Seed Funding Archives - Page 2 of 2

Apricus Generation Secures $30 Million Revolving Credit Facility

Polar Night Energy Raises $8.1 Million in Seed Funding

April 08
Staff
Storage

Polar Night Energy, a Finnish thermal energy storage startup, has successfully secured €7.6 million (~$8.1 million) in a seed funding round. Jonathan Oppenheimer, a South African

Funding and M&A Roundup: SmartSolar Raises $1.8 Million in Seed Funding ORIT secures $125 million five-year term loan facility SmartSolar, a rooftop solar solution provider, has raised $1.85 million in seed funding. The funding was led by Picus Capital and 2degrees, along with participation from early-stage venture capital firm Iterative. With this funding, the company plans to accelerate its growth in Vietnam and expand its footprint across Southeast Asia. The company offers rooftop solar solutions designed to help businesses cut down on electricity costs. Octopus Renewables Infrastructure Trust, an investment company, announced that it has signed a £100 million (~$125 million) five-year term loan facility with three of its existing lenders, Santander, National Australia Bank, and Allied Irish Banks. The funding will be used to pay down a portion of the existing and more expensive Revolving Credit Facility (RCF) debt. According to ORIT, it has drawn £151.2 million (~$191 million) on the RCF so far. Vidyut, an electric vehicle ecosystem platform, has raised $2.5 million in funding from global investor Flourish Ventures. The company will utilize the acquired funds to expand its Battery-as-a-Service offering in passenger and commercial EV segments. By unbundling batteries from EVs and offering them on a pay-per-km subscription basis, Vidyut claimed it had reduced upfront electric three-wheeler costs by 35-40%. For reports and trackers on funding and M&A transactions in solar, energy storage, and smart grid sectors, click here. Read last week's funding roundup. Tags: Vidyut, Octopus Renewables Infrastructure Trust, SmartSolar, solar, funding

Silicon Battery Technology Startup Ionobell Raises $3.9 Million Financing

March 29
Staff
Storage

Ionobell, a silicon battery technology company, raised $3.9 million in a recent seed extension round led by Dynamo Ventures and Trucks VC, bringing the total

UP Catalyst Secures $4.3 Million in Seed Funding

December 08
Arjun Pradeep
Storage

UP Catalyst, a producer of sustainable carbon nanomaterials and graphite, closed a €4 million (~$4.31 million) seed investment round led by Berlin-based climate tech VC

NEU Battery Materials Raises $3.7 Million in Seed Funding

NEU Battery Materials, a lithium-ion battery recycling startup, raised $3.7 million in an oversubscribed Seed Funding Round led by SGInnovate, a Singapore government-backed Deep Tech

Battery Storage Company Anthro Raises $7.2 Million in Seed Funding

October 25
Arjun Pradeep
Storage

Anthro Energy, an advanced battery technology company, announced the closing of an oversubscribed $7.2 million seed funding round. Union Square Ventures and Energy Revolution Ventures

Princeton NuEnergy Raises $7 Million for Lithium-ion Battery Recycling

May 16
Staff
Storage

Princeton NuEnergy, a clean-tech startup company spun out from Princeton University and focused on directly recycling lithium-ion batteries from electric vehicles and consumer electronics, raised

Leap24 Raises $4.8 Million in Seed Funding

February 03
Ranjitha S
Storage

Leap24, a charging network for electric vans and trucks, raised more than €4.25 million (~$4.8 million) seed funding from Yard Energy Investments and angel investors.

Funding and M&A Roundup: BlackRock Real Assets Invests in South Korean Solar Company

August 22
Ranjitha S
Solar, Storage

BlackRock Real Assets, an investment banking firm, has signed an agreement to acquire an undisclosed amount of equity stake in a South Korean solar aggregator

Virtual Care Provider Carbon Health Raises $26 Million

Wheelchair Sensor Technology Provider loop+ Raises $2 million in Seed Funding

loop+, a provider of sensor-enabled wheelchair pad, raised A$3 million (~$2 million) led by Yamaha Motor Ventures & Laboratory Silicon Valley (YMVSV), the strategic business