🇪🇺🌳 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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💚 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,
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📩 Feel free to send feedback, ideas, companies, funding rounds, or other inquiries to: team@climateu.earth