Tag: funding

Carbon Clean raises $150m in record carbon capture funding round

Stuart Mitchell

Carbon Clean, has closed the largest ever equity funding round for a point source carbon capture company, taking a major step towards its goal of delivering industrial decarbonisation on a gigatonne scale by the mid-2030s. Carbon Clean has raised U.S. $150m from existing investor Chevron, who led the round, alongside CEMEX Ventures, Marubeni Corporation and WAVE Equity Partners and new investors, AXA IM Alts, Samsung Ventures, Saudi Aramco Energy Ventures and TC Energy. To date, Carbon Clean has raised $195m, having closed its $30m Series B investment round in August…

Read More

Successful funding round for Sustainably set to continue transforming frictionless giving

Stuart Mitchell

Following a successful funding round, Edinburgh based start-up, Sustainably, are set to continue transforming frictionless giving through onboarding 200,000 users by the end of the year and generating an estimated £100m extra donations for the charities on their app  The investment raised will support them to market to new users and charities as well as improve functionality and launch a B2B platform. It has also enabled the founders to expand the team with three new recruits including 2 engineers and 1 growth lead.  Loral Quinn, Co-founder and CEO of Sustainably…

Read More

Redaptive Secures $156.5 Million In Funding Led By CarVal Investors to expand energy efficiency

Stuart Mitchell

Redaptive Inc., has announced it has closed $156.5 million in funding led by CarVal Investors. Existing investors  CBRE,  Engie  New Ventures, Evergy Ventures and Linse Capital also participated. Redaptive will leverage this operating capital to expand its energy efficiency offerings to meet growing demand from existing and new customers. Redaptive enables energy efficiency retrofit programs without upfront capital and guarantees results using directly measured building data. This allows companies to reduce their costs while continuing to scale their operations. Redaptive has partnered with a growing number of companies around the…

Read More

Carbon Trust comment on US consortium announcement of $10m R&D funding after first solicitation

Stuart Mitchell

The Carbon Trust is pleased to see over $10m of R&D funding being awarded to accelerate the deployment of offshore wind technology in the US. The National Offshore Wind Research and Development Consortium (NOWRDC) has today announced the selection of twelve projects that will be progressed into the contract negotiation phase. Jan Matthiesen vice chair of NOWRDC’s board and director at the Carbon Trust said,  “NOWRDC is really picking up the pace, and it is encouraging to see such a high calibre of projects being announced through the consortium, which…

Read More

Scottish Government tackle funding for food during school holidays

Stuart Mitchell

More children and young people are set to benefit from nutritious meals and a place to play and socialise when schools are closed for the holidays this year. Communities Secretary Aileen Campbell has announced £340,000 for six charities that offer children breakfast, healthy snacks and a hot lunch, as well as a range of games and activities during the school holidays. The funding means that this Easter, and throughout the rest of the school holidays this year, more than 46,500 children will be supported with food and activities. This is…

Read More