Welcome to Climate Tech Pulse, your daily source of market intelligence for businesses and investors navigating the rapidly evolving landscape of climate tech solutions. From groundbreaking investments to breakthrough innovations cutting-edge, we’re bringing you the top stories on climate tech that are shaping collective futures.
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Today’s Highlights:
🔝Top Story: €4.3B Raised as EIT InnoEnergy Drives Europe’s Cleantech Revolution with Bold Investments and Workforce Upskilling.
💲Investment: VoltUp raised $8M for e-mobility, Gridio secured €2.4M for EV charging, and Waterloo’s Climate Institute got $1.2M for climate adaptation.
🔬 Innovation: KAUST researchers developed a machine learning tool to identify energy-efficient, cost-effective chemical separation technologies.
🔄 Integration: Saskatchewan plans to extend coal-fired power plants, prioritizing affordability and reliability, despite criticism of potential environmental backlash.
💡 Intelligence: What We Think Will Happen in Terms of Sectors in Climate Tech in 2025.
€4.3B Raised as EIT InnoEnergy Drives Europe’s Cleantech Revolution with Bold Investments and Workforce Upskilling
€4.3 Billion Raised for Cleantech Innovation
EIT InnoEnergy secured €4.3 billion across 56 funding rounds in 2024, demonstrating its leadership in advancing sustainable energy solutions. This funding supports innovative technologies like wave energy, green steel, and battery storage, ensuring progress toward Europe’s net-zero goals despite global economic challenges. Co-Founder Elena Bou highlighted the urgency of scaling cleantech investments, emphasizing the need to meet ambitious climate targets.
Expanding Portfolio and Strategic Investments
InnoEnergy added 14 cleantech start-ups to its portfolio, including Geolinks (€1.5M investment in carbon capture monitoring) and Repono, aiming for 100 GWh of energy storage by 2030. These ventures focus on tackling hard-to-abate sectors, reinforcing Europe’s green energy grid, and accelerating the energy transition. Partnerships with key shareholders like OMV and ACB Participates further strengthened InnoEnergy’s financial and strategic backing.
Upskilling the Clean Energy Workforce
Addressing the growing demand for skilled professionals, the Skills Institute trained over 100,000 individuals in the battery and solar sectors. Initiatives like the rebranded InnoEnergy Masters+ program have produced over 2,000 graduates, with many contributing directly to InnoEnergy ventures. These efforts ensure a robust talent pipeline to support the rapid scaling of clean energy innovations. Read More
Investment Highlights of the Day
- VoltUp raised $8M, totaling $18M, to advance electric mobility with rapid battery-swapping for two- and three-wheelers. Read More
- Gridio raised €2.4M to expand its smart EV charging platform across Europe, optimizing energy use and supporting grid resilience. Read More
- The University of Waterloo’s Climate Institute secured $1.2M to integrate climate adaptation into professional degrees and develop tools for resilient supply chains. Read More
Innovation Highlights of the Day
KAUST researchers developed a machine learning tool using 10,000 nanofiltration measurements to identify energy-efficient and cost-effective chemical separation technologies. Read More
Integration Highlights of the Day
Saskatchewan plans to extend coal-fired power plants, prioritizing affordability and reliability, despite criticism of potential environmental backlash. Read More
Climate Insider Intelligence: What We Think Will Happen in Terms of Sectors in Climate Tech in 2025
The climate battle has never been more challenging, but there’s no turning back. As the world grapples with setbacks, the rise of climate tech offers a beacon of hope. From AI innovations accelerating climate solutions to breakthroughs in geothermal energy and carbon valorization, the momentum is undeniable. Industries long considered “dirty,” such as cement and steel, are now fertile ground for transformative startups, while cradle-to-grave battery solutions and biodiversity-focused innovations promise a sustainable future.Explore the key sectors ready to lead the charge in 2025—and discover why we remain optimistic about the power of technology, entrepreneurship, and human ingenuity to tackle the climate crisis head-on. Read More
