EUROPE
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OpenAirlines secures €45m imvestment to accelerate aviation industry’s ecological transition
OpenAirlines, a global provider of eco-flying software solutions, has announced a new milestone in its growth trajectory after raising €45 million from Eiffel Investment Group, leading the operation through its Eiffel Essentiel fund, with the backing of Mirova, a Natixis Investment Managers affiliate dedicated to sustainable investments. Both funds are leading the way in Europe’s energy transition. These two players…
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UK startup Naturbeads secures £7.8m funding to address worldwide microplastic pollution
UK startup Naturbeads has secured £7.8 million Series A funding round to further develop its pioneering technology that addresses worldwide microplastic pollution. Eos Advisory led the round alongside existing investor Progress Tech Transfer, and new investors CDP Venture Capital through its Corporate Partners I Fund, PI-NB, and Paragon Capital Management in Singapore through its early-stage VC fund, Paragon Ventures I.…
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UK foodtech startup Clean Food Group secures £2.5m funding to accelerate commercialization of its sustainable oils and fats technology
UK-based foodtech startup Clean Food Group, has announced a further £2.5 million in funding from Clean Growth Fund, a climate-specific UK venture capital fund, providing UK cleantech entrepreneurs with the expertise and capital they need to reduce carbon emissions and tackle the climate crisis. The funding will be used to accelerate the commercialization of Clean Food Group’s sustainable oils and…
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Hamburg-based Novocarbo raises €25m funding to catalyze Europe’s net zero infrastructure
Hamburg-based startup Novocarbo, has secured €25 million in growth funding to establish a pan-European infrastructure network of its net-zero solution. The investment, made by SWEN Capital Partners (SWEN CP), marks one of the largest CDR-investments in Europe within the last year. With the new financing through the SWEN Impact Fund for Transition 2 fund, Novocarbo will further expand its network…
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UK-based startup WASE secures £8.5m to scale waste-to-energy technology
WASE, a UK-based startup that is unlocking the power of waste to make it the fuel for the future, announced it has secured £8.5 million funding round. The round was led by Extantia Capital, with participation from Hitachi Ventures, WEPA Ventures, the family venture capital firm of the European multigenerational family business WEPA, and Engie New Ventures, the CVC arm of the global energy…
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Wastewater recycling company Membion receives €5m investment to accelerate growth
Membion GmbH, the Aachen-based developer and producer of membrane bioreactor (MBR) modules for wastewater treatment, has received an investment of €5 million led by TechVision Fonds (TVF) and DeepTech & Climate Fonds (DTCF). With the multi-patented technology, municipal and industrial wastewater treatment plant operators can meet the growing demands on water quality and significantly reduce operating costs. Membion will use the…
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CarbonPool closes $12m to underwrite the carbon credit markets
CarbonPool, the world’s first insurance company with a carbon credit balance sheet, has closed a $12 million funding round to underwrite the carbon credit markets. Founded by former Allianz executives Coenraad Vrolijk, Nandini Wilcke and Frederic Olbert, CarbonPool aims to accelerate investment in carbon credits, which are crucial to achieving net zero, by providing carbon credit insurance with claims payments…
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