Remarkable Ventures’ Post

Congratulations Neutreeno! Our #BusinessGrowth client Neutreeno has secured $5M Seed financing in a round led by Regeneration.VC  with a strong syndicate of strategic mission-aligned investors including Closed Loop Partners Remarkable Ventures Climate, Scania Group, Beacon Venture Capital, and Prequel Ventures. Full press release: https://lnkd.in/eKVUjg_J Neutreeno is developing a platform to help corporates and SMEs decarbonise. One of the best things about the functionality is that it can help companies reduce their #Scope3  emissions, which is one of the more difficult areas to address. Finance expert Stephanie Aldridge at Innovate UK Business Growth has helped Neutreeno with investment readiness preparation. The funding will enable Neutreeno to achieve even more commercial and environmental impacts. It will help accelerate their commercial growth, secure top talent and change the paradigm of Scope 3, going beyond simple accounting to democratised emissions reductions across millions of global suppliers. Spencer Brennan, Jobey Meacham, Jonathan Cullen #SupplyChain #Decarbonization #UniversityofCambridge #BusinessGrowth

💰 $6.9bn 💰 This is the amount that climate-focused venture capital funds have raised so far this year — far outstripping the $5.2bn raised for the whole of 2023 - Venture Capital Journal finds. TNW heavily attributes this growth in climate investment to Breakthrough Energy , one of our partners. Whether investment is being funnelled into R&D, infrastructure, or project development, this growth in climate-focused funds supports the rapid scaling of direct air capture — a critical carbon removal tool for meeting the world’s Net Zero climate targets. #climatetech #directaircapture #carbonremoval #climateinvestment

Bill Gates backed climate VC Breakthrough Energy Ventures raises $839 million for a new climate fund Bill Gates-backed Breakthrough Energy Ventures (BEV) raised $839 million towards its third flagship fund, BEV III, making it the largest climate fund raised this year. Founded in 2015 by Gates, #BEV has become a trailblazer in climate-focused venture capital, leveraging Gates' extensive connections in the climate sector to secure significant investments. Located in Kirkland, Washington, BEV launched its BEV III fund in July 2023, following the successful close of its second fund in 2021 at $1 billion. While the final target amount for the new fund remains undisclosed, this impressive capital raise underscores the increasing confidence of limited partners (LPs) in early-stage climate funds, despite a broader retreat from other #venture sectors. BEV’s approach to climate investing involves backing innovative startups with potential for substantial impact. Among its successful early bets are Boston Metal, valued at $860 million in 2023, Redwood Materials, with a valuation of $5.25 billion in 2023, and Pivot Bio, valued at $1.7 billion in 2021. These investments highlight BEV’s strategic foresight and its role in advancing groundbreaking climate technologies. The significant capital raised by BEV reflects the growing interest and urgency in addressing climate change through innovative solutions. This fund is set to drive the next wave of climate tech advancements, albeit with the challenges of long exit horizons and substantial capital requirements for scaling new technologies. The article on PitchBook in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://lnkd.in/d4h8zqKA  - Substack: https://lnkd.in/dzfGJzmW

🚀 Exciting news! Suma Capital has reached a significant milestone with the first close of SC Net Zero Ventures, raising €125 million. This fund is dedicated to investing in startups developing crucial technologies for decarbonization.   This initial close allows us to invest in mature companies to scale innovative technologies while expanding our funding towards a target of €150 million. With the support of private corporations, public institutions, and families, we will invest in projects in Europe and North America that promote low-carbon mobility, industry decarbonization, and renewable energies.   🌍 Repsol, our anchor investor, has contributed €50 million, reinforcing our joint commitment to advancing industry transformation towards climate neutrality by 2050. Through SC Net Zero Ventures, we continue to drive the entrepreneurial ecosystem and accelerate the industrial application of technologies.   🌱 This fund represents Suma Capital's third investment focus, alongside Growth Capital and Sustainable Infra, dedicated to supporting companies leading the ecological transition and the circular economy.   We are deeply grateful to all our investors for their support and commitment. Together, we are making a difference in the fight against climate change. #SustainableInvesting #Decarbonization #Innovation #SCNetZeroVentures

Explore why exits are the critical issue for climate solution investors and how shifts in focus may pave the way for successful venture capital strategies in clean energy. #VentureCapital #CleanEnergy #InvestmentTrends #SustainableExits

🌎 Climate tech #startups that raised capital last week 👇 With more than 50  deals logged on the Net0 platform last week, we recorded some significant deals. Here's a list of the top seven deals: ☀️United States, Boston-based Nexamp, developing utility-scale solar energy project, raised $520M in a Growth Equity round from Manulife Investment Management, Diamond Generating Corporation, and Generate Capital. 🚚 China, Hong Kong-based Windrose Technology Technologies, developing electric heavy-duty truck, raised $110M in a Series B round from HITE Hedge Asset Management LLC, and Goodman Group among others ☀️ Germany, Berlin-based zolar, providing homeowners with residential-scale solar systems, raised $108M in Debt financing, from BNP Paribas. 🧬 Japan, Tsuruoka-based Spiber Inc., a biotech company developing microbially-fermented Brewed Protein materials, raised $65.84M in a growth equity round. 🌐 United States, Washington-based Arcadia, provider of a utility data and community solar platform, raised $50M in a late VC round from Macquarie Asset Management, Energy Impact Partners, J.P. Morgan Asset Management, BoxGroup, G2 Venture Partners, Camber Creek, Triangle Peak Partners, and Broadscale Group. 🌿 United States, Californio-based Windfall Bio, developing a technology to transform methane from agricultural operations into organic soil nutrients, raised $28M in a Series A round from Prelude Ventures, Amazon’s Climate Pledge Fund, Global Brain Corporation, Incite Ventures, Positive Ventures, B37 Ventures, Breakthrough Energy Ventures and Mayfield Fund. 🔥 Germany, Munich-based Proxima Fusion, developing fusion power plants using quasi-isodynamic stellarators and high-temperature superconductors, raised $21M in a seed round from redalpine, Bayern Kapital, DTCF | DeepTech & Climate Fonds, Max Planck Institute for the Science of Light, HTGF | High-Tech Gründerfonds, Wilbe | Home for Scientist Leaders, UVC Partners and Tomorrow Fund. #climatetech #funding #startups #investment #venturecapital

