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Energy Internet of Things North America Residential Solar

Omnidian Raises $33 Million in Series B Round

– Omnidian secured a $33m Series B capital raise.
– The round was led by Activate Capital and included Liberty Mutual Insurance and WIND Ventures, the strategic venture capital arm of Chilean multinational energy firm Copec.
– The new capital comes at a time of rapid growth for Omnidian.
– In addition to its performance plans for solar, the firm has launched a similar service for energy storage, both at the residential and C&I level.
– In the future, Omnidian’s machine learning software will monitor other IoT sensored energy products.
– The firm currently employs more than 100 professionals across 16 states and expects that number to grow significantly over the next several years. It will also grow the more than 1,700 megawatts it currently manages for customers. Finally, this raise will enable international expansion for the company.

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Energy North America Renewable Energy Solar

SunShare Receives $30M Equity Investment from Ember Infrastructure

– SunShare is a Denver-based community solar developer.
– Company secured $30m equity commitment from Ember Infrastructure, a private equity platform investing in diversified sustainable infrastructure assets and companies.
– The investment will accelerate SunShare’s business model of combining market innovation with full life-cycle solar development and ownership capabilities and allow it to expand into new states.

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Clean Energy Energy North America Renewable Energy Solar

Arcadia Raises $100M Series D to Democratize Access to Clean Energy

– Arcadia, the climate-crisis-fighting technology company unlocking nationwide access to energy data and renewables, announced a $100m Series D funding round led by Tiger Global Management and the Drawdown Fund with participation from new investors Wellington Management, Reimagined Ventures (the family office of Alec Litowitz, founder of Magnetar Capital), Camber Creek, MCJ Collective, and existing investors Energy Impact Partners, G2 Venture Partners, Inclusive Capital, and BoxGroup.
– Combined with the Company’s previously undisclosed $21m Series C-1 in December 2020, Arcadia has now raised $180m in total funding.
– The new round of capital will be used to accelerate Arcadia’s technology roadmap, expanding product capabilities across new verticals including electric vehicles and distributed energy resources to catalyze innovation in the sector, making renewables accessible and affordable for all.

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Analytics Artificial Intelligence Consumer Software Energy GovTech Information Technology Internet Machine Learning North America Renewable Energy Software

Bidgely Secures $26M in Financing to Accelerate Utilities’ Leading Role in the Clean Energy Future

– Bidgely announced the closing of a $26m round of strategic financing to bolster its utility electrification and decarbonization innovations deployed around the world.
– Led by Moore Strategic Ventures, the round is joined by Accurant International, an investment venture of Bahman Hoveida, co-founder and ex-CEO of Open Systems International.
– The oversubscribed round also included existing investors, such as Future Energy Ventures, Georgian and Constellation Technology Ventures.
– Bidgely, a pioneer of disaggregation, holds 17 patents for its technology, including EV disaggregation techniques.

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Artificial Intelligence Energy Energy Management Machine Learning North America Oil and Gas Software

CruxOCM Raises $9M Total in Venture Financing; Latest Led by Bullpen Capital

– CruxOCM is the pioneer of robotic industrial process automation (RIPA™) for control room operations.
– The company has raised $6M in venture financing to fuel growth.
– The recent round was led by Bullpen Capital, with participation from Angular Ventures, Root Ventures, Golden Ventures, Cendana Capital and Industry Ventures.
– The capital will be used to grow the company’s product lines, increase the efficiency of its installation process, and continue expanding its team across North America.

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Biotechnology Energy North America Oil and Gas

Calysta Raises $39M in Series D-1 Funding

– Calysta is a San Mateo CA-based biotechnology company focused on alternative protein producer.
– The company raised $39M in Series D-1 funding.
– The round was led by bp ventures with participation from were Adisseo, AquaSpark and WTI, as well as other existing investors.
– The new investment will be used to support global scale-up of production of its FeedKind protein.

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Energy Environmental Engineering GreenTech North America

Thiozen Raises $3M in Seed Funding

– Thiozen Inc. is a Boston, MA-based emission hydrogen technology company.
– Company raised $3m in Seed funding.
– The round was led by Eni Next, the venture investment vehicle of Eni S.p.A, with participation from Good Growth Capital and Mount Wilson Ventures.
– The new investment will be used to scale its technology to a commercial demonstration.

