Turning waste-wood into skyscrapers; mycoprotein for fish farming; saving landfill-bound merchandise from the hangman’s noose– Latest offers value taking a look at:

Agriculture & Meals

EniferBio (2019) is greening-up the business of sustainable fish farming with its biotech meals and animal feed protein merchandise. The only-cell protein is extracted from fungi Pekilo mycoprotein and protein-rich cell biomass pulled from underutilised aspect or meals waste streams. This waste-to-high-value-product know-how differs from the unique fermentation strategies developed by forestry scientists within the Nineteen Sixties, and gives 70% protein, 20-30% fibre, 10% fat and minerals, and a excessive focus of vitamin B for high-quality animal feed.

EniferBio has secured $12M in Sequence A funding from Aqua-Spark, TESI, Valio, Voima Ventures, and Nordic FoodTech VC.

The funding will go in the direction of scaling its know-how and manufacturing capacities.

Vitality & Energy

Vitality Dome (2019) is combating local weather change with its CO2 battery. The power storage answer supplied by Vitality Dome is predicated on the thermodynamic transformation of CO2, a closed loop course of utilizing CO2 to retailer power and make renewable energy dispatchable. This modern long-term power storage system permits massive portions of power to be saved in any website dependency, permitting companies to retailer electrical energy affordably.

Vitality Dome has closed a $44M Sequence B spherical from Eni Subsequent, Neva SGR, Barclays Sustainable Influence Capital, CDP Enterprise Capital, Invitalia Ventures, Novum Capital Companions, 360 Capital Companions, Japan Vitality Fund Ventures, and Elemental Excelerator.

The funding will go in the direction of enabling additional commercialization of Vitality Dome’s know-how all over the world and can assist the enlargement of Vitality Dome’s workforce in key markets, with a selected concentrate on the U.S.

Supplies & Chemical compounds

WooDoo (2016) has developed dieback bionic wooden, a molecularly-enhanced translucent wooden that overcomes all customary wooden limits for its utility within the constructing business. Its know-how transforms broken wooden species at a molecular scale into high-performance materials options for metal, glass, leather-based, and plastics. These supplies are claimed to ‘outperform metal and concrete in power, weight, look and price’.

The Parisian firm has secured $31M in Sequence A funding from One Creation, Lowercarbon Capital, and Purple Ventures with angel traders additionally taking part within the spherical.

The funding will go in the direction of scaling its manufacturing capabilities to satisfy their rising demand whereas exploring different industrial alternatives. The transformation of useless wooden right into a skyscraper is not any small feat, taking the world’s bottom-line and aesthetics-based tradition and aligning them with environmental wants.

Assets & Setting

Cyclic Supplies (2021) gives recycling providers to assist round provide chains by saving one landfill-bound product at a time. It’s a round provide chain service platform particularly aiming to facilitate the recycling of important earth metals and supplies used for high-performance magnets to get them re-circulated and again into the manufacturing course of. Emission-reducing industries receiving these supplies embody wind turbine, electrical car, and electronics for CO2 producers.

Cyclic Supplies has raised $27M in an oversubscribed Sequence A funding spherical led by Vitality Influence Companions (EIP) and BMW i Ventures (BiV), together with Fifth Wall, Bioindustrial Innovation Canada (BIC), and Planetary Applied sciences.

The funds might be used to scale up its development in North America, Europe, and Asia.

Transportation & Logistics

Virta (2013) is bringing electrical mobility nearer to every day routines with its providers overlaying the entire electrical charging worth chain. Its worldwide charging community connects EV drivers and offers entry to over 350,000 charging factors for each companies and native communities.

Virta has raised a cumulative of $91M in development fairness funding to assist its European and APAC area enlargement plans; $71M is from Jolt Capital, co-invested by Future Vitality Ventures, with the remaining $20M from Enterprise Finland.

The purpose is to be the connector for all key gamers inside the electrical car ecosystem by providing a channel to launch, scale and function industrial providers inside the EV business.

Enabling Applied sciences

Ursa Main Applied sciences (2015) brings high-performing rocket engines, hypersonics and a spread of turnkey propulsion options to the microsatellite launch business. The concept is to convey a brand new mannequin for area entry by ensuring that each hyperlink on this huge worth chain isn’t restricted by these round it.

To pursue its know-how improvement, Ursa Main has closed its $100M Sequence D spherical from traders together with BlackRock and House Capital. These funds come a 12 months following its $85M Sequence C spherical, with a cumulative complete of $234M raised and a $400M pre-money valuation.

Ursa Main is working to proceed constructing ‘Hadley’, its 5,000-pound liquid oxygen and kerosene engine, and ‘Ripley’ a a lot bigger engine which is 10x extra highly effective with its 50,000-pound thrust. This spherical of funding will go in the direction of persevering with to develop its applied sciences that are targeted instantly on the development of rocket engines.