Moonshot Flanders’ Post

https://lnkd.in/dMNVM4Cj Woodinville-based cleantech startup Modern Hydrogen has secured $25 million in its recent funding round, propelling its goal to transform hydrogen production and cut down on carbon emissions. The funding, supported by existing and new investors, will fuel the company's expansion into new markets and the advancement of its pioneering technology. Having raised over $100 million so far and with endorsements from influential figures like Bill Gates, Modern Hydrogen is making waves with its inventive clean energy solutions.

Bill Gates’s Breakthrough Energy has awarded a $40 million grant to Deep Sky, a Canadian startup developing the "Alpha" testing ground in Alberta to accelerate the deployment of direct air capture technologies. 👋 The facility, set to launch next spring, will host up to eight companies, including Airhive and Mission Zero, to refine their carbon removal systems. Deep Sky is simultaneously advancing multiple development stages to speed up commercial-scale deployment. 🗣️ Deep Sky CEO Damien Steel highlighted the project’s sense of urgency: “We don’t have the time. The reason [steps are] done in a sequential order is because nobody ever wants to take on any risk,” he said. Deep Sky is pursuing multiple development processes simultaneously to accelerate progress. https://lnkd.in/e64eRpXj #Carbon #ClimateInsider #BillGates #StartUp

Finnish climatetech company secures €44M to scale low-carbon hydrogen technology Kokkola-based Hycamite has secured €44 million in Series A funding to scale its methane-splitting technology, which generates low-carbon hydrogen and solid carbon for industrial use. The funding, completed in two stages, will enable the launch of an industrial-scale demonstration unit in Kokkola, Finland. The investment round was led by Sojitz Corporation, with contributions from existing backers Holdix Oy, Turret Oy, and Stephen Industries Oy, as well as new investors OMV Petrom and MOL PLUS. Hycamite’s technology, based on thermo-catalytic decomposition, uses significantly less energy than traditional hydrogen production methods and produces carbon suitable for applications like batteries and filtration systems. The funds will primarily be used to transition the technology to industrial scale and explore commercial applications. https://lnkd.in/dwerGEdP #nordicmade #finland #funding #startups #climatetech #cleantech #hydrogen #startups #trending

Woodinville-based cleantech startup Modern Hydrogen has raised $25 million in its latest funding round, further advancing its mission to revolutionize hydrogen production and reduce carbon emissions. Supported by both existing and new investors, this funding is expected to accelerate the company’s efforts to expand into new markets and enhance its groundbreaking technology. With over $100 million raised to date and backing from prominent figures like Bill Gates, Modern Hydrogen is garnering significant attention for its innovative approach to clean energy.

Congratulations to not one, not two…but three Third Derivative startups for their selection to Forbes 30 Under 30! 🎉 https://lnkd.in/eaqJPw58 ⚡ Oxylus Energy (Energy & Green Tech), founded by Perry Bakas, Harrison Meyer, and Conor Rooney, uses electrolysis to convert carbon dioxide into green methanol which can be a "drop-in" added to existing supplies and decarbonize hard-to-abate sectors. 🔋NeoCharge (Transportation & Mobility), founded by Spencer H. and Akhil Veluru, enables more efficient home EV charging through a Smart Splitter, their plug-and-play device that allows users to share existing electrical outlets and manage the power load more easily. ☀️ Heliotrope Photonics (Manufacturing & Industry), founded by Minh Tran, makes a coating that helps increase solar panel generation by up to 15% by converting ultraviolet light to infrared light, which is better absorbed by solar panels. Join us in congratulating these promising startups! Explore our entire portfolio at https://lnkd.in/eYJizmne

Woodinville-based cleantech startup Modern Hydrogen has raised $25 million in its latest funding round, further advancing its mission to revolutionize hydrogen production and reduce carbon emissions. Supported by both existing and new investors, this funding is expected to accelerate the company’s efforts to expand into new markets and enhance its groundbreaking technology. With over $100 million raised to date and backing from prominent figures like Bill Gates, Modern Hydrogen is garnering significant attention for its innovative approach to clean energy.

Could the answer to the tricky issue of energy storage be hiding on the ocean floor? Technion - Israel Institute of Technology alum-led startup BaroMar thinks so. The company’s simple, low-tech solution might make it possible to contain renewable energy gathered from natural sources in a unique spot: Under the sea. 🌊 Read more about this impressive innovation: https://lnkd.in/e4Jvhvxk

🍉 Major funding news for Amsterdam-based startup Watermeln, who have secured over €3.5 million euros to develop new hydrogen generators and storage solutions ⚡ But what do Watermeln do? The Dutch startup specialise in developing and renting out hydrogen cell generators providing energy solutions for locations with limited grid connectivity such as festivals. 🔌 Where is the investment going? Well, Watermeln will use the investment to increase their hydrogen fleet from 3 to 13 units as well as designing new products to appeal to a broader audience. 🌍 Watermeln joins an already thriving ecosystem of energy start-ups in Amsterdam focused on making the world a greener place – such as Brineworks who work with ocean-based CO2 removal through electrochemistry and Spectral who develop smart energy solutions. 🔗 Get the full scoop here: https://lnkd.in/gdEBggSM #GreenHydrogen #SustainableEnergyAMS#EnergySolutionsAMS #HydrogenAMS

Last year, GCxN welcomed our sixth cohort, bringing our portfolio to 23 #cleantech #startups across varying technology stages and sectors like #powergeneration, #transportation, and #advancedmaterials. ⚡️ With support from Shell and the National Renewable Energy Laboratory, our portfolio companies have made significant strides in their paths to commercialization over the last year. By accelerating their time to market, GCxN helps to minimize the risks associated with commercializing next-generation #cleantechnology that can dramatically alter the future energy landscape. Read the 2023 Year in Review to learn more about our portfolio: https://bit.ly/GCxN2023YIR

🌍 𝘿𝙚𝙚𝙥 𝙎𝙠𝙮 𝙨𝙚𝙘𝙪𝙧𝙚𝙨 $40𝙈 𝙐𝙎𝘿 𝙜𝙧𝙖𝙣𝙩 𝙛𝙧𝙤𝙢 𝘽𝙧𝙚𝙖𝙠𝙩𝙝𝙧𝙤𝙪𝙜𝙝 𝙀𝙣𝙚𝙧𝙜𝙮 𝘾𝙖𝙩𝙖𝙡𝙮𝙨𝙩 Montréal-based carbon-capture startup Deep Sky has received a $40-million USD ($57.3M CAD) grant from Breakthrough Energy Catalyst, a program founded by Bill Gates. The funding will support the construction of its first direct air capture (DAC) facility in Innisfail, Alberta, set to capture thousands of tons of CO2 annually. With this investment, Deep Sky aims to scale carbon removals by 2025 and further develop its innovative technologies. 𝘙𝘦𝘢𝘥 𝘵𝘩𝘦 𝘧𝘶𝘭𝘭 𝘢𝘳𝘵𝘪𝘤𝘭𝘦 𝘰𝘯 𝘉𝘦𝘵𝘢𝘒𝘪𝘵 𝘣𝘦𝘭𝘰𝘸. What are your thoughts on the potential impact of carbon-capture initiatives like this? Let us know in the comments below! #Tech #TechNews #ClimateTech #Sustainability #Canada #CanadaTech #CanadianTech #CanadaNews