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Consulting Energy Information Technology North America Renewable Energy

Priority Power Announces Investment by Oaktree Capital

– Priority Power announced a $250m investment from funds managed by Oaktree Capital Management and other select institutional investors.
– Ara Partners, a Houston-based private equity firm specializing in industrial decarbonization investments, acquired Priority Power in 2019. Ara Partners will continue to hold an ownership stake.
– Priority Power was founded in 2001 and serves over 7,000 commercial and industrial customers in North America totaling over $2.7b of energy procurement under management.

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Analytics Energy Environmental Consulting North America Renewable Energy

Kevala Raises $21M in Series A Funding

– Kevala provides a data and analytics platform for the energy industry.
– The company raised $21M in Series A funding led by C5 Impact Partners LP and Thin Line Capital.
– The new investment will be aimed at accelerating the company’s growth.

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Energy Energy Management Energy Storage Renewable Energy Western Europe

Energy Vault Raises $100M in Series C Funding

– Energy Vault is a Westlake Village, CA-based creator of gravity-based, grid-scale energy storage solutions with its proprietary technology.
– Company raised $100m in Series C funding.
– The round was led by existing investor Prime Movers Lab, with participation from other existing investors SoftBank Vision Fund, Saudi Aramco Energy Ventures, Helena, and Idealab X, and new investors Pickering Energy Partners through its Energy Equity Opportunity Fund, SailingStone Global Energy Transition, A.T. Gekko, Crexa Capital Advisors LLC, Green Storage Solutions Venture I LLC, and Gordon Crawford.
– The company intends to use the funds to ramp up multi-continent deployments of its innovative EVx™ platform, including fulfilling a pipeline of customer agreements across markets in the U.S., Middle East, Europe, and Australia.

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Energy Environmental Engineering Marketplace North America Renewable Energy

Google-backed startup LevelTen Energy lands $35M as clean power sector booms

– Seattle startup LevelTen Energy has raised $35m in a Series C round led by NGP Energy Capital, with participation from others.
– The company facilitates the purchase of renewable power and helps support the creation of solar- and wind-power farms.
– Total funding to date is $62.3m.

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Automotive Electric Vehicle Energy Infrastructure North America Robotics Transportation

Ample raises $160M to scale its battery swapping service

– San Francisco-based Ample raised $160m Series C funding.
– The round was led by Moore Strategic Ventures with participation from PTT, a Thai state-owned oil and gas company, and Disruptive Innovation Fund.
– Existing investors Eneos, a Japanese petroleum and energy company, and Singapore’s public transit operator SMRT also participated.
– Ample’s total funding is now $230m.

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Agriculture AgTech Biotechnology Energy North America Waste Management

Apeel bites into another $250M funding round, at a $2B valuation, to accelerate fresh food supply chains

– Apeel Sciences, a food system innovation company, raised $250m in Series E funding.
– The round was led by Temasek and joined by a group of new and existing investors.
– With the new funding, Apeel has now raised over $635m since the company was founded in 2012.
– The company developed a plant-based layer for the surface of fruits and vegetables that is tasteless and odorless and that keeps moisture in while letting oxygen out.

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CleanTech Energy Machine Learning North America Power Grid Software Sustainability

Gaiascope Raises $2M in Seed Funding

– Gaiascope is a Boston MA-based wholesale electricity price forecasting company.
– Company raised $2M in seed funding.
– The round was led by VoLo Earth Ventures with participation from Khosla Ventures and Y-Combinator.
– The new investment will be used to expand the company’s business reach.

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Artificial Intelligence Energy Machine Learning North America

Imubit Raises $30M In Funding

– Imubit from Houston, TX develops an AI process optimization solution that enables hydrocarbon processing plant operators to discover, engineer and monetize process optimization opportunities.
– The company raised $30m in funding.
– The round was led by Zeev Ventures and Insight Partners, with participation from existing investors Spider Capital and UpWest.
– The new investment will be used to bring the company’s Closed Loop Neural Network platform to every process manufacturing plant around the globe.

