Innovative Energy and Environmental Solutions: Recent Investment Rounds
Key Ideas
  • Elicit Plant secures $48M to enhance crop resilience and reduce water use, with plans to expand into the U.S., Europe, and Brazil.
  • Ampd Energy raises $27.3M to further develop off-grid energy storage systems, aiming to expand into new sectors like mining and manufacturing.
  • Ecoelectro receives $10.5M for developing hydrogen production technology using recyclable materials, aiming to speed up deployment of their AEM electrolyzers.
  • Vaulted Deep closes a $32M round to progress slurry sequestration technology for permanent carbon removal, focusing on additional injection well sites and their next U.S. facility.
Several companies have recently secured significant investment rounds to advance innovative solutions in the fields of agriculture, energy, materials, and environmental management. Elicit Plant, known for its technology that enhances crop resilience and reduces water use, raised $48M in Series B funding to expand its market reach to the U.S., Europe, and Brazil. Ampd Energy, specializing in off-grid energy storage systems, received $27.3M in funding to expand its offerings to new sectors like mining and manufacturing. Ecoelectro, a developer of hydrogen production technology, secured $10.5M to accelerate the deployment of their AEM electrolyzers. Vaulted Deep, focusing on carbon removal through slurry sequestration technology, closed a $32M funding round to develop additional injection well sites, including their upcoming U.S. facility. Beta Technologies, a company working on electric aircraft and infrastructure, raised $318M to support the production and commercialization of their electric aircraft ALIA evToL. tozero, a lithium-ion battery recycling company, received an $11.5M extension of their Seed round to build their first industrial deployment plant and ramp up operations to process 30,000 tonnes of battery waste annually by 2026. These investments indicate a positive trend towards sustainable energy, environmental management, and technological advancements.
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