
🇵🇹 Lisbon Energy Summit (Jun 3)
🇫🇷 2025 UN Ocean Conference (Jun 9) (I’ll be here 👋)
🇫🇷 Impactful Innovations Day (Jun 11) (and here 👋)
🇮🇹 Terra Tuscany (Jun 16)
🇺🇸 Innovation Zero America Congress (Jun 17)
🇸🇬 Asia Climate Forum (Jun 19)
🇬🇧 London Climate Action Week (Jun 21)
🇬🇧 Reset Connect London (Jun 24)
🇬🇧 Arctic Repair 2025 (Jun 26)
🇩🇪 2025 Energy & Mobility Award (Jul 3)
🇮🇹 Waste Management Europe Conference (Jul 10)
🇦🇺 Australian Clean Energy Summit (Jul 29)
… all 2025 events on inClimate.com/events
Got any events or conferences planned for 2025 or attending an event that we should all know about?
Just add them via inClimate.com/events 👇️
Climate News
🧑🌾 Revo Foods Launches Crowdfunding Campaign, Already Exceeding €1.2 Million in Support
💸 Actis raises US$1.7 billion for second long life infrastructure fund
💸 Carbon Equity closes climate tech fund after raising €107m
⚡️ Aligned Climate Capital Closes Solar Fund, At Over $200M
⚡️ Great British Energy legislation passes through Parliament
⚡️ World's first commercial-scale e-methanol plant opens in Denmark
⚡️ UK wind farms warned of emerging criminal threat to copper cabling
💨 Carbfix Secures Europe’s First Storage Permit for Onshore Geological Storage of CO₂
💨 SLB Capturi achieves first 1,000 metric tons CO2 captured at Brevik carbon capture plant
New Climate Jobs
You have already received your weekly job recommendations via email on Monday if you have set up a job alert via your account.
Tether
Tether is building AI that learns the behavior of millions of private Electric Vehicles to coordinate their charging patterns, turning these cars into the world's largest - and cleanest - distributed battery that helps to reinforce the power grid.
🇪🇺 Data Scientist → Successfully hired an inClimate member this week 🥳
🇪🇺 Software Engineer (API/Network Devices)
If you want to featured your jobs here, you can sign up for partner access here. We also just launched free trials for hiring on inClimate.com/for-employers.
Final Note
If you’re enjoying these weekly updates, take a moment to join the platform and the community space! It’s the easiest way to connect with others across the climate ecosystem — and a place where you can share your own updates, questions, job opportunities, or funding news with the community.
Big hug from Barcelona,
P.S. Got feedback, fun ideas, or climate-related funding news? We’d love to hear from you — just drop us a note at info@inclimate.com.