#Clean Energy

Fusion's Dawn: Powering AI's Insatiable Thirst

Torus Secures $200M for Modular Power Plant Deployment

Otovo USA Secures +$4M for AI Home Energy Platform Launch

Otovo USA launched with over $4 million in initial funding, led by EIC Rose Rock. The company introduces an AI-driven home energy service for American homeowners. This platform aims to simplify power management by integrating retail, service, and trading into one system.

Green Bunkers Secures €5M for Maritime Decarbonization Platform

Green Bunkers, a new Madrid-based startup, secured €5 million in initial investment from its parent company, Baghdadi Capital. This funding will support technological development for its maritime decarbonization platform. It also enables new office openings and broader global expansion.

Commonwealth Fusion Systems Secures $863M for Fusion Energy

Commonwealth Fusion Systems (CFS) secured $863 million in Series B2 funding. Prominent investors included Nvidia, Google, and Breakthrough Energy Ventures. This capital will advance its Sparc prototype reactor and commercial fusion energy development.

Oklo Positioned to Power AI's Insatiable Demand

General Fusion Secures $22M for Fusion Energy Development

Canadian nuclear fusion energy startup General Fusion secured $22 million in new funding. Existing investors, including Penderfund and Segra Capital Management, participated in the round. The capital will support ongoing research and development of its magnetized target fusion technology.

Swedish Aira Secures €150M for European Heating Electrification

Swedish clean energy-tech company Aira has secured €150 million in equity financing. Existing investors Altor, Kallskär, Kinnevik, Lingotto, and Temasek provided the capital. This funding will accelerate the electrification of residential heating across Europe.

Tulum Energy Secures €22.9M for Low-Carbon Hydrogen Production

Rivan Secures £10 Million to Scale Solar-Powered Synthetic Fuel Production

Startup Funding Rounds of December 10, 2024

<p>Nostromo Energy has received a conditional loan guarantee of up to $305.5 million from the US Department of Energy to deploy IceBrick® systems in 193 commercial buildings across California.</p>

Startup Funding Rounds of December 9, 2024

<p>Dutch startup Citryll has secured €85 million in a Series B funding round, co-led by Johnson & Johnson Innovation, Forbion, and Novartis Venture Fund.</p><p>The funds will support the clinical development of CIT-013, a first-in-class antibody targeting Neutrophil Extracellular Traps (NETs), addressing severe inflammatory diseases.</p><p>This funding round also sees new board appointments from leading investors, enhancing Citryll's mission to provide innovative treatment options.</p>