Startup Rise America News’ Post

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

🐙⚡️ Octopus Energy has raced to become the UK’s largest domestic electricity supplier by market share. Raising a huge $2.5bn of VC capital to date and growing its empire by at least 15 acquisitions, it’s no wonder that employees of the company are inspired to start ventures of their own. Meet six Octopus Energy alumni who went on to start their own companies: ◾️ Adam James — Cofounded Modbox, specialising in structural frames that can be used for shipping containers, building blocks and more. ◾️ Charlie Cook — Founded 🌱 Rightcharge, focusing on helping business customers manage employee EV charging activity and expenditure. ◾️ Andrei Petric — Cofounder and CTO of SiteAssist, AI-powered platform supporting compliance and safety for high-risk industries. ◾️ Vincent Uhlke — Founder of happylisting.ai, uses AI tools to help real estate agents geolocate new properties in Mallorca. ◾️ Julius Baghdadi — Started Moca, a platform that helps real estate owners derisk their portfolios. ◾️ Moj A. — Founded Unlocked Homes, an AI-powered app for residential property transactions. #newventures #climatetech #entrepreneurs

👀 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

Last week Peak Energy announced its $55M oversubscribed series A, which Xora Innovation led, joined by lead seed investor Eclipse (Greg Reichow, Ryan Gibson), as well as TDK Ventures (Anil Achyuta), TechEnergy Ventures (Alejandro Solé), Doral Energy-Tech Ventures (Roee Furman), Lachy Groom, and Tishman Speyer (David Aron). Special thanks to 🌱🤝🌍 Anil Achyuta for the original introduction.   Peak is commercializing a new standard in grid-scale energy storage systems based on sodium-ion batteries. Peak’s market is benefiting from the twin tailwinds of renewables and AI, and the company has just the right founding team to scale at "ludicrous speed".   Landon Mossburg, Co-Founder and CEO, is one of the most phenomenal team builders we have had the privilege of backing. He brings deep experience in building battery gigafactories from his prior role as Chief Automation Officer of Northvolt, where he didn’t shy away from sleeping on factory floors for months in Northern Europe.   We have a special place in our hearts for entrepreneurs who have the grit to spend 10 years+ building deep tech startups from the foundational stage to commercialization. Cameron Dales, Co-Founder, President and Chief Commercial Officer, has done it not only once, but twice, at Symyx Technologies and Enovix (current market cap $2.65B).   Liam O'Connor O’Connor, Co-Founder and COO, previously scaled major portions of Tesla’s and Apple’s supply chains, flying over 500,000 miles a year when required. Liam has a deep understanding of what it takes to build resilient supply chains in hypergrowth mode, having previously scaled from <$5B to $40B in spend over a matter of a few years.   The climate tech sector is in need of more entrepreneurs who truly understand what building on a massive industrial scale means. We couldn’t be more excited that Landon, Cam and Liam have decided to apply their talents to enabling grid-scale energy storage.

Cologne-based SpotmyEnergy, an energy startup, has secured €10.5M in Seed funding. The company aims to address the growing demand for digital and intelligent metering and the integration of millions of small systems into the energy market. Read more about the deal here: https://lnkd.in/grtrf5yq Jochen Schwill, Norrsken VC, Vorwerk Ventures, Picus Capital, Fabian Erici, Dominik Steinkühler

#Bengaluru-based #battery solutions startup EMO.energy has raised $6.2 million (₹530.65 million) in its Series A funding round. This round was led by Subhkam Ventures, with existing investor Transition VC also participating. https://lnkd.in/gYGtykhc

#Bengaluru-based energy-tech startup EMO.energy has raised $6.2 million (₹530.65 million) in its Series A funding round. This round was led by Subhkam Ventures, with existing investor Transition VC also participating. The company plans to use the funding to scale its advanced #battery solutions for #electricvehicles and #energystorage systems. https://lnkd.in/gtK855V2

⚡️🇩🇪 German energy startup SpotmyEnergy has secured €10.5 million in seed funding. The new investment will be used to meet product demand and further expand the technological solutions. 📈 The round was led by Swedish Norrsken VC alongside participation from new investor Vorwerk Ventures and existing investor Picus Capital. 🤖 Read more here: https://lnkd.in/dSADNj27 Jochen Schwill Fabian Erici Dominik Steinkühler #tech #funding #news #startup #VC #techstartup #sustainability #energy #EUtech #EUstartup

Norwegian startup Starflow raised €1.7M to drive energy independence and transform the home energy management arena: Learn how Norway-based startup Starflow aims to revolutionize home energy independence with its Energy Hub, securing €1.7 million for advancement. The post Norwegian startup Starflow raised €1.7M to drive energy independence and transform the home energy management arena appeared first on TECHnicalBeep. #Europe #Startups

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