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Clean Energy Energy Finance North America Project Management Solar

Nexamp Secures $680 Million Investment to Advance Its Mission of Making Energy Clean, Simple and Accessible

– Nexamp secured a $240m equity investment led by Generate Capital.
– Nexamp also recently raised $440m in debt financing, bringing its total new funding to $680m.
– The new funding will accelerate Nexamp’s ability to offer a flexible range of decarbonization options for customers, expanding its position as a leading clean energy solutions provider.

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Aerospace Data Visualization Energy North America Oil and Gas Space Travel

Kairos Aerospace Secures $26 Million in Series C-1 Funding

– Kairos Aerospace closed its $26m Series C-1 funding round, led by DCVC.
– Using cutting-edge methane detection algorithms and proprietary sensor hardware, Kairos’ industry leading capabilities to conduct basin-wide aerial surveys identify material methane leaks of all sizes, which it pinpoints on the map with its patented fusion of infrared data, GPS and aerial photography.
– Kairos then provides discreet and actionable insights to its clients in the oil and gas industry so they can quickly fix the leaks.

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Agriculture Chemical Energy Machinery Manufacturing North America Renewable Energy

Fertilizer Created from Lightning: Nitricity Raises $5 Million Seed Round to Help Farmers Produce Their Own Nitrogen Fertilizer

– Nitricity, an agtech startup with unique technology to produce renewable nitrogen fertilizer at point-of-use, announced the close of a $5m Series Seed investment round led by Energy Impact Partners.
– The funding will enable the company to accelerate innovations and recruit top engineering talent in the climate tech and agriculture fields.
– The round included participation from new investor Fine Structure Ventures as well as existing investors including Lowercarbon Capital and MCJ Collective.

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Energy North America

Branch Energy Raises $4.5M in Seed Funding

– Branch Energy, a tech-powered, green energy provider focused on helping consumers reduce their energy bills and carbon footprints, raised $4.5m in seed funding.
– The round was led by Comcast Ventures with participation from Global Founders Capital, Inovia Capital, and Assaf Wand – CEO of home insurance unicorn Hippo.
– The company intends to use the funds to: launch in the US in states with deregulated energy markets, expand the team, grow the data, and analytic infrastructure development.

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Battery Energy North America Renewable Energy

Nanotech Energy Raises $64M in Series D Funding

– Nanotech Energy is a manufacturer of graphene and producer of non-flammable, graphene-based batteries.
– The company raised $64m in Series D funding.
– The round was led by Taiwanese financial services company Fubon Financial Holding Co.
– The new investment will be used to accelerate international expansion and develop a new high-volume graphene battery manufacturing facility in Reno, Nevada.

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Energy Energy Storage Manufacturing North America Oil and Gas Renewable Energy Solar

Ambri Raises $144M in Financing

– Ambri from Marlborough, Massachusetts develops a new, long-duration battery technology that will enable widespread use of renewable energy sources, reduce electricity costs, and enable power systems to operate efficiently.
– The company raised $144m in Series C round.
– The round was led by strategic investors Reliance New Energy Solar Ltd, a wholly owned subsidiary of Reliance Industries Limited, Paulson & Co. Inc., and includes Ambri’s largest shareholder, Bill Gates, new investors, Fortistar, Goehring & Rozencwajg Associates, Japan Energy Fund and others.
– The company intends to use the funds to commercialize and grow its daily cycling, long-duration system technology, and to build a domestic manufacturing facility.

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Battery Eastern Asia Electric Vehicle Energy Energy Storage Manufacturing

SVOLT Energy Closes RMB10.28 Billion Series B Financing

– SVOLT Energy Technology Co., Ltd. is a Beijing, China-based EV battery manufacturer.
– Company raised a total amount of RMB 10.28 billion ($US 1.58 billion) in Series B funding.
– The round was led by Bank of China Group Investment (BOCGI), Country Garden Venture Capital, Shenzhen Capital Group (SCGC), CCB Investment, IDG Capital, Sany, Xiaomi Corporation, Oceanpine Capital, CHINA RENAISSANCE among others.
– The Series B funds will be mainly used for R&D of new technologies and construction of new factories.

