WeMaintain Raises €30M in Series B Funding
– WeMaintain, a Paris, France- and Singapore-based PropTech company, raised $36m in Series B funding.
– The round was led by Red River West, BPI France Digital Ventures, and Swiss Immo Lab.
– The new investment will be used to accelerate the company’s international expansion and extend proprietary technology across the built environment.
Tau Closes €10.25M in Series A Funding
– Tau is a tech and sustainable manufacturing company that develops high-performance wire combining minimized partial discharge, high filling factors, temperature resistance, high-voltage and frequency optimization to enable global producers of electric motors, cars, buses, trucks and aircraft to double the power output of future traction motors while keeping their size.
– The company raised €10.25m in Series A funding.
– Finindus and German specialty chemicals company Altana participated in the round.
– The new investment will be used to expand operations and development efforts.
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.
Rocket startup Gilmour Space raises $46M Series C to take its small launch vehicle to orbit
– Gilmour Space Technologies, an Australian rocket launch startup, raised $61m funding.
– The round was led by Fine Structure Ventures and included contributions from Blackbird and Main Sequence, and Australian pension funds HESTA, Hostplus and NGS Super.
– The company plans to use the funds to nearly double its workforce, from 70 to 120 employees, and develop a new commercial spaceport at Abbot Point, Queensland.
– Gilmour Space has already signed agreements with prospective customers for future Eris launches.
Aeroseal Raises $22M in Series A Funding
– Aeroseal, LLC from Dayton develops technologies to seal ducts and walls.
– Company raised $22m in Series A funding.
– The round was led by Breakthrough Energy Ventures with participation from Energy Impact Partners and Building Ventures.
– The new investment will be used to scale the company’s R&D, marketing team, and increase support of its dealer network.
Former SpaceX employees raise $3M to build battery systems for fast-charging EV stations
– Electric Era, a Seattle startup that is designing and building battery systems for electric vehicle charging stations, has raised a $3m.
– The seed round was led by REMUS Capital and joined by other investors.
– The company plans to deploy its first units to customers in coming months.
Boston Materials Closes $8 Million Series A Funding to Unlock High-Performance and Sustainable Carbon Fiber as America Invests in Green Infrastructure
– Boston Materials, the manufacturer of advanced lightweight materials that deliver increased performance and circular solutions using Z-axis Carbon Fiber technology, announced today the closing of an $8m financing led by AccelR8 and Valo Ventures.
– Clean Energy Ventures, a previous backer, also participated in the round.
– The funding accelerates the expansion of the company’s Z-Axis Carbon Fiber technology into new electric vehicles, aerospace, and consumer electronics that are higher performing, lighter, and environmentally sustainable.
Xwing Raises $40M at $400M Valuation
– Xwing, a San Francisco, CA-based automation company for aviation, raised $40m in funding at a $400m valuation.
– The round was led by Blackhorn Ventures, with participation from ACME Capital, Loup Ventures, R7 Partners, Eniac Ventures, Alven Capital and Array Ventures.
– The new investment will be used to scale the company’s innovation and team.
Fortify Raises $20M in Series B Funding
– Fortify is a Boston, MA-based additive manufacturing startup.
– The company closed $20M equity funding round.
– The round was led by Cota Capital with participation from Accel Partners, Neotribe Ventures, and Prelude Ventures.
– The new investment will be used to accelerate team growth, expansion in application spaces, and transition to volume manufacturing of the Flux Series 3D printers.
Mantis Innovation Group, LLC Continues Service Line Expansion with Investment in Fairbanks Energy Services, Inc.
– Mantis Innovation Group, LLC Continues Service Line Expansion with Investment in Fairbanks Energy Services, Inc.
– O2 Investment Partners, LLC is pleased to announce that through Mantis Innovation Group, LLC it has made an investment in and partnered with Fairbanks Energy Services, Inc. and its leadership team to enhance both companies’ service offerings focused on improving facility performance and energy efficiency, reducing costs, and implementing and monitoring ESG initiatives.
– Mantis Innovation Group, LLC is an industry leader in providing energy-efficient solutions for clients across commercial, industrial, data center, education, and healthcare verticals.
– Fairbanks Energy Services is an industry leader in providing nationwide energy efficiency solutions for clients across commercial, industrial, data center, education, and healthcare verticals.
