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.
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.
44.01 secures $5M to turn billions of tons of carbon dioxide to stone
– 44.01, a startup, raised $5m in seed funding.
– Apollo Projects, a early-stage investment fund from Max and Sam Altman, led the round and Breakthrough Energy Ventures participated.
– The startup plans to mineralize CO2 using vast deposits of precursor materials.
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.
Svante Receives $25 Million From Government of Canada for Carbon Capture
– The Government of Canada made a CDN$25 million investment to support the industrialization and commercialization of Svante’s novel low-cost carbon capture technology within the North American market.
– Carbon capture is a technology that can recover up to 95% of the carbon dioxide (CO2) emissions produced from the use of fossil fuels in electricity generation and industrial processes, preventing the carbon dioxide from entering the atmosphere.
Recyclops Raises $3M Seed Round To Bring Recycling Where It Doesn’t Exist
– Recyclops, a technology-enabled sustainability and recycling startup, has just closed a $3m seed round investment led by Lerer Hippeau and Glad, a member of The Clorox Company, to further develop the startup’s proprietary technology and its expansion to 20 additional states, or over 100,0000 households currently without recycling options.
– The company, which launched in 2014, currently serves more than 10,000 households in nearly 100 cities across 10 states, and employs approximately 200 independent contractors across the country.
– In 2020 alone, Recyclops diverted more than 3 million pounds of recyclables from the landfill and is on a mission to grow that by bringing recycling to areas where it doesn’t currently exist, as well as addressing other challenging sustainability issues.
Sweep Raises $5M in Funding
– Sweep, a Paris, France-based platform that allows companies to mobilize their employees and external partners to reach carbon reduction targets, closed a $5M funding round.
– The round was led by New Wave, 2050 and La Famiglia with participation from San Francisco-based technology entrepreneurs.
– The company intends to use the funds to expand operations and its development efforts.
