Climate and Clean Tech
3D Illustration of a Tokamak and sustained nuclear fusion
Dealflow | June 2, 2023
Fusion is heating up
ImpactAlpha, June 3 – Some $5 billion has been invested by the private sector in fusion energy startups. Last month, Microsoft inked the …
Dealflow | June 1, 2023
Boeing inks deal to buy green hydrogen from Equatic
ImpactAlpha, June 1 – Los Angeles-based Equatic’s novel technology packs a one-two punch. It produces hydrogen from seawater via renewable-powered electrolysis. At the …
Photo credit: Sun King
Clean Energy | May 31, 2023
Sun King raises $130 million through securitization of off-grid solar payments
ImpactAlpha, May 31 – Public agencies and private companies from California to Cote d’Ivoire are leveraging cash flows to finance climate adaptation and …
Photo credit: Kofa
Dealflow | May 30, 2023
Ghana’s Kofa raises seed round for multi-purpose EV batteries
ImpactAlpha, May 30 – The action in Africa’s electric vehicle market is in electric motorbikes. Much of the early activity is concentrated in East …
Image credit: Quilt
Climate and Clean Tech | May 24, 2023
Lowercarbon Capital and MCJ Collective back Quilt’s heat pump designs
ImpactAlpha, May 24 – Sales of heat pumps in the US last year outpaced gas furnaces. Many systems come with installation challenges, however, …
Photo credit: Hybrico
Frontier and Growth Markets | May 21, 2023
Hybrico raises $2 million to shift cell tower operators to green energy
ImpactAlpha, May 21 – Online connectivity is now essential to economic inclusion. But in markets where grid energy isn’t reliable, online access is …
Climate and Clean Tech | May 18, 2023
Tangible raises $3 million to help building developers measure and reduce climate impact
ImpactAlpha, May 18 – Real estate companies seeking to reduce their carbon footprints largely focus on operational carbon—how much a building emits once …
Photo by Kensa.
Climate and Clean Tech | May 17, 2023
Kensa Group secures £70 million to accelerate adoption of ground-source heat pumps in the UK
ImpactAlpha, May 17 — The UK government wants to install 600,000 heat pumps each year as a low-carbon alternative to gas boilers. Ground-source, …
Agents of Impact | May 12, 2023
Aina Abiodun, VertueLab: Centering community in climate tech in the Pacific Northwest
ImpactAlpha, May 12 – Nigeria-born climate entrepreneur and “professional nomad” Aina Abiodun is bullish on place-based climate innovation. “There is nothing more urgent than …
Clean Energy | May 12, 2023
ImpactAlpha Deal Spotlight: Brookfield bucks fundraising malaise as it eyes another mega decarbonization fund
ImpactAlpha, May 12 — Private equity funds are bracing for a challenging fundraising year. Not Brookfield Asset Management. Already this year, the Canadian …
Photo credit: Pivot Energy
Climate and Clean Tech | May 10, 2023
Silicon Valley Bank keeps green project finance rolling under new ownership
ImpactAlpha, May 11 – When a bank run took down Silicon Valley Bank in March, the US government stepped in to ensure depositors …
Climate and Clean Tech | May 10, 2023
UK-based Actis launches $500 million Japan-focused clean energy arm
ImpactAlpha, May 10 – London-based global sustainable infrastructure investor Actis launched a Japan-focused clean energy unit out of its fifth energy infrastructure fund, …
Photo by Nithio.
Clean Energy | May 8, 2023
Schmidt Family Foundation backs Nithio for clean energy access in sub-Saharan Africa
ImpactAlpha, May 8 — A $3 million investment by the former Google executive’s foundation will support off-grid solar lending to borrowers in “the …
Photo credit: CoolIT
Return on Inclusion | May 4, 2023
KKR acquires CoolIT to advance both climate impact and worker ownership
ImpactAlpha, May 4 – The world’s growing uses for data are creating an environmental problem: data centers consume a lot of energy. Preventing …
Climate Finance | May 4, 2023
Milestones reached for trio of climate investment funds
ImpactAlpha, May 4 – The investment environment may be strained by macro trends, but fund managers are moving forward, particularly in the climate …
Agents of Impact | April 28, 2023
Su Sanni, Dollaride: From dollar-van commuter to urban-mobility entrepreneur
ImpactAlpha, April 28 — A first generation Nigerian-American, Su Sanni grew up in East New York, Brooklyn and Jamaica, Queens. The low-income neighborhoods, …
Frontier and Growth Markets | April 26, 2023
Capria scores backing from Gates Ventures and others to invest in the Global South
Emerging markets-focused venture investor Capria Ventures closed its first, $57 million fund in June 2020. “It was a lousy time to raise and …
Photo by Roodgally Senatus, ImpactAlpha.
