Xplor Ventures’ Post

NitroVolt Secures Funding To Further Scale Its Technology Danish startup NitroVolt has announced a significant pre-seed investment of €750,000 from Swedish venture capital firm BackingMinds. This investment aims to support the development and scaling of NitroVolt’s “Nitrolyzer” unit, a groundbreaking technology designed to produce ammonia in a more environmentally friendly manner. Suzanne Zamany Andersen, CEO & Co-founder of NitroVolt, emphasized the transformative potential of their technology: “Our technology makes it possible to produce ammonia locally and puts the end user in control of the production. This means that the production becomes resilient to supply chain volatility and green simultaneously – something that doesn’t exist on the market today.” Mattia Saccoccio, CTO & Co-founder, shared their ambitious goals for scaling the technology: “With the new funding, we’re moving out of the university and hiring the competencies we need to scale our technology. During 2024, we expect to increase our green ammonia output production by a factor of 1,000!” Read more here -> https://lnkd.in/gfX3By5v #igrownews #nitrovolt

Air Liquide chose Distran Ultrasound cameras to protect their hydrogen refueling stations and their filling centers: With a single detector, a large area can be monitored for leaks. If a leak occurs, the detection is extremely fast, as the gas do not need to come in contact with the detector, but only the sound of the leak (which means within milliseconds). The essence of Distran technology is to pick the right sound even in noisy environment, and trigger an alert. Hydrogen allows to store an energy, that can be produced by low carbon energy sources. Yet, it is a highly flammable molecule, thus dangerous. PS: infrared based technology do not work with hydrogen.

Safety is a top priority for Air Liquide, and while we strive to improve safety in all our operations, we also look for new technologies in wider ecosystems. That's why we are working with innovative #startups! For instance, through ALIAD Venture Capital by Air Liquide, we collaborate with the startup Distran, focused on boosting safety standards in #hydrogen mobility. This partnership has been particularly fruitful: ✅ DISTRAN develops cutting-edge ultrasonic imaging cameras, allowing more effective monitoring and detection of potential gas leaks. In 2023, ALIAD took a minority participation in this start-up to support the company’s growth. ✅ In 2023, the start-up developed a new version of its "SonicView Pro" technology, specifically adapted to Air Liquide's needs, in close collaboration with experts from the Group. ✅ After having successfully demonstrated their performance and reliability, these #cameras can now be used in heavy-duty hydrogen refueling stations and filling centers designed by Air Liquide advanced Technologies. By supporting innovative start-ups, we create a win-win relationship with technological, strategic and financial opportunities for both start-ups and Air Liquide! 🎯

🎯 Our mission? To support #startups and bring their innovation to Air Liquide! Success story: by supporting Distran, we helped them partner with Air Liquide teams to enhance the safety of the Group's operations 🦺 Check out this success story 👇

🌱 Cleantech Startup Kazam to Raise $5 Mn from Vertex Ventures. Kazam, a cleantech startup focused on electric vehicle (EV) charging solutions, is set to raise $5 million from Vertex Ventures. This funding will bolster Kazam's mission to accelerate the adoption of clean energy by expanding its EV infrastructure. 🔋 Key Highlights: - Funding Amount: $5 million to be raised from Vertex Ventures. - Focus Area: Development and expansion of EV charging solutions. 🚀 Strategic Goals: - Infrastructure Growth: The funds will be used to scale up Kazam’s EV charging network, enhancing accessibility for electric vehicle owners. - Innovation in Cleantech: Kazam aims to invest in new technologies and services to strengthen its position in the cleantech ecosystem. This investment underscores the increasing momentum in the cleantech sector, particularly in the development of sustainable transportation infrastructure. Kazam #Cleantech #Kazam #EVCharging #VertexVentures #SustainableEnergy #StartupNews #BusinessUpdates #Microshots