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Advanced Materials Clean Energy Energy Industrial North America

Quaise Raises $12 Million from Nabors Industries

– Quaise Inc. has raised $12m in financing from Nabors Industries.
– The proceeds of this financing will be utilized to accelerate development of Quaise’s millimeter wave drilling technology towards its first field demonstration in the Western U.S., uniquely positioning the company to scale geothermal energy to terawatts.
– Quaise has raised a total of $18m to date.

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Australia and Oceania Energy Energy Efficiency Environmental Engineering Renewable Energy Sustainability

MGA Thermal raises $8M AUD led by Main Sequence for its modular energy storage blocks

– MGA Thermal, a thermal energy storage company, raised $8m in funding.
– The round was led by Main Sequence, a venture firm founded by Australia’s national science agency that recently launched a new $250m fund.
Alberts Impact Capital, New Zealand’s Climate Venture Capital Fund, The Melt and returning investor CP Ventures participated, along with angel investors like Chris Sang, Emlyn Scott and Glenn Butcher.
– Based in Newcastle, Australia, MGA Thermal was founded in April 2019 by Erich Kisi and Alexander Post after nearly a decade spent researching and developing miscibility gap alloys technology at the University of Newcastle.
– When asked to explain MGA tech in layperson’s terms, Kisi used a delicious analogy.

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Energy North America Nuclear Project Management

NuScale Power Secures Nearly $200 Million in Strategic Investments

– NuScale Power announced that recent private capital investments from a diverse base of strategic investors total $152m, bringing the company’s total funding year to date to approximately $192m.
– Investments have been secured from GS Energy, Doosan Heavy Industry and Construction, IHI Corporation, Samsung C&T Corporation, Sargent & Lundy and Sarens.
– NuScale is the leading developer of a small modular reactor (SMR) that delivers scalable, safe and reliable carbon-free nuclear power.
– Since 2007, NuScale has invested hundreds of millions in the development and commercialization of its SMR technology, which includes both private investments and cost-sharing awards from the U.S. Department of Energy (DOE).

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Automotive Energy Information Technology Manufacturing North America

Niron Magnetics Raises $21.3M to Commercialize Rare-Earth Free Magnets for a More Sustainable Electric Economy

– Niron has raised $21.3M in new financing.
Volvo Cars Tech Fund and Volta Energy Technologies join existing investors Anzu Partners and the University of Minnesota.
– Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet™ technology.
– Surging global demand for electric vehicles (EVs) and other motorized devices has highlighted global dependency on the unsustainably-produced rare earth materials currently required for the magnets needed in electric drivetrains and motors.
– Niron’s Clean Earth Magnet™ technology, developed from a decade of research, leverages materials science innovations to eliminate the need for rare earth content in magnets. Instead, Niron utilizes some of the most common elements on earth – iron and nitrogen – to deliver better performance and lower costs.

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Energy Information Technology North America Oil and Gas

Cold Bore Technology Closes $14M Financing

– Cold Bore technology closed $14m in growth financing.
– The round was led by bp ventures with participation from the Canadian Business Growth Fund.
– Existing investors include the Rice Investment Group, a $200m multi-strategy, energy sector investment fund.
– Cold Bore is leading a major shift in the completions (fracing) industry towards safer, more autonomous operations by providing oil & gas companies (operators) with a centralized digital platform called SmartPAD.
– SmartPAD is an end-to-end, fully integrated software and hardware platform designed to collect, analyze, and report data which would otherwise be underutilized.
– Better utilization of this data unlocks operators’ ability to make step-change improvements across all key performance indicators.

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Energy Energy Management North America Solar

Bright Power Raises $24.5M in Growth Funding

– Bright Power, Inc. closed a $24.5m Series B funding round.
– The round was led by the BMO Impact Investment Fund and Generate Capital.
– The company intends to use the funds to continue scaling its business and bring new products and services to market.

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Energy North America Renewable Energy

Natel Energy Announces $20M Series B to Further Deploy Modern, Renewable Hydropower

– Natel Energy announced a $20m funding.
– The round led by Breakthrough Energy Ventures and supported by Chevron Technology Ventures.
– The company will use the funding to build momentum in the deployment of its flagship product, the Restoration Hydro Turbine (RHT), which enables cost-effective production of distributed reliable renewable energy, while supporting the health and climate resilience of watershed ecosystems.

