Olive Gaea, a climate tech start-up in Dubai has gained 1$ million USD in a funding round from Cornerstone Ventures. Olive Gaea, a Sustainability as a Service (SaaS) company, offers sustainable solutions in the MENA region. The company’s goal is to speed up the decarbonization process. The funding will be utilized to launch a SaaS…
Dioxycle announced its Series A funding round of $17 million, co-led by Lowercarbon Capital and Breakthrough Energy Ventures Europe (BEV-E). Gigascale Capital participated in the funding. The company is a French-American start-up. It transforms CO2 emissions into high-value and sustainable chemicals. Dioxycle claims to develop a tech that produces sustainable ethylene from recycled carbon emissions….
Advanced Ionics has closed a Series A funding round at $12.5 million. This round was led by bp ventures, with additional investors including Clean Energy Ventures, Mitsubishi Heavy Industries, and GVP Climate. The company plans to avail the funds to grow and accelerate the first deployment of its Symbion™ water vapor electrolyzer technology. It is…
AXA IM Alts, an alternative investments company, has announced a $49 million commitment to invest in Mombak reforestation projects. Mombak is a native species carbon removal start-up. The company invested in the Mombak reforestation projects under the natural capital and impact investing strategy. This investment will support the restoration of the Amazon rainforest on pastures…
Isometric, a carbon removal registry and science platform based in the U.K., has announced seed funding of $25 million. This funding round was led by – Lowercarbon Capital and Plural. The round was also participated by Lowercarbon Capital and Plural with angel investors Niklas Zennström (founder of Skype), David Helgason (founder of Unity Technologies), Ross…
Avnos is a Los Angles-based direct air capture company, developing a Hybrid Direct Air Capture (HDAC) technology to remove carbon. It has announced to sign a multi-year strategic and investment partnership with more than $80 million in total with its partners. The partners are ConocoPhillips, JetBlue Ventures, corporate venture capital division of JetBlue, and Shell…
Pano AI raised $17M in new capital growth, led by Valor Equity Partners in a series A round. New investors joining the funding are Salesforce Ventures, T-Mobile Ventures and the 5G Open Innovation Lab. Along with existing investors include Initialized Capital, Congruent Ventures, Convective Capital and more. Acquired funding will be used to advance the AI-based detection for active wildfire and to…
1KOMMA5° has raised €215 million in a Series B equity funding round at a valuation of more than $1 billion in just 23 months after the climate-focused company was founded. G2VP led the round that also includes €215 million in re-participation options, which can be paid as part of the purchase price for new acquisitions….
CleanHub secures $7 Million funding led by Lakestar and Integra Partners, for cleaner plastic free coastal regions and oceans. The company aims to fill the waste management gap in developing countries and use funding the funding along with infrastructure to manage waste more efficiently. CleanHub states that 2 billion people in coastal regions worldwide lack…