🚀Deeptech startup Dynelectro continues positioning itself as pioneers on the Power-to-X front, and PSV DeepTech is excited to being part of their journey🌍   This summer, Dynelectro secured €11M from top-tier investors, including PSV DeepTech, EIFO, The Footprint Firm, Yara Growth Ventures, Vsquared Ventures and European Innovation Council and SMEs Executive Agency (EISMEA)🌟   As covered by Bootstrapping.dk, their groundbreaking SOE electrolysis technology converts surplus renewable energy into clean hydrogen with up to 90% efficiency 💡⚡ Their tech not only boosts efficiency but also extends the lifespan of critical components, unlocking the full potential of Power-to-X.    Founded by Søren Højgaard Jensen and led by CEO Sune Lilbaek, Dynelectro is fast-tracking the transition to a decarbonized energy system! 🌱   #PSV #PSVDeepTech #PSVventurehouse #Venturehouse #GreenHydrogen #EnergyTransition #Innovation #PowerToX #Sustainability #VC #Venturecapital   https://lnkd.in/dFXW3xAi

🔴 BREAKING NEWS Shell Ventures and Eni Next drive Mantel's USD$30 million Series A funding, alongside investors such as Engine Ventures, New Climate Ventures, Hartree Partners, bp Ventures, Arosa, Vale Ventures, Newlab, MCJ Collective, and others. Mantel, a carbon capture startup, specializes in using molten borates to capture CO2 at industrial sites. Its carbon capture technology reduces costs by over 2/4’s compared to conventional methods. Funds will be used to establish a pilot initiative at an industrial site and more. Jermaine Saaltink Ben Letter Dan Connell Roman Kiwakyou Liam Reardon Bruno Arcadier Hector MacQuarrie Kelsey Shakin Sanil Khatri #CarbonDioxideRemovalTechnologies #CDRTechnologies

Cool Planet Technologies Secures €23.7 Million to Expand Low-Cost Carbon Capture Deployment Cool Planet Technologies, a pioneer in carbon capture innovation, has recently clinched €23.7 million in Series A2 funding, highlighting the surging demand for effective and economical carbon emission reduction solutions. Led by Taranis and supported by industry heavyweights such as CRH Ventures and BlueScopeX, alongside returning investors Eni , NEVA SGR, and Audacy Ventures this funding round propels Cool Planet towards rapid commercialization of its revolutionary, energy-efficient carbon capture technology. https://lnkd.in/ebEduQth #CoolPlanetTechnologies #CarbonCaptureInnovation #StartupUK #SeriesA2Funding #EconomicCarbonEmission #ClimateChangeSolution #GreenTechnology #InnovativeStartups #SustainableFuture #ClimateActionNow #UK #Startup #Startups #StartupFunding #SeriesA2funding #TaranisCarbonVentures #CRHVentures #BlueScopeX #EniNext #NEVASGR #AudacyVentures

IMI Venture Studio is on the look out for aspiring #founders to join us to build a new ventures in the clean energy space. The IMI Venture Studio’s mandate is to help co-build new ventures with founders and offer the first funding while allowing the founders to run their business independently. Our mission is to merge the best of both worlds: startup innovation combined with IMI’s capabilities in solving complex engineering problems for markets with long-term, sustainable growth. As a global specialist company that creates breakthrough engineering solutions, IMI is pioneering new projects in the clean energy space. We are building the hydrogen economy of tomorrow both through new products and capabilities (such as our customisable IMI VIVO Proton Exchange Membrane (PEM) electrolysers), as well as building new ventures to accelerate green hydrogen adoption. We're now expanding our scope to include waste-to-energy solutions and industrial heat management. If you're a founder keen in these topics and would like to build your next venture with us, reach out to Michelle Woo from the IMI Venture Studio team. #imiventures #imiventurestudio #cleanenergy #climatetech #venturebuilding #newventures #startup #entrepreneurs #funding #industrialheat #renewables #energy #corporateventure Marco Placidi | Michelle Woo | Feature article: e27 (Optimatic)

#U.A.E. and #Oman-based climate tech startup 44.01 has secured $37 million in a Series A funding round co-led by Equinor Ventures and Shorooq Partners. Founded in 2020 by Karan Khimji, Talal Hasan, and Ehab Tasfai, 44.01 eliminates carbon dioxide (CO2) emissions by converting it into rock through a process known as CO2 mineralization. #CO2_mineralization is the process by which carbon dioxide (CO2) becomes a solid mineral. It is a chemical reaction that happens when certain rocks are exposed to carbon dioxide. The new funding will be used to refine the technology, develop commercial-scale projects, and expand international deployment. Check the full story on Forbes Middle East #startups #Forbes #funding #climate_tech #investment #Forbesmiddleeas.