Sifted’s Post

Mojave Energy Systems, Inc., founded to change the nature of air conditioning, has raised $9.5 million in Series A funding. The Series A round was led by existing investors Fifth Wall and At One Ventures, with participation from returning investors Myriad Venture Partners, Starshot Capital, Alumni Ventures Group, and new investor Earth Venture Capital. The new capital will be used to accelerate the adoption of Mojave’s groundbreaking Dedicated Outdoor Air System (DOAS) solution, ArctiDry, which sets new a new standard for energy efficiency, and began shipping earlier this year. The funding will support the company’s sales and marketing expansion, new ArctiDry product launches, electrochemical regeneration research, and the completion of its Department of Energy manufacturing scale-up efforts. This latest round brings Mojave’s total funding to $25.6 million. To share your startup story write us on - contact@startuprise.io #Startup #Funding

👀 We are being watched: Planet A Ventures just nominated Luxera Energy for Sifted's 16 hottest energy software startups to watch In a recent analysis of the European #ClimateTech space, Sifted asked five investors for the energy software ventures they're watching. We're honored to find ourselves next to industry pioneers like Axle and Trawa ⚡ Huge shoutout to our partners, our amazing team and Nick de la Forge for thinking of us 😉 Curious to find out who else made the cut? Check out the full article here: https://lnkd.in/eqZ7PQEm   #BESS #batteries #startups #energytech #climate

British Columbia-based cleantech startup Moment Energy has secured $21.5 million CAD ($15 million USD) in a Series A funding round, as it accelerates plans to establish a gigafactory in Texas dedicated to producing battery energy storage systems from repurposed EV batteries. The round was co-led by the Amazon Climate Pledge Fund and Voyager Ventures, with participation from investors including IQT (In-Q-Tel), Overture Ventures, WovenEarth Ventures, Fika Ventures, MCJ Collective, One Small Planet, Climate Capital, and returning backer Version One Ventures, which also led Moment’s seed round in 2021. 𝗥𝗘𝗔𝗗 𝗧𝗛𝗘 𝗗𝗘𝗧𝗔𝗜𝗟𝗦 👉 https://lnkd.in/duZ5tErQ Afraj Gill Shomik Dutta Myles Shedden Edward Chiang James Inge Lance Chen Sumreen Rattan Brandon Hong Gabriel Soares Mohammad Akbarzadeh Mehran Amigh Khushi Chawla Anthony Zhou Miguel Adolfo Reséndiz Jiménez Chris Benson Basel Kasem Gunreet Kaur Gurmesh S. Grayson Halliday Cindy Ho #startups #energy #founders #fundingnews #venturecapital #privateequity #cleantech

Interesting exchange between Form Ventures (Andrew Bennet) and Greg Jackson of Octopus Energy on how to break into regulated energy markets as a scale-up. While relentless customer focus is key, startups need to invest early into selected, strategic policy initiatives and building relationships with regulators. At the same time, expect the (often rich and settled) incumbents to fight back with all they have. #energy #regulation #powermarkets #startup #policy. #cleantech Recommended reading - full article here: https://lnkd.in/eNPBAqcG P.S. At Cleantech Bridge GmbH , we help to nagivate the funding side of driving cleantech innovation in established energy markets.

enSights, an AI-powered, cloud-based clean energy optimization and management platform company, completed a $10 million Series A funding round, co-led by venture capital firms JAL Ventures Fund and XT Hi-Tech VC, with the participation of the Menomadin Foundation. The infusion of funds will support the company in expanding its global footprint, especially in the US market, by establishing local headquarters and hiring a team of industry professionals. In addition, the company will continue strengthening its ecosystem of SaaS solutions that simplify the business of energy management and optimization. Alon Mashkovich Tal Shaked Assif Stoffman Merav Galili, PhD To share your startup story write us on - contact@startuprise.org #Funding #Startup #enSights #SeriesA

Moment Energy, one of North America’s leading EV battery repurposing companies, announced the close of its US$15 million Series A funding round. The round was co-led by the Amazon Climate Pledge Fund and Voyager Ventures. This new investment will support Moment Energy’s plan to construct the world’s first gigafactory dedicated to repurposing electric vehicle (EV) batteries in the #UnitedStates. Edward Chiang To share your startup story write us on - contact@startuprise.org #Startup #Funding

Estonian startup Fusebox raises €2.6M to expand its SaaS-based Virtual Power Plants and Energy Management Systems across Europe. Backed by Soulmates Ventures, Eneco Ventures, PKO Bank, and SmartCap 💡 Get the details: https://hubs.la/Q0336l-t0 Tarvo Õng, Michal Sikyta #TechNews

Estonian startup Fusebox raises €2.6M to expand its SaaS-based Virtual Power Plants and Energy Management Systems across Europe. Backed by Soulmates Ventures, Eneco Ventures, PKO Bank, and SmartCap 💡 Get the details: https://hubs.la/Q0336hsT0 Tarvo Õng, Michal Sikyta #TechNews

Climate tech angel investor Electrifi Ventures, in partnership with Climate Salad, has taken a small but strategic stake in Newcastle-based energy technology startup MGA Thermal in the closing stages of the company’s $14.15 million pre-Series B capital raise. While the details of the investment have not been disclosed, Electrifi is unders... https://lnkd.in/ggxKH57Q

#Funding #IrelandStartups Dublin-based GridBeyond secures €11.25 million investment for BESS Expansion in UK and Ireland: Triodos Energy Transition Europe Fund is reinforcing its commitment to Irish startup GridBeyond Storage with a new investment of €11.25 million in the next phase of their partnership. This substantial investment forms part of a combined total of €12.5 million earmarked for GridBeyond Storage, a joint venture dedicated to accelerating the deployment of Behind-the-Meter (BTM) […] The post Dublin-based GridBeyond secures €11.25 million investment for BESS Expansion in UK and Ireland appeared first on EU-Startups.