Day: Cleantech
Deals
Phelas raises €4.1 million in seed round
The Munich-based startup Phelas is developing an energy storage system that uses liquefied air. Investors include E44 Ventures, Axon Partners Group, Deutsche…
Deals
42watt expands seed round again
The Munich-based cleantech startup 42watt is expanding its already oversubscribed seed financing by a further mid-single-digit million amount.
Good to know
700 billion euros per year: Investment gap threatens Climatetech
According to a recent study, the climatetech industry is expected to reach a sales volume of 600 billion euros by 2030. However, Europe is lagging behind…
Deals
42watt receives million-dollar seed funding
The Munich-based climate tech startup 42watt has successfully completed a mid-single-digit million seed round. The lead investor is Contrarian Ventures, one of the leading…
Needs Review
CleanTech startup Efficient Energy is insolvent
Despite well-known investors and customers, refrigeration manufacturer Efficient Energy has filed for bankruptcy. New investors or a sale could save the company…
Deals
Ecoplanet secures €2.6 million in seed round
Ecoplanet has closed its seed round with €2.6 million. HV Capital is leading the financing of the B2B energy platform, with several angel investors participating…
Inside Stories
42watt: “We want to make climate neutrality the standard in existing properties”
42watt supports property owners with energy-efficient renovations through an online platform. Founded in 2021, the startup's name derives from its…
Deals
Cleantech startup 42watt secures million-dollar investment
42watt closes its pre-seed round with a single-digit million amount. The Munich-based cleantech startup supports energy-efficient renovations of real estate.
Needs Review
Bill Gates supports Electrochaea's Cleantech Scaleup Coalition
Together with seven other European cleantech scaleups, Munich-based Electrochaea has forged a new coalition to make Europe climate-neutral, energy-autonomous, and…
Deals
Electrochaea raises 36 million euros in Series D
The European Innovation Council Fund (EIC Fund) is investing €14.9 million in Electrochaea. The investment completes the…
Inside Stories
Electrochaea: Climate-friendly gas from bioreactors
Energy storage is a key challenge in the use of renewable energies: electricity and heat must be available during peak times, even when the sun…
Deals
Wisefood secures million-dollar investment
Wisefood produces environmentally friendly alternatives to disposable plastic tableware. In its current financing round, the Munich-based company raised a seven-figure sum, including from…
