9º Clean: Energy, Logistics & Batteries. Agro/Food tech - 1st April


  • Unpacking the future of the foodtech industry and where new and innovative opportunities are emerging. (AltAssets)
  • Most carbon emissions caused by businesses are hidden from sight. US and California regulators are pushing to require companies to fully disclose them. (Wired)
  • Fossil fuel CVCs are increasingly investing in climate-tech startups, posing a conundrum for many founders looking to raise funding. Link

Startups raising funds

  • Type One Energy, a Madison, Wis.-based nuclear fusion developer, raised $29m in seed funding from Breakthrough Energy Ventures, TDK Ventures and Doral Energy Tech Ventures. Link
  • Venti Technologies, a Weston, Mass.-based provider of autonomous logistics for supply chain and industrial hubs, raised $28.8m in Series A funding. LG Technology Ventures led, and was joined by Safar Partners, UOB Venture Management, and existing investors Alpha JWC and LDV Partners. Link
  • Connect Earth, a London-based startup focused on decarbonizing finance, raised $5.6m in seed funding. Gresham House Ventures led, and was joined by Love Ventures, Global Brain, Portfolio Ventures, Super Capital, Market One Capital, Mustard Seed MAZE and Venista Ventures. Link
  • 3E Nano, a Toronto-based developer of solar control coatings for windows, raised US$4m in seed funding. Energy Foundry led, and was joined by MUUS Climate Partners, ACT Venture Partners, Creative Ventures, New Climate Ventures, Vectors Capital and VertueLab. Link
  • Cardonaide, a Finnish green concrete startup, raised €1.8m in seed funding from Lakan Betoni and Vantaa Energy. Link
  • Ph7 Technologies, a Vancouver-based sustainable metal extraction tech developer, raised $16m in Series A funding. TDK Ventures and Pangaea Ventures co-led, and were joined by Rhapsody Ventures, Collaborative Fund, FM Capital and BASF VC. Link
  • Evoco, a Canadian maker of plant-based materials, raised C$12m in Series B funding led by Circular Innovation Fund. Link
  • Irrigreen, an Edina, Minn.-based robotic irrigation startup, raised $15m in seed funding. Ulu Ventures led, and was joined by with Sage Hill Investors, Burnt Island Ventures, MFV Partners, Anorak Ventures, Echo River Capital, Tamiami, Catalyst Innovation Lab and Sum Ventures. Link
  • Cauldron Labs, an Australian precision fermentation company for alt proteins, raised A$10.5m led by Main Sequence Ventures. Link
  • Cowboy Clean Fuels, a Denver-based RNG and carbon credits startup, raised $7.5m in Series A funding led by Machan Investments. Link
  • Two Boxes, a Denver-based returns platforms for brands and 3PLs, raised $4.5m in seed funding. Vinyl Capital led, and was joined by Matchstick Ventures and Range Ventures. Link
  • Effy, a French energy renovation company, raised €20m from Felix Capital. Link
  • Gen Phoenix, a British sustainable leather maker, raised $18m in Series B funding. Material Impact led, and was joined by Dr. Martens, InMotion Ventures and Tapestry. Link


  • Bestpath, a Shanghai-based hydrogen fuel cell developer, agreed to go public at an implied equity value of $1.2b via Aquaron Acquisition Corp. (Nasdaq: AQU). Link

Inverstors raising funds:

  • Magnesium Capital, a London-based energy transition PE firm co-founded by Ian Jones (ex-Apax Partners), is raising its debut fund. Link.

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