🎊 Welcome to the family, Neutreeno! We are delighted to have them join us in the Canopy. Harnessing proprietary process networks and precision-driven optimisation algorithms, this technology eliminates emissions at source through principles of circularity and resource efficiency for top-tier customers. 💲 As the first investment of its second early-stage fund, Regeneration led the $5M #Seed financing with a strong syndicate of strategic mission-aligned investors including Closed Loop Partners, Remarkable Ventures, Scania Group, Beacon Venture Capital, and Prequel Ventures. This funding will allow the team of Cambridge scientists and engineers to secure top talent, accelerate commercial growth, and forever change the #Scope3 paradigm, with their #DeepTech platform poised to surpass simple accounting toward democratised emissions reduction insights for millions of global suppliers. Another incredible example of what the Cambridge Innovation Ecosystem can produce with the right networks and investment. Spencer Brennan, Jonathan Cullen, Jobey Meacham James Cole Zoë Loughlin Cambridge Institute for Sustainability Leadership (CISL) #SupplyChain #Decarbonization #UniversityofCambridge Read the full press release linked below ⬇ ⬇ ⬇ https://lnkd.in/daP2kUgb

Announcement: Cycle Capital and H2O Innovation are pleased to announce Quebec's first venture capital fund dedicated to innovative water-related technologies. Cycle H2O, a $30 million fund, is backed by a diverse group of investors. The Government of Quebec, through Investissement Québec, acted as the anchor investor, and was joined by Boann Social Impact, Greater Montreal Climate Fund, The Atmospheric Fund (TAF), a number of family offices, and private investors as limited partners. “Cycle Capital’s experience in the ClimateTech sector has shown us the transformative power of specialized venture funds to tackle some of the most pressing environmental challenges. With the Cycle H2O Fund, we are expanding our focus to include water, a sector ripe for disruption to tackle water scarcity. We look forward to collaborating with our partner H2O Innovation and seeing the impact this fund will have on the global water landscape,” said Andrée-Lise Méthot, Founder and Managing Partner at Cycle Capital.  Pic: Simon Olivier et Benoit Charette with Andrée-Lise Méthot Frederic Dugre, Pierre Fitzgibbon, Ministère de l'Environnement et de la Lutte contre les changements climatiques, Ministère de l’Économie, de l’Innovation et de l’Énergie du Québec (MEIE) For more information: https://lnkd.in/eYWbk8xq

Corporate venture capital (CVC) fundings offer not just financial support but also invaluable industry expertise and strategic partnerships. At First Impact Partners, we understand the unique advantages CVCs can bring to innovative startups tackling climate challenges. To help you navigate this landscape, we've curated a list of 17 leading Corporate Venture Capital firms actively investing in climate-focused ventures in UK and Europe: 1. XCarb ArcelorMittal 2. Shell Ventures 3. TotalEnergies Carbon Neutrality Ventures 4. ENGIE New Ventures 5. Barclays UK Ventures 6. BASF Ventures 7. BayWa r.e. Energy Ventures 8. bp Ventures 9. Cemex Ventures 10. Octopus Ventures 11. Siemens Energy Ventures 12. Syensqo 13. EDP Ventures 14. Eneco Ventures 15. Alliance Ventures 16. ABB Technology Ventures 17. Equinor Ventures From pioneering green technologies to accelerating market adoption, these CVCs are powerhouses of sustainable innovation. 🌍 Read more about leading climate VCs in our previous post. 🌍 Join our climate deeptech founder community here: https://lnkd.in/eHQ-f3pH #ClimateTech #DeepTech #ImpactInvesting #BlendedFinance #SustainableFinance #CorporateVentures

SET Ventures has closed its fourth fund at €200 million to back digital technologies which will facilitate the transition to a carbon-free energy system. Doubling the size of its previous fund, this new capital validates SET’s approach to investing in the evolving energy system that will be dominated by renewables. The company supports #businesses in Europe that prioritize digitalization and data analysis to expedite the assimilation of current renewable energy technology into mainstream markets. Rather than waiting for regulation to compel a change, the fourth fund will invest in entrepreneurs who develop ground-breaking business models that encourage businesses and consumers to adjust immediately. SET Ventures is one of the oldest venture capital firms investing in the clean energy space, having been established in 2007. The team argues that the physical technology required to combat climate change, such solar panels and electric vehicles, have already made their way into the market. Anton Arts, Wouter Jonk, Ellen Smeele Read more - https://lnkd.in/e6EBdsAC To share your startup story write us on - contact@startuprise.co.uk #Setventure #VentureCapital #news #fundraising #funding