This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
🏠 Lightium , a Zürich, Switzerland-based thin-film lithium niobate (TFLN) developer, raised $7m in Seed funding from Lakestar and Vsquared Ventures. The funding will help strengthen US supply chains for critical components like lithium and cobalt, key to expanding renewable energy and electric vehicle adoption.
🔋 Anthro Energy , a San Jose, CA-based lithium-ion battery developer, raised $20m in Series A funding from Collaborative Fund, Emerson Collective, Energy Revolution Ventures, Nor’easter Ventures, Overlap Holdings, and other investors. Can’t get enough deals?
💨 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. ☢️ US nuclearpower saw mixed results. Can’t get enough deals?
Just last week, the UK Government laid out its plan to quadruple nuclearpower by 2050 and China approved construction for four new reactors. Other 🔋 Northvolt , a Stockholm, Sweden-based lithium-ion battery manufacturer company, raised $5bn in Debt funding from the European Investment Bank and the Nordic Investment Bank.
In other news, BP abandons its decarbonization goals, chaos in cat bond markets, and Rio Tinto’s lithium play. ⚒️ Lithios , a Medford, MA-based lithium extraction technology service, raised $12m in Seed funding from Clean Energy Ventures, GS Futures, Lowercarbon Capital, MassCEC 2030 Fund, and TechEnergy Ventures.
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.
Plus, Amazon has signed an MOU with Dominion Energy to explore building an SMR near the company's North Anna nuclearpower plant in Virginia. Amazon said it will deploy 5GW of nuclearpower through SMRs by 2039. Amazon’s paying prime for next decade delivery particularly stands out.
🔋 Polarium , a Stockholm, Sweden-based lithium-ion battery energy storage developer, raised $49m in funding from AMF, Alecta, Harald Mix, Roosgruppen, and Vargas Holdings. In parallel, Sweden is planning to start building a new nuclear reactor by 2026 as part of its long-term energy strategy.
⚒️ E3 Lithium , a Calgary, Canada-based lithium extraction from oilfields service provider, raised $5m in Grant funding from Critical Minerals Infrastructure Fund (CMIF). While most tenders favor lithium-ion for cost competitiveness, non-lithium technologies dominate in total capacity.
In deals, $542m across three new funds, plus $87m for lithium ion cells, and $82m for battery components. France’s new nuclearpower plant, Flamanville, went online last week — and the reactor shut itself down just a day after. Can’t get enough deals?
A handful of new announcements from Exxon, Shell, Google, and more show how emerging clean firm technologies are scaling up to power the sector. In deals, $600m in data centers, $44 in lithium-ion energy storage and $35m in drone monitoring. Can’t get enough deals?
In the US , a 2023 Pew Research Center survey shows 57% of Americans favor nuclearpower, a 14% increase over 2020. Italy installed its National Platform for Sustainable NuclearPower in September. The committee will draft a plan to reintroduce nuclear for the first time since 1990.
Nuclearpower can play a significant role in the long-term, as it’s a top priority for industry and the US government, but it won’t solve short-term supply constraints. Exits 🔋 Northvolt , a Stockholm, Sweden-based lithium-ion battery manufacturer, filed for Bankruptcy / Out of Business.
In other news, the UK is investing more in nuclear fission and fusion; the first underground injection CCS permit in California; and big climate bond news. In deals, $7bn for EVs, $2bn in lithium extract across two deals, and $260m in sustainable space vehicle components.
⚒️ Mangrove Lithium , a Vancouver, Canada-based lithium refining technology developer, raised $35m in Corporate Strategic funding from BMW i Ventures, Breakthrough Energy Ventures, Export Development Canada, InBC Investment Corp, Mitsubishi Corporation, and other investors. E3 Lithium has successfully produced 99.7%
🔋 Tozero , a Munich, Germany-based lithium-ion battery recycling service provider, raised $12m in Seed funding from NordicNinja, Atlantic Labs, Honda Motor Company, In-Q-Tel, JGC Holdings Corporation, and other investors. Can’t get enough deals? See full listings and deal analytics on Sightline Climate.
Request a Sightline Climate demo In the News Germany’s snap election has put Friedrich Merz and his center-right CDU party in charge, which prioritize economic growth over green investment. Facing trade restrictions, Chinese firms are halting exports of a key lithium-processing material. Can’t get enough deals?
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content