This week’s funding breakdown from Climate Insider highlights significant investments across several key sectors in the climate and environmental space. Planeteers GmbH closed a seed funding round for carbon capture technology, while Helios raised $200 million for an Africa-focused climate fund. Breakthrough Energy Ventures, supported by Bill Gates, secured $839 million for its flagship climate fund. Applied Carbon, which focuses on automated biochar production for agricultural waste, raised $21.5 million in Series A funding. In the electric vehicle sector, Neuron Energy received approximately $2.3 million in Series A funding for EV batteries. The renewable finance sector saw a notable EUR 500 million syndicated green loan arranged by Iberdrola, ICO, Sabadell, and HSBC, and more:
- Planeteers GmbH successfully Closed seed funding round for Carbon Capture Technology. Read More
- Helios raised an initial $200 million for Africa-Focused Climate Fund. Read More
- Bill Gates-backed Breakthrough Energy Ventures has raised $839 million for its third flagship fund, making it the largest climate fund of the year, according to a regulatory filing. Read More
- Applied Carbon, a tech company creating automated biochar production machines for agricultural waste, announced raising $21.5 million in Series A funding. Read More
- EV battery manufacturer Neuron Energy has raised INR 20 Cr (approximately $2.3 Mn) in Series A funding from existing investors Chona Family Office and Capri Global Family Office. Read More
- Iberdrola, ICO, Sabadell and HSBC signed a EUR 500 million syndicated green loan with Cesce coverage. Read More
- Quantum computing firm Riverlane announced raising $75 million in Series C funding led by Planet First Partners, to address the growing global demand for quantum error correction (QEC) technology. Read More
- Lucid Group, Inc. announced agreements with its majority stockholder, Ayar Third Investment Company, to purchase $750 million of convertible preferred stock and provide a $750 million unsecured delayed draw term loan facility. Read More
- Quinbrook exceeds target for net zero power strategy, raising USD 3 billion in capital commitments. Read More