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The Carbon to Value Initiative (C2V Initiative), a multi-year collaboration from NYU Tandon School of Engineering's Urban Future Lab (UFL), Greentown Labs and Fraunhofer USA to catalyze the carbontech ecosystem, has announced nine startup participants for the fourth year of its carbontech accelerator program.

Reverion, a German startup building reversible, carbon-negative power plants, has raised $62 million in Series A funding, including non-dilutive funding.

SOLASTA Bio, a Glasgow-based agri-biotech company specialising in the next generation of green insecticides, has raised $14 million Series A financing led by Forbion, a global life sciences venture capital firm with deep expertise in Europe.

Retraced, the Düsseldorf-based SaaS platform that enables fashion and textile brands to digitize, trace and analyze risks related to their supply chains, has closed €15 million Series A funding round.

Paris-based Elum Energy, the provider of advanced energy management solutions for renewable energy systems, has secured $13 million in Series B funding led by Energize Capital, with participation from existing investors Alter Equity and Cota Capital.

The transaction will enable Deutsche Bank to set up a portfolio of up to €1 billion of banking guarantees for new investment in wind farms in the EU. 

As the first OOH agency to leverage Cedara’s carbon measurement platform, Billups is ushering the OOH industry into a greener, more responsible future.

Oxylus Energy, developer of a novel carbon utilization technology for the production of e-fuels, announced the close of its $4.5 million series seed investment co-led by Toyota Ventures and Azolla Ventures with participation from Earth Foundry and Connecticut Innovations.

Climate-related disasters across Europe caused losses of about €650 billion, or around €15.5 billion per year from 1980 to 2022.

Fleet, a modern commuter benefits management platform, has announced the close of its $2.5 million seed round led by Congruent Ventures with the participation of Great Oaks Venture Capital, Plug and Play Ventures, Rally Cap, and Virta Ventures.

Amsterdam-based Seenons, a tech startup aiming to eliminate the growing challenge of waste, has acquired Waste Group Denmark to expand its European activities and strengthens its position as the leading waste platform in Europe.

Africa-focused electric mobility startup Ampersand, has raised a further $2 million in equity, bringing the funding total raised in the last 12 months to $21.5 million, demonstrating continued investor appetite for the company's approach to electrifying Africa's millions of motorcycles.

New School Foods has announced the completion of $6 million seed extension round with funding from global investors including Inter IKEA, Good Startup, NewTree Capital and Hatch, building on previously announced non-dilutive capital from Protein Industries Canada. 

 The transaction would see Masdar invest €817 million to acquire a 49.99% stake, with an enterprise value of €1.7 billion, representing one of Spain’s biggest renewable energy deals.

To meet the growing demand to lower the cement industry’s carbon emissions, advanced materials manufacturer Fortera has secured $85 million in Series C funding to scale the deployment of its low-carbon cement technology that integrates with existing infrastructure.

The solution provided by Deutsche Bank converts BASF’s existing payables finance program to a sustainability-linked financing for some of its subsidiaries in China, allowing BASF to incentivise its suppliers to adopt sustainable practices.

Collo, a Finnish technology company offering IoT analyzers for optimizing industrial liquid processes, announced a growth funding of €5 million.

The European Investment Fund (EIF), has signed €50 million participation in Danish VC Nine Realms' latest fund, focusing on supporting early-stage technology-enabled SMEs in the supply chain sector.

Clearly, a UK-based climate intelligence platform using AI to provide fleet operators with unique and critical trip-level emission and energy insights, has closed $4.3 million seed round.

Plonts, the maker of new category of plant-based cheeses, has debuted its first product, an aged plant-based cheddar, at select restaurants in New York City and the San Francisco Bay Area, after raising a $12 million seed round and opening a pilot plant in Oakland, California.

By harnessing the power of technology to track and value natural capital, organizations can unlock new opportunities to support climate change mitigation efforts, while also identifying new sustainable finance investments.