Catalytic Capital | April 25, 2023
Dollaride scores $500,000 from Elemental Excelerator to electrify urban mobility
ImpactAlpha, April 25 — Brooklyn-based Dollaride initially launched in 2018 to digitalize New York’s informal network of dollar van drivers and riders. With …
Image credit: Net Zero Insights
Dealflow | April 21, 2023
Deal spotlight: The new, uncomfortable reality for climate tech VC
ImpactAlpha, April 21 – Last year, climate tech investing was a bright spot in an otherwise challenging fundraising market. The talk among startups …
Climate and Clean Tech | April 20, 2023
Venture capital investors in climate tech are closer to government than they might want to admit
The climate investment ecosystem has been buffeted in recent months by the collapse of Silicon Valley Bank and the decline in climate tech …
Photo credit: Amp Robotics, a Congruent portfolio company
Climate Finance | April 19, 2023
Climate tech investor Congruent raises $300 million to help portfolio co’s scale
ImpactAlpha, April 19 – Congruent Ventures has cut pre-seed, seed and Series A checks for more than 60 companies since launching in 2017. …
Photo by Blokable.
Dealflow | April 11, 2023
Blokable scores $5.5 million to build affordable modular housing units
ImpactAlpha, April 11 — New housing stock is needed to alleviate the U.S. housing affordability crisis. Sacramento-based Blokable has raised $5.5 million for …
Photo credit: HeatTransformers
Dealflow | April 5, 2023
Investors target home energy efficiency in Europe
ImpactAlpha, April 5 – European climate tech investing is defying the lull in venture capital dealmaking. The latest: Energy Impact Partners, Fair Capital …
Photo by Lion's Head Global Partners.
Climate and Clean Tech | April 4, 2023
Decentral Energy Managers scores $12.1 million for clean energy in South Africa
ImpactAlpha, April 4 — Johannesburg-based independent power producer Decentral Energy Managers has raised $12.1 million of equity from Flyt Property Investments and Anuva …
Dealflow | March 31, 2023
ImpactAlpha Deal Spotlight: Climate tech in Europe
Impactalpha, March 31 — Climate tech is the fastest-growing sector in Europe. Of the $70.1 billion in funding deployed to global climate tech …
Impact Investing | March 30, 2023
Agreena nabs €46 million to scale technology for creating and measuring soil carbon credits
ImpactAlpha, March 30 – Regenerative agriculture can lock away carbon in soil and help build more resilient food systems. Yet the cost of …
Climate Finance | March 27, 2023
Don’t mess with Texas’s lead in the low-carbon energy transition
Austin, TX – Everything’s bigger in Texas. That goes for the state’s role in the transition to a greener and cleaner economy. Texas already …
Image credit: Mixergy
Clean Energy | March 27, 2023
Mixergy raises £9.2 million to convert hot water tanks into energy storage systems
ImpactAlpha, March 27 – Individuals wanting to lower their carbon footprints – and energy bills – are adopting solar panels, electric vehicles, heat …
Image credit: Piclo
Dealflow | March 23, 2023
Piclo raises £8.3 million to add clean energy sources to electricity grids
ImpactAlpha, March 23 – London-based Piclo has developed a marketplace to help electricity system operators, which balance supply and demand on local electricity …
Photo by Michael Fousert on Unsplash
Climate and Clean Tech | March 16, 2023
Los Angeles Cleantech Incubator backs ChargerHelp and Repurpose
ImpactAlpha, March 16 — Los Angeles Cleantech Incubator is back women-led climate tech startups ChargerHelp and Repurpose. South L.A.-based ChargerHelp will use the …
Photo by ZeroNox.
