Venture capital
BlackRock, Temasek close inaugural decarbonization fund at $1.4 billion
The Decarbonization Partners close comes as BlackRock and other investors walk back climate ambitions — and focus on funding energy transition startups.
New funding in hand, Arcadia plans expansion of utility data platform
CEO Bhatraju said the $50 million will help the company adapt to enterprise customers’ demand for new data solutions.
Captura taps utility, aviation partners for direct ocean capture
The startup added National Grid Partners and Japan Airlines to close out a $45 million Series A.
Climate VCs weigh the impact of Biden's green bank fund
$20 billion in federal funding is set to de-risk cleantech investment and stimulate private dollars.
Startup Dryad Networks raises $6.1 million for ultra-early wildfire detection
The company uses AI-fueled sensors to sniff out fires, unlike its many peers in the growing market that rely on visual indicators.
The energy transition’s digital layer still has holes
Allison Myers, co-founder of Buoyant Ventures, said there’s a missing link when it comes to contextual, decision-enabling data for utilities.
Geothermal startup Quaise nabs $21 million for pilot prep
The company hopes to make geothermal “geography agnostic” by using high-power microwaves to vaporize rocks.
Ocient raises $50 million for more energy efficient data processing
The company’s expanded round will help it move into the utility segment, said investor Buoyant Ventures.
Duke Energy backs AiDash as the startup moves into asset inspection
The investment underscores growing utility interest in AI, and the startup's broad geographic ambitions.
Antora raises $150 million to boost manufacturing
The thermal battery maker is on the verge of a handful of commercial-scale deployments using its heat-as-a-service model.
Camus Energy expands Series A to help utilities chart load growth
AI for grid planning just got another another lift from venture capital.
Amperesand bags over $12 million for solid-state transformer tech
The Singapore-based startup is developing the world’s first grid-connected SST.
Crux lands $18 million from a16z for tax credit market buildout
The tax credit market is a “fundamental puzzle piece” in renewable energy’s new capital stack.
AiDash’s $50 million raise underscores its vegetation management versatility
Investors say the startup is poised for immense profitability with its AI-backed tech.
With $335 million raise, ArcTern Ventures targets mobility, home electrification
The VC firm says there’s “no doubt on solar,” but anticipates an industry-wide focus on near-term bets.