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? US clean investment cleans up with $239bn #187

Climate Tech VC

Weaker residential construction activity cooled the HVAC sector, and heat pump sales bore the brunt at a 16% decline compared to 2022.  See full listings and deal analytics on Sightline Climate Request a Sightline Climate demo In the News The EU passed a watered down nature restoration law.   Can’t get enough deals?

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

💨 Private equity and O&G bet big on climate tech’s next frontiers: DAC and lithium. Blackrock injected $550M into Oxy’s DAC plant and ExxonMobil unveiled its first-ever lithium mining operation. ❄️ Macro market cools climate tech venture. 👻 Spooky season for clean energy stocks.

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? Blackrock’s $550M DAC bet #174

Climate Tech VC

  Early-Stage 🔋 Princeton NuEnergy , a Bordentown, NJ-based lithium-ion battery recycling platform, raised $16M in Series A funding from Wistron Corporation, Honda, GS Futures, Traxys North America, Shell Ventures and other investors.     Can’t get enough deals?

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? Uranium prices go nuclear #181

Climate Tech VC

Post-Fukushima, governments cooled on nuclear energy, but recent shifts recognizing nuclear's role in achieving net zero goals have led to demand outpacing supply. A bill passed the house in December that would ban all purchases of Russian uranium, unleashing the specter of further supply meltdown. Can’t get enough deals?

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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

   ⚒️ Adionics , a Thiais, France-based direct lithium extraction technology platform, raised $27M in Series B funding from Bpifrance, SQM, Supernova Invest, Céleste Management, and Ovive. 52 countries pledged to reduce their global cooling emissions by 68% through 2050.

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? Ammonia goes from fertilizer to fuel #180

Climate Tech VC

Other 🔋 Northvolt , a Stockholm, Sweden-based lithium-ion battery manufacturer, raised €902m ($986m) in Grant and Debt funding from The European Commission. See full listings and deal analytics on Sightline Climate Request a Sightline Climate demo In the News Hertz announced plans to sell a third of its U.S.

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🌏 Big moment for small nuclear #219

Climate Tech VC

Amazon will also lead the $500m C-1 round of X-energy, which is developing High Temperature Gas-cooled Reactors (HTGR) SMRs. Kairos is developing the “ Kairos Power fluoride salt-cooled high-temperature reactor (KP-FHR) ,” a novel advanced reactor technology.   Can’t get enough deals?