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Artificial Intelligence Electronics Energy Energy Efficiency Facility Management Internet of Things North America Property Management Smart Building Software

75F Raises $28M in Funding

– 75F from San Francisco provides IoT, Cloud Computing and Machine Learning for data-driven, proactive building intelligence and controls for HVAC and lighting optimization.
– The company raised $28m in Series B funding.
Siemens AG led the round with participation from Bill Gates’ Breakthrough Energy, OGCI Climate Investments, and Wind Ventures.
– The new investment will be used to accelerate the company’s growth, expand operations and business reach.

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Analytics Energy Information Technology SaaS Software Western Europe

Energyworx Raises €5.1M in Funding

– Energyworx from Hoston, TX and Hoeten, The Netherlands provides a cloud-based EDM platform to help utility companies monetize their volumes of diverse data.
– Series A €5.1M funding was led by Eneco Ventures, the investment arm of Netherlands-based energy innovator, Eneco, with participation from current investors SET Ventures, ENGIE New Ventures and EDP Ventures.
– The company intends to use the funds to scale the platform and accelerate international growth.

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Energy North America Oil

SeekOps Announces Closing of $14M Series B Financing

– SeekOps has closed its Series B funding.
– The funding was led by Schlumberger with the support of existing investors Equinor Ventures and OGCI Climate Investments, and new investor Caterpillar Venture Capital.
– SeekOps provides best-in-class sensors and actionable analytics to support both traditional and renewable energy sectors in their decarbonization efforts.

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Energy Energy Storage Infrastructure South Asia

ION Energy Raises $3.6 Million with the Participation of Amazon’s Climate Pledge Fund

– ION Energy, an energy-tech startup building advanced electronics and software platforms for new energy enterprises, announced it has raised $3.6 million in Pre-Series A funding.
– The round was raised from Amazon’s Climate Pledge Fund and joined by Silicon Valley-based Climate Capital, early-stage investor YourNest Venture Capital, Riso Capital, Venture Catalysts, and other angel investors.
– The funds will be used to grow the ION team to 125+ (currently 70), invest in product development, and expand the software business in North America and Europe.
– As part of the round, Anup Menon, Head of Strategy & Emerging Technology at Bank of America will join ION’s Board of Directors.

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Artificial Intelligence Call Center Energy Financial Services Information Technology Machine Learning Natural Language Processing Software Speech Recognition Western Europe

Aveni Detect Raises £1.1M in Funding

– Aveni Detect from Edinburgh, Scotland, UK developed a speech analytics platform for financial services.
– The company raised £1.1m in funding.
– The round was led by TRICAPITAL Angel syndicate, supported by Scottish Enterprise’s Growth Investments, Old College Capital and Wallace Equity.
– The company intends to use the funds to launch an AI tool to help identify vulnerable customers, move beyond financial services into other regulated industries, whilst building a team to support its UK expansion.

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Construction Energy Industrial Information Technology Internet of Things Manufacturing Mining North America Oil and Gas Software

Triax Technologies Raises $12.5 Million Series A Funding Round to Expand Team, Scale Globally

– Triax technologies raised a Series A funding round of $12.5m.
– The round was led by McRock Capital, an institutional investor focused on industrial IoT.
– Triax will use the funding to grow the team and scale its solutions globally.
– Triax will immediately begin to expand its talented team with openings in several areas across the company.
– It is seeking team members with domain-specific technical skills, who would work well in a community-minded, fair and transparent culture.

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Agriculture Energy Logistics North America Renewable Energy Shipping Broker Trading Platform Waste Management

EnMass Energy Raises $2.15M in Funding

– EnMass Energy from Durham NC develops a digital procurement and operations platform for global waste-to-energy supply chains.
– The company raised $2.15M in funding.
– The round was led by Blue Bear Capital, with participation from Looking Glass Capital, and Climate Cloud.
– The new investment will be aimed at launching an online marketplace for waste to energy procurement.

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