Dealflow | March 13, 2023
Off-highway vehicle electrification company ZeroNox to go public via SPAC as deadline looms
ImpactAlpha, March 13 – Special purpose acquisition companies, or SPACs, took the market by storm in 2020 and 2021. Nearly 250 SPACs with …
Photo by Shifted Energy.
Climate and Clean Tech | March 9, 2023
Shifted Energy scores $4.3 million to deploy low-cost smart energy products to low-income households
ImpactAlpha, March 9 — Honolulu-based Shifted Energy creates “virtual power plants” out of single- and multi-family homes by connecting electrical appliances to a …
Photo by Nyle Systems.
Dealflow | March 7, 2023
Aligned Climate Capital stakes Nyle Systems to $6 million for heat pumps and green jobs in Maine
ImpactAlpha, March 7 — Brewer, Maine-based Nyle Systems has raised $6 million to manufacture commercial-sized heat pump water heaters and create roughly 200 …
Photo by Divert.
Dealflow | March 2, 2023
Divert raises $1.1 billion to convert food waste into renewable natural gas
ImpactAlpha, March 2 — Concord, Mass.-based company has raised $100 million in growth equity from investors including Ara Partners and Canadian oil giant …
Photo by BlocPower.
Climate and Clean Tech | March 1, 2023
BlocPower raises $154 million to decarbonize buildings in low-income neighborhoods
ImpactAlpha, March 1 — Brooklyn-based climate tech venture BlocPower has raised $154 million in debt and equity funding to partner with municipalities in …
Dealflow | February 24, 2023
ImpactAlpha Deal Spotlight: Black and Brown green startups
ImpactAlpha, February 24 — Founders are using their proximity to communities and their own lived experience to build climate solutions. Local accelerators and …
Dealflow | February 23, 2023
United’s Sustainable Flight Fund raises $100 million for sustainable aviation fuel
ImpactAlpha, February 23 — Chicago-based United Airlines is seeking to scale up the supply of sustainable aviation fuel to decarbonize commercial air travel. …
Photo by Ocean 14 Capital.
Oceans | February 21, 2023
IKEA’s backer stakes Ocean 14 Capital to €30 million to supercharge the blue economy
ImpactAlpha, February 21 — Ocean 14 Capital has received a $32 million from Ingka Investments, which is part of Ingka Group, the largest …
Photo credit: Nextracker
Dealflow | February 17, 2023
Deal spotlight: An old-fashioned IPO with a climate twist
ImpactAlpha, February 17 – A climate tech company has scored the biggest IPO so far in 2023. Fremont, Calif.-based Nextracker, which optimizes solar …
Photo by Redwood Materials.
Climate and Clean Tech | February 16, 2023
Redwood Materials arranges $2 billion Energy Department loan for EV battery facility
ImpactAlpha, February 16 — Redwood Materials has arranged a $2 billion Energy Department Loan for an EV battery plant in McCarran, Nev. that …
Evette Ellis and Kameale Terry. Photo by ChargerHelp!
Green Infrastructure | February 15, 2023
ChargerHelp scores $17.5 million to repair EV chargers and create inclusive green jobs
ImpactAlpha, February 15 — More electric vehicles on the road means more demand for EV chargers that work. Broken and unreliable chargers have …
Climate Finance | February 14, 2023
Private equity giants double down on the low-carbon transition and impact investing
ImpactAlpha, Feb. 14 – Brookfield Asset Management made waves last June when it closed fundraising for its $15 billion energy transition fund, the …
The production of lithium from brine extracted from the Clayton Valley basin
Climate and Clean Tech | February 13, 2023
EV supply chains are riddled with human rights abuses. Tech can help eliminate them.
More electric vehicles (EVs) were sold each week of 2022 than in all of 2011. Analysts expect this explosive growth to remain unabated …
Photo by Zeitview.
Dealflow | February 8, 2023
Zeitview raises $55 million for inspections of wind and solar-energy assets
ImpactAlpha, February 8 — Wind and solar farms tend to be decentralized, making it difficult and expensive to inspect them. Wind turbines, for …
Photo by Recycleye.
Dealflow | February 7, 2023
Recycleye snags $17 million for robots to sort recyclable waste
ImpactAlpha, February 7 — London-based Recycleye has raised $17 million for its AI-powered robots that scan and identify plastic, aluminum, paper and cardboard …