Turning waste-wood into skyscrapers; mycoprotein for fish farming; saving landfill-bound merchandise from the hangman’s noose– Latest offers price :
Agriculture & Meals
EniferBio (2019) is greening-up the business of sustainable fish farming with its biotech meals and animal feed protein merchandise. The one-cell protein is extracted from fungi Pekilo mycoprotein and protein-rich cell biomass pulled from underutilised facet or meals waste streams. This waste-to-high-value-product expertise differs from the unique fermentation strategies developed by forestry scientists within the Nineteen Sixties, and provides 70% protein, 20-30% fibre, 10% fat and minerals, and a excessive focus of vitamin B for high-quality animal feed.
EniferBio has secured $12M in Collection A funding from Aqua-Spark, TESI, Valio, Voima Ventures, and Nordic FoodTech VC.
The funding will go in direction of scaling its expertise and manufacturing capacities.
Vitality & Energy
Vitality Dome (2019) is preventing local weather change with its CO2 battery. The vitality storage resolution provided by Vitality Dome is predicated on the thermodynamic transformation of CO2, a closed loop course of utilizing CO2 to retailer vitality and make renewable energy dispatchable. This revolutionary long-term vitality storage system permits massive portions of vitality to be saved in any web site dependency, permitting companies to retailer electrical energy affordably.
Vitality Dome has closed a $44M Collection B spherical from Eni Subsequent, Neva SGR, Barclays Sustainable Impression Capital, CDP Enterprise Capital, Invitalia Ventures, Novum Capital Companions, 360 Capital Companions, Japan Vitality Fund Ventures, and Elemental Excelerator.
The funding will go in direction of enabling additional commercialization of Vitality Dome’s expertise world wide and can help the growth of Vitality Dome’s staff in key markets, with a particular concentrate on the U.S.
Supplies & Chemical compounds
WooDoo (2016) has developed dieback bionic wooden, a molecularly-enhanced translucent wooden that overcomes all normal wooden limits for its software within the constructing business. Its expertise transforms broken wooden species at a molecular scale into high-performance materials alternate options for metal, glass, leather-based, and plastics. These supplies are claimed to ‘outperform metal and concrete in energy, weight, look and value’.
The Parisian firm has secured $31M in Collection A funding from One Creation, Lowercarbon Capital, and Purple Ventures with angel traders additionally taking part within the spherical.
The funding will go in direction of scaling its manufacturing capabilities to satisfy their rising demand whereas exploring different industrial alternatives. The transformation of useless wooden right into a skyscraper isn’t any small feat, taking the world’s bottom-line and aesthetics-based tradition and aligning them with environmental wants.
Assets & Surroundings
Cyclic Supplies (2021) provides recycling companies to help round provide chains by saving one landfill-bound product at a time. It’s a round provide chain service platform particularly aiming to facilitate the recycling of important earth metals and supplies used for high-performance magnets to get them re-circulated and again into the manufacturing course of. Emission-reducing industries receiving these supplies embody wind turbine, electrical automobile, and electronics for CO2 producers.
Cyclic Supplies has raised $27M in an oversubscribed Collection A funding spherical led by Vitality Impression Companions (EIP) and BMW i Ventures (BiV), together with Fifth Wall, Bioindustrial Innovation Canada (BIC), and Planetary Applied sciences.
The funds will probably be used to scale up its development in North America, Europe, and Asia.
Transportation & Logistics
Virta (2013) is bringing electrical mobility nearer to day by day routines with its companies protecting the entire electrical charging worth chain. Its worldwide charging community connects EV drivers and offers entry to over 350,000 charging factors for each companies and native communities.
Virta has raised a cumulative of $91M in development fairness funding to help its European and APAC area growth plans; $71M is from Jolt Capital, co-invested by Future Vitality Ventures, with the remaining $20M from Enterprise Finland.
The purpose is to be the connector for all key gamers throughout the electrical automobile ecosystem by providing a channel to launch, scale and function industrial companies throughout the EV business.
Enabling Applied sciences
Ursa Main Applied sciences (2015) brings high-performing rocket engines, hypersonics and a variety of turnkey propulsion options to the microsatellite launch business. The thought is to carry a brand new mannequin for area entry by ensuring that each hyperlink on this huge worth chain isn’t restricted by these round it.
To pursue its expertise growth, Ursa Main has closed its $100M Collection D spherical from traders together with BlackRock and Area Capital. These funds come a yr following its $85M Collection C spherical, with a cumulative whole of $234M raised and a $400M pre-money valuation.
Ursa Main is working to proceed constructing ‘Hadley’, its 5,000-pound liquid oxygen and kerosene engine, and ‘Ripley’ a a lot bigger engine which is 10x extra highly effective with its 50,000-pound thrust. This spherical of funding will go in direction of persevering with to develop its applied sciences that are targeted immediately on the development